Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2970 Santa Rosa Ave Santa Rosa, CA 95407-6221
    Back to Search
    Property profile & analytics

    2970 Santa Rosa Ave, Santa Rosa, CA 95407-6221

    View on Map
    • Retail space
    • 10,976 SF
    • 0.93 lot acres
    Off-Market
    Last Sale Sep 29, 2021
    $2,100,000
    Property ID
    US09-1993039
    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
    $2,155,000
    Show details
    Cap Rate Potential
    5.2%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 2970 Santa Rosa Ave

    Year built
    1991
    Lot size
    0.93 lot acres
    Property type
    Retail space
    APN
    044-280-079-000
    APU
    44280079000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 16, 2026 — Casaluch Trust Salvador Cruz Deed · related —
    Jan 27, 2022 — Salvador Cruz — Deed · related $853k · Cdc Small Business Finance Corp
    Sep 29, 2021 $2,100,000 Salvador Cruz S & A Investments LLC Grant Deed $1.1M · Merchants Bank Of Commerce
    Oct 20, 2017 — Ann Shilling Doncar LLC Grant Deed $1.7M · Redwood Cu
    Sep 19, 2017 $2,557,000 Survivors Donald M W & Carmen Trust Doncar Ltd Grant Deed —
    Sep 19, 2017 — Ann Shilling Survivor Donald M W & Car Quit Claim Deed —
    Dec 26, 2006 — Doncar LLC Doncar Ltd Quit Claim Deed —
    Dec 29, 2004 $1,995,000 Doncar Ltd Drotter,james R & Barbara K Grant Deed $1.5M · Sonoma National Bank
    — — James R Drotter — Deed Of Trust · related $919k · National Bank The Redwoods

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,315,000
      ML approach
      $2,410,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,990,000
      6.5%
      $1,840,000
      7%
      $1,710,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,971,000
      Market price range: $1.98M - $5.00M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $3,050,000
      Current use
      AUTO REPAIR, GARAGE
      $3,165,000
      Change: +4% Conversion: Difficult
      OFFICE BUILDING
      $3,045,000
      Change: -0% Conversion: Easy
      RESTAURANT
      $3,010,000
      Change: -1% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Rosa
    County
    Sonoma
    State
    California
    Longitude
    -122.713
    Latitude
    38.4047
    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
    $25,935
    $728,280
    $1,456,560
    $2,184,840
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,415,000
      22,680 SF

      3011 Santa Rosa Ave

      STORE, RETAIL OUTLET
      3011 Santa Rosa Ave, Santa Rosa, CA 95407-8177
      View Details
    • Value Estimation by Request
      2,764 SF

      3448 Santa Rosa Ave

      STORE, RETAIL OUTLET
      3448 Santa Rosa Ave, Santa Rosa, CA 95407-7932
      View Details
    • Value Estimation
      $12,900,000
      86,889 SF

      2805 Santa Rosa Ave

      RETAIL STORES (PERSONAL SERVICES)
      2805 Santa Rosa Ave, Santa Rosa, CA 95407-7627
      View Details
    • Value Estimation
      $705,000
      6,000 SF

      1911 Santa Rosa Ave

      STORE, RETAIL OUTLET
      1911 Santa Rosa Ave, Santa Rosa, CA 95407-7620
      View Details
    • Value Estimation by Request
      3,755 SF

      3301 Santa Rosa Ave

      RETAIL STORES (PERSONAL SERVICES)
      3301 Santa Rosa Ave, Santa Rosa, CA 95407-7929
      View Details
    • Value Estimation
      $750,000
      8,423 SF

      4310 Luther Burbank Memorial Hwy

      RETAIL STORES (PERSONAL SERVICES)
      4310 Luther Burbank Memorial Hwy, Santa Rosa, CA 95407
      View Details

    Similar Nearby for Sale

    • $840,000
      3,145 SF

      Mixed-Use Quadruplex in Santa Rosa

      Mixed-use property with residential and commercial units, income potential.
      4013 Arthur Ashe Cir, Santa Rosa, CA 95407
      View Details
    • $850,000
      2,334 SF

      Freestanding Commercial Building on Highway

      2,334 SF commercial building in Sebastopol, excellent visibility.
      5341 Sebastopol Ave, Santa Rosa, CA 95407
      View Details
    • Contact for pricing

      121-Unit Condominium Community For Sale

      121-unit condominium community with retail spaces in Santa Rosa, CA.
      3751 Sebastopol Rd, Santa Rosa, CA 95407
      View Details
    • Contact for pricing
      27,827 SF

      Industrial Property with Cash-Flow

      27,827 SF industrial property with cash-flow and vacancy.
      3005 Wiljan Ct, Santa Rosa, CA 95407
      View Details
    • $945,000
      4,692 SF

      Commercial Building in Santa Rosa

      Commercial building featuring warehouse and office spaces on one-third acre.
      80 Barham Ave, Santa Rosa, CA 95407
      View Details
    • $2,300,000
      4,592 SF

      Santa Rosa Automotive/Retail Opportunity

      High-visibility corner lot with auto and retail potential.
      3110 Santa Rosa Ave, Santa Rosa, CA 95407
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,372 SF

      Retail Space in Stony Point

      Retail space available in a busy Santa Rosa plaza.
      711 Stony Point Rd, Santa Rosa, CA 95407
      View Details
    • Contact for pricing
      19,500 SF

      Retail Box Opportunity in Santa Rosa

      Retail space with loading dock and monument signage available for rent.
      1935 Santa Rosa Ave, Santa Rosa, CA 95407
      View Details
    • $4,500 /Mo

      Retail Space on Santa Rosa Avenue

      Retail space available for rent on Santa Rosa Avenue.
      3753 Santa Rosa Ave, Santa Rosa, CA 95407
      View Details
    • $1.05 SF/Yr
      30,000 SF

      Santa Rosa Food Service Opportunity

      Well-built food facility with storage, heavy power, and water rights.
      322 Bellevue Ave, Santa Rosa, CA 95407
      View Details
    • Contact for pricing
      75,000 SF

      Santa Rosa Industrial Space Available

      115,000 SF industrial space for lease in Santa Rosa.
      Northpoint Pkwy & Mariner Way, Santa Rosa, CA 95407
      View Details
    • Contact for pricing

      Industrial Space Near Sonoma Airport

      Industrial space for lease, conveniently located near Sonoma County Airport.
      1408 Thunderbolt Way, Santa Rosa, CA 95407
      View Details

    Property Visit Statistics

    • Visits by month
      5.2k
    • Visitors by month
      2.2k
    • Avg Time on site
      475 min
    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.
    2970 Santa Rosa Ave
    Santa Rosa, CA 95407-6221
    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
    2970 Santa Rosa Ave, Santa Rosa, CA, 95407
    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!