Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1405 Montgomery Dr Santa Rosa, CA 95405
    Back to Search
    Property profile & analytics

    1405 Montgomery Dr, Santa Rosa, CA 95405

    View on Map
    • Medical Office Space
    • 8,697 SF
    • 0.60 lot acres
    For Sale
    $1,500,000
    View Listing →
    Santa Rosa Office Building For Sale For Sale
    $1,500,000
    8,697 SF

    Santa Rosa Office Building For Sale

    8,697 SF office property available in Santa Rosa, CA.

    1405 Montgomery Dr, Santa Rosa, CA 95405
    View Listing
    Property ID
    US09-1532792
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Michael J Star / Physician
    • ARI UMUTYAN / Physician
    • NATHAN ROSS EHMER / Physician
    • Rodney Dekleuver / Physician
    • Dominic Mintalucci / Physician

    Property Details for 1405 Montgomery Dr

    Year built
    1968
    Construction
    WOOD
    Lot size
    0.60 lot acres
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    009-153-015-000
    APU
    9153015000

    Description

    This exceptional 26,136 square foot medical office building in Santa Rosa, CA, presents a unique owner-user opportunity. The property, situated on a 0.6-acre corner lot at the signalized intersection of Montgomery Drive and Doyle Park Drive, boasts high visibility and signage. The two-story building features approximately 8,697 square feet of net rentable space, including 12 private offices/exam rooms equipped with sinks and cabinets, two X-ray rooms, two specialized rooms (potentially cast rooms), a lab area, additional medical office spaces, four restrooms, a waiting room, and a reception area. The second floor offers approximately 2,055 square feet of finished attic space, providing ample storage and roof access. Built in 1968, the building is zoned CO (Commercial Office) and benefits from its location on a major Santa Rosa corridor for medical and professional businesses, near Providence/Santa Rosa Memorial Hospital and Medical Centers, Highway 101 (less than a mile), and Highway 12 (half a mile). Ample parking is available with 42 spaces. The property is currently vacant and ready for immediate occupancy. The asking price is $2,200,000, with a price per square foot of $252.96. This presents a compelling investment opportunity for medical professionals or businesses seeking a well-located, established facility. The APN is 009-153-015.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Rosa
    County
    Sonoma
    State
    California
    Longitude
    -122.699
    Latitude
    38.4439
    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
    $9,174
    $212,039
    $560,919
    $772,958
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $590,000
      3,933 SF

      185 Sotoyome St

      MEDICAL BUILDING
      185 Sotoyome St, Santa Rosa, CA 95405-4803
      View Details
    • Value Estimation
      $1,190,000
      6,606 SF

      510 Doyle Park Dr

      MEDICAL BUILDING
      510 Doyle Park Dr, Santa Rosa, CA 95405-4570
      View Details
    • Value Estimation by Request
      3,334 SF

      4690 Hoen Ave

      MEDICAL BUILDING
      4690 Hoen Ave, Santa Rosa, CA 95405-7823
      View Details
    • Value Estimation by Request
      3,000 SF

      4740 Hoen Ave

      MEDICAL BUILDING
      4740 Hoen Ave, Santa Rosa, CA 95405-7824
      View Details
    • Value Estimation
      $510,000
      1,980 SF

      775 Farmers Ln

      MEDICAL BUILDING
      775 Farmers Ln, Santa Rosa, CA 95405-6701
      View Details
    • Value Estimation
      $855,000
      6,520 SF

      3910 Princeton Dr

      MEDICAL BUILDING
      3910 Princeton Dr, Santa Rosa, CA 95405-7014
      View Details

    Similar Nearby for Sale

    • $1,804,000
      8,697 SF

      Medical Office Building For Sale

      8,697 SF medical office building near hospital and highways.
      1405 Montgomery Dr, Santa Rosa, CA 95405
      View Details
    • $224,000
      1,175 SF

      Medical/Dental Office Condo For Sale

      Medical/dental/professional office condominium near hospital campus.
      1515 Montgomery Dr, Santa Rosa, CA 95405
      View Details
    • $2,221,000

      Sonoma Avenue Investment Opportunity

      Two buildings with office and multifamily potential in Santa Rosa.
      1200 Sonoma Ave, Santa Rosa, CA 95405
      View Details
    • Contact for pricing
      1,600 SF

      Santa Rosa Medical Office Space

      Medical office space for sale in Santa Rosa, CA.
      4720 Hoen Ave, Santa Rosa, CA 95405
      View Details
    • $245,000
      999 SF

      Professional Office Condo For Sale

      Versatile 999 Sq Ft office condo in Santa Rosa.
      1144 Sonoma Ave, Santa Rosa, CA 95405
      View Details
    • Contact for pricing
      Pending

      Santa Rosa Office Building For Sale

      8,697 SF office property available in Santa Rosa, CA.
      1405 Montgomery Dr, Santa Rosa, CA 95405
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      CA, Santa Rosa - Neotomas Ave

      Discover many ways to work your way in CA, Santa Rosa - Neotomas Ave
      1410 Neotomas Ave, Santa Rosa, CA 95405
      View Details
    • Contact for pricing

      Flexible Workspace Solutions Available

      Global network of workspaces with tailored options for rent.
      1410 Neotomas Ave, Santa Rosa, CA 95405
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1405 Montgomery Dr
    Santa Rosa, CA 95405
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1405 Montgomery Dr, Santa Rosa, CA, 95405
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!