Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    519 Mendocino Ave Santa Rosa, CA 95401-5241
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    519 Mendocino Ave Santa Rosa, CA 95401-5241

    View on Map
    • Retail space
    • 5,428 SF
    • 0.19 lot acres
    Off-Market
    Property ID
    US09-0165713
    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
    $885,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 519 Mendocino Ave

    Year built
    1962
    Construction
    TILT-UP CONCRETE
    Lot size
    0.19 lot acres
    Property size
    5,428 SF
    Property type
    Retail space
    APN
    010-035-026-000
    APU
    10035026000

    Description

    This exceptional 5,003 square foot retail showroom space, located at 519 Mendocino Avenue in Santa Rosa, California, presents a unique opportunity for multiple tenants. Currently entirely vacant, this property offers flexible layouts suitable for a variety of retail uses. The building is zoned CD-7 (Downtown Commercial), allowing for a wide range of commercial activities. Situated in Sonoma County, this prime location benefits from high visibility and foot traffic in the vibrant downtown Santa Rosa area. The space is ideal for businesses seeking a prominent presence in a bustling commercial district. With a total area of 5,003 square feet, the property offers ample room for customization and expansion. The address is 519 Mendocino Avenue, Santa Rosa, CA 95401. This is a multi-tenant property, providing opportunities for businesses of various sizes to collaborate or operate independently within the same building. The property's location in the heart of downtown Santa Rosa ensures excellent accessibility and exposure to a large customer base. Interested parties are encouraged to inquire about lease terms and availability. The property is ready for immediate occupancy. The zip code is 95401.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $985,000
      6.5%
      $910,000
      7%
      $845,000

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,300,000
      COMMERCIAL (GENERAL)
      $1,235,000
      INDUSTRIAL (GENERAL)
      $1,215,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Rosa
    County
    Sonoma
    State
    California
    Longitude
    -122.716
    Latitude
    38.4427
    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
    $14,030
    $225,477
    $867,776
    $1,093,253
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,375,000
      8,930 SF

      421 Stony Pt Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,930 SF
      421 Stony Pt Rd, Santa Rosa, CA 95401-5900
      View Details
    • Value Estimation by Request
      3,848 SF

      1050 Dutton Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,848 SF
      1050 Dutton Ave, Santa Rosa, CA 95401-5011
      View Details
    • Value Estimation by Request
      3,507 SF

      601 Mendocino Ave

      STORE, RETAIL OUTLET • 3,507 SF
      601 Mendocino Ave, Santa Rosa, CA 95401-5253
      View Details
    • Value Estimation by Request
      2,880 SF

      125 4th St

      RETAIL STORES (PERSONAL SERVICES) • 2,880 SF
      125 4th St, Santa Rosa, CA 95401-6211
      View Details
    • Value Estimation
      $700,000
      6,525 SF

      525 5th St

      STORE, RETAIL OUTLET • 6,525 SF
      525 5th St, Santa Rosa, CA 95401-6324
      View Details
    • Value Estimation
      $650,000
      5,982 SF

      1 6th St

      STORE, RETAIL OUTLET • 5,982 SF
      1 6th St, Santa Rosa, CA 95401
      View Details

    Similar Nearby for Sale

    • $350,000
      1,771 SF

      Retail/Office Space with Highway Exposure

      Retail or office space with potential for live/work use.
      2100 Armory Dr, Santa Rosa, CA 95401
      View Details
    • $2,795,000

      Downtown Santa Rosa Retail/Office/Medical Space

      Three-story retail/office/medical space in vibrant downtown Santa Rosa.
      515 5Th St, Santa Rosa, CA 95401
      View Details
    • $4,250,000
      14,525 SF

      Versatile Mixed-Use Property in Downtown

      Prime downtown location with retail, office, and warehouse space.
      145 3Rd St, Santa Rosa, CA 95401
      View Details
    • New
      $3,999,999
      14,525 SF

      Versatile Mixed-Use Building in Santa Rosa

      Prime mixed-use property in downtown Santa Rosa's Historic Railroad Square.
      145 3Rd St, Santa Rosa, CA 95401
      View Details
    • $3,825,000
      10,950 SF

      Historic Western Hotel in Santa Rosa

      Iconic building in Railroad Square Historic District near SMART Station.
      10 4Th St, Santa Rosa, CA 95401
      View Details
    • $1,395,000

      Restaurant Building with Buildable Lot

      Vacant restaurant with parking and adjacent lot for development.
      2265 W Steele Ln, Santa Rosa, CA 95401
      View Details

    Similar Nearby for Lease

    • $1.05 SF/Yr

      Regional Mall Anchor Space Available

      Anchor space in Santa Rosa's only enclosed regional mall.
      600 Santa Rosa Plz, Santa Rosa, CA 95401
      View Details
    • Contact for pricing

      Retail Space in Santa Rosa

      Retail spaces for lease in a renovated Santa Rosa center.
      1250 Coddingtown Ctr, Santa Rosa, CA 95401
      View Details
    • Contact for pricing

      Versatile Workspace Solutions Available

      Flexible office spaces, coworking, meeting rooms, and virtual office options.
      131 Stony Cir, Santa Rosa, CA 95401
      View Details
    • Contact for pricing
      16,386 SF

      Mendocino Avenue Office Space

      Office suites available in prime Santa Rosa location.
      520 Mendocino Ave, Santa Rosa, CA 95401
      View Details
    • Contact for pricing

      CA, Santa Rosa - Stony Circle

      Workspaces, services and support to help you work better in CA, Santa Rosa - Stony Circle
      131 Stony Cir, Santa Rosa, CA 95401
      View Details
    • $2 SF/Yr
      25,470 SF

      Downtown Santa Rosa Office Suites

      Renovated office suites in prime downtown location, 100-600 sqft.
      401 Mendocino Ave, Santa Rosa, CA 95401
      View Details
    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.
    519 Mendocino Ave
    Santa Rosa, CA 95401-5241
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!