Property profile

1 Padre Pkwy Rohnert Park, CA 94928

OFF-MARKET
Motels
Property ID
US09-1691036
11,000 SF 2.13 ac lot Built 1977
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Padre Town Center offers an exceptional opportunity for retail businesses seeking prime Sonoma County locations. This vibrant, five-building lifestyle center boasts a total of 7,734 square feet of immediately available retail space, divisible into units ranging from a minimum of 1,156 square feet to a maximum contiguous space of 4,364 square feet. The entire 7,734 square feet is currently vacant, presenting a unique chance to establish a flagship location or create a multi-tenant retail environment. The property is zoned DMU (Downtown Mixed Use) within Sonoma County, allowing for a wide array of potential uses. Imagine the possibilities: restaurants, breweries, cafes, coffee shops, fitness centers, or even office spaces with high retail visibility. Other suitable uses include beauty salons, spas, medical facilities (such as urgent care or dialysis), and various retail sales businesses. The center features an extensive outdoor seating area, perfect for creating a welcoming atmosphere for patrons. Potential tenants can also benefit from the possibility of open concept ceilings and abundant parking (5 spaces per 1,000 square feet), ensuring convenient access for customers and employees. This location offers a compelling combination of space, flexibility, and a vibrant community setting. Don't miss this chance to secure your ideal retail space in Padre Town Center.

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1977
Construction WOOD
Total area 11,000 SF
Lot 2.13 ac (92,782 SF)
APN 143-051-025-000
UPID US09-1691036

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall
  • Clothing Store Boutique
  • Clothing Store
  • Hair Salon Nail Salon
  • Barber Shop

Location

1 Padre Pkwy Rohnert Park, CA 94928-2151
Rohnert Park metro Census 151305 SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$919k
Blend (final) Blend
$1.14M

Owner & transaction history

since 2021
6 recorded transactions
2021
Price N/A
2017
$6.0M
2004
Price N/A
1997
$100,000
1996
$1.5M
1995
$1.7M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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