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    Property profile & analytics

    101 Wikiup Dr Santa Rosa, CA 95403-1375

    • Office buildings
    • 5,476 SF
    • 0.57 lot acres
    OFF-MARKET
    Last Sale
    Sep 29, 2023
    $1,300,000
    Value Estimations
    $1,305,000
    Show details
    Cap Rate Potential
    6.2%
    Office buildings
    Location Intelligence
    Property ID
    US09-1512459
    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

    • James A Thompson Pro Corporation / Law Firm
    • Divorce Resolution Project / Law Firm
    • Jennifer A Lcsw Buffington / Foster Care Service / Social Service Agency
    • Seneca Family of Agencies - Santa Rosa / Charitable Organization / Social Service Agency

    Property Details for 101 Wikiup Dr

    Year built
    1988
    Construction
    WOOD
    Lot size
    0.57 lot acres
    Property size
    5,476 SF
    Property type
    Office buildings
    APN
    039-040-034-000
    APU
    39040034000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,335,000
      ML approach
      $1,325,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,375,000
      6.5%
      $1,270,000
      7%
      $1,180,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,374,000
      Market price range: $1.13M - $4.10M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,960,000
      Current use
      MEDICAL BUILDING
      $2,010,000
      Change: +3% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,580,000
      Change: -19% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Rosa
    County
    Sonoma
    State
    California
    Longitude
    -122.759
    Latitude
    38.5081
    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
    $13,972
    $255,327
    $581,933
    $837,260
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,255,000
      6,560 SF

      100 Wikiup Dr

      OFFICE BUILDING • 6,560 SF
      100 Wikiup Dr, Santa Rosa, CA 95403-1338
      View Details
    • Value Estimation
      $1,490,000
      8,160 SF

      1430 Guerneville Rd

      OFFICE BUILDING • 8,160 SF
      1430 Guerneville Rd, Santa Rosa, CA 95403-7230
      View Details
    • Value Estimation
      $2,690,000
      15,000 SF

      208 Concourse Blvd

      OFFICE BUILDING • 15,000 SF
      208 Concourse Blvd, Santa Rosa, CA 95403-8210
      View Details
    • Value Estimation
      $1,770,000
      7,777 SF

      3209 Cleveland Ave

      OFFICE BUILDING (MULTI-STORY) • 7,777 SF
      3209 Cleveland Ave, Santa Rosa, CA 95403-2119
      View Details
    • Value Estimation
      $7,055,000
      36,504 SF

      3055 Cleveland Ave

      OFFICE BUILDING (MULTI-STORY) • 36,504 SF
      3055 Cleveland Ave, Santa Rosa, CA 95403-2122
      View Details
    • Value Estimation
      $3,035,000
      19,468 SF

      2245 Mendocino Ave

      OFFICE BUILDING (MULTI-STORY) • 19,468 SF
      2245 Mendocino Ave, Santa Rosa, CA 95403-3112
      View Details

    Similar Nearby for Sale

    • $585,000
      1,916 SF

      Santa Rosa Office Building For Sale

      Two-story office building with modern upgrades and ample parking.
      145 Wikiup Ct, Santa Rosa, CA 95403
      View Details
    • $2,960,000
      10,210 SF

      Santa Rosa Warehouse/Office/Flex Building

      Versatile warehouse/office/flex building in Santa Rosa's commercial corridor.
      3242 Airway Dr, Santa Rosa, CA 95403
      View Details
    • Contact for pricing
      46,000 SF

      Renovated Mixed-Use Commercial Property

      Recently renovated commercial property with retail and office spaces.
      3201 Piner Rd, Santa Rosa, CA 95403
      View Details
    • Contact for pricing
      1,217 SF

      West Santa Rosa Office Space

      Office space in a thriving professional park with great visibility.
      2448 Guerneville Rd, Santa Rosa, CA 95403
      View Details
    • $410,000
      1,464 SF

      Santa Rosa Commercial Condo

      Commercial condo in north Santa Rosa with flexible business uses.
      1820 Empire Industrial Ct, Santa Rosa, CA 95403
      View Details
    • $1,162,000
      4,742 SF

      Santa Rosa Office For Sale

      Office space available in Santa Rosa, California, spanning 4,742 square feet.
      3785 Brickway Blvd, Santa Rosa, CA 95403
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,889 SF

      Class A Office Space Available

      Two-story office building in Fountaingrove submarket with highway visibility.
      3700 Old Redwood Hwy, Santa Rosa, CA 95403
      View Details
    • Contact for pricing
      1,048 SF

      Class A Office Space Available

      Two-story office building near Santa Rosa Airport for lease.
      3843 Brickway Blvd, Santa Rosa, CA 95403
      View Details
    • Contact for pricing
      4,068 SF

      Class A Office Space Available

      Class A office space for rent near Santa Rosa Airport.
      475 Aviation Blvd, Santa Rosa, CA 95403
      View Details
    • Contact for pricing
      2,933 SF

      Class A Office Space Available

      Class A office space for rent near Santa Rosa Airport.
      451 Aviation Blvd, Santa Rosa, CA 95403
      View Details
    • Contact for pricing
      4,507 SF

      Santa Rosa Office Space Available

      Office space with highway visibility and ample parking.
      3883 Airway Dr, Santa Rosa, CA 95403
      View Details
    • Contact for pricing
      2,936 SF

      Class A Office/Medical Building

      Office and medical building near Kaiser Permanente Santa Rosa.
      3333 Mendocino Ave, Santa Rosa, CA 95403
      View Details
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    Santa Rosa, CA 95403-1375
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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