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Light Industrial Warehouse Condo

Santa Rosa, CA 95403 Santa Rosa, CA 95403

New
Santa Rosa, CA, 95403
$389,000
For Sale
$389,000

COMMERCIAL - Santa Rosa, CA

Property Size1,464 SF
Lot Size0.03 Acres
Price / SF$265.71
Days on Market6

Property Features

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
0.03 Acres

Building Details

Year built
1986
Listing agency NextHome Wine Country Premier
Listed by The Wine Country Home Team · License #BA917097,PersonLicenseNumber
Added: Jul 16 Updated: Jul 20 at 3:59PM Checked: Jul 21 at 6:06PM
MLS# 326054254

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This commercial condo includes approximately 1,464 square feet of light industrial space with an open warehouse area featuring high ceilings. The unit also has a roll-up door, an office build-out, and a private restroom, with on-site parking available.

The property is located in Empire Industrial Court in north Santa Rosa. It is described as being conveniently near U.S. 101, Airport Blvd, and major transportation routes.

Zoning is listed as Light Industrial for a variety of business uses, with the buyer to verify permitted uses with the City.

Key Highlights

  • Commercial condo with approx. 1,464 SF in Empire Industrial Court (north Santa Rosa)
  • Built in 1986
  • Open warehouse with high ceilings and a roll‑up door

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $32.5k $22.20
− Vacancy −$4.9k −$3.37
EGI $27.6k $18.83
− OpEx −$6.9k −$4.71
NOI $20.7k $14.12
1,464 SF · lease $22.20/SF/yr · vacancy 15.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$295.3K
$258.4K – $344.5K (±1% cap)
NOI $20,671 @ 7.0% cap · market cap 5.31%
Second Best
Warehouse
$261.9K
$229.1K – $305.5K (±1% cap)
NOI $18,330 @ 7.0% cap · market cap 4.71%
Theoretical Best
Multifamily LT 5
$406.7K
$355.9K – $474.5K (±1% cap)
NOI $28,472 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Similar Off Market Nearby

  • Pacific Connection Catering & Event Design — 1800 Empire Industrial Ct # C, Santa Rosa, CA 95403
  • Shady Duke — 2500 Pomo Trail, Santa Rosa, CA 95403, United States

FAQs

What type of property is this?
Flex space - Warehouse condo offers open space with high ceilings, roll-up door, and an office build-out with private restroom.
Where is this flex space located?
The property is located at Santa Rosa, CA.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Commercial condo with approx. 1,464 SF in Empire Industrial Court (north Santa Rosa); Built in 1986; Open warehouse with high ceilings and a roll‑up door
Contact an agent
More about this property
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