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    501 Grv St Healdsburg, CA 95448-4747
    Property profile & analytics

    501 Grv St Healdsburg, CA 95448-4747


    • Office buildings
    • 35,704 SF
    • 2.16 lot acres
    Off-Market
    Last Sale Sep 17, 2020
    Property ID
    US09-2646040
    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
    $7,055,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 501 Grv St

    Year built
    2000
    Construction
    TILT-UP CONCRETE
    Lot size
    2.16 lot acres
    Property size
    35,704 SF
    Property type
    Office buildings
    APN
    089-130-058-000
    APU
    89130058000

    Description

    Grove Street Plaza Business Center, located at 501 Grove Street in Healdsburg, California, presents a unique investment opportunity. This 35,704 square foot, two-story concrete tilt-up building sits on a 2.16-acre lot and offers exceptional versatility. Its prime location next to City Hall and within easy walking distance (one to five blocks) of Healdsburg Plaza, numerous restaurants, hotels, and multiple health clubs provides unparalleled convenience and accessibility. The building features an elevator, facilitating easy movement between floors. Its design allows for multiple uses and can be easily subdivided into smaller spaces, ranging from 5,000 to 30,000 square feet, making it suitable for a variety of tenants. Currently vacant, this property is perfectly suited for an owner-user business seeking a prominent location. Government or educational institutions would also find this building highly advantageous due to its proximity to City Hall and its ample space. Permitted uses within the industrial zone include office space, research and development, warehousing, and manufacturing, among others. The building's location offers convenient freeway access and proximity to Sonoma County Airport, just a 15-minute drive away. This exceptional property presents a rare chance to acquire a substantial commercial building in a thriving Healdsburg location. The asking price is $16,000,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $8,960,000
      6.5%
      $8,275,000
      7%
      $7,680,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,688,000
      Market price range: $7.69M - $17.7M
      AI Estimate
      $5,206,000
      Market price range: $5.21M - $10.8M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $11,750,000
      Current use
      INDUSTRIAL (GENERAL)
      $11,555,000
      Change: -2% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $11,285,000
      Change: -4% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Healdsburg
    County
    Sonoma
    State
    California
    Longitude
    -122.875
    Latitude
    38.6136
    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
    $53,942
    $999,816
    $3,669,293
    $4,669,109
    -
    $0.00
    $0.00
    $0.00
    More about this property
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