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Property profile & analytics

10 Santa Rosa Ave Santa Rosa, CA 95404

  • Banks
  • 31,356 SF
  • 0.72 lot acres
For Sale
Last Sale
Jun 21, 2024
$9,726,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US09-0547873
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Merrill Lynch Wealth Management / Financial Planner
  • Bank of America ATM / Atm

Property Details for 10 Santa Rosa Ave

Year built
1968
Construction
CONCRETE
Lot size
0.72 lot acres
Property size
31,356 SF
Property type
Banks
APN
009-071-020-000
APU
9071020000

Description

This exceptional 31,356 square foot, two-story office building presents a rare opportunity in downtown Santa Rosa. Located on a prominent corner lot (31,363 sq ft) at the intersection of Santa Rosa Avenue and 3rd Street, this Class B property boasts a prime location with high visibility and significant daily traffic counts (13,681+ on 3rd Street and 15,431+ on Santa Rosa Avenue). Originally constructed in 1968 for Bank of America, the building has undergone renovations over time. Features include concrete block construction, a concrete slab foundation, glass and steel accents, an open ground floor with a 14-foot clear height, and two elevators. The layout comprises two suites, a central lobby, a common hall, and a mechanical room. The HVAC system is fully operational. Zoned CMU-DSA (Commercial Mixed Use - Downtown Station Area), the property offers a maximum base Floor Area Ratio of 8.0, allowing for a potential project size of approximately 250,000 square feet. This zoning permits a variety of mixed uses, including housing, office, and retail, with added incentives like reduced impact fees and parking requirements. The building's convenient location offers easy access to US Hwy 101 and other major thoroughfares, proximity to the downtown plaza, and walking distance to parking facilities. The property is bordered by the Comstock Mall, a pedestrian thoroughfare, providing convenient utility access. This is a unique investment opportunity in a thriving downtown area experiencing significant revitalization. Asking price: $5,900,000 ($188.16/sq ft).


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $9,725,000
    ML approach
    $9,725,000
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $5,935,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Santa Rosa
County
Sonoma
State
California
Longitude
-122.713
Latitude
38.4395
CBSA code
42220
CBSA name
SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$129,592
$1,203,008
$9,433,790
$10,636,798
-
$0.00
$0.00
$0.00
More about this property
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