5301 Old Redwood Hwy Petaluma, CA 94954-1166
Property profile & analytics
5301 Old Redwood Hwy Petaluma, CA 94954-1166
- Turn key restaurants
- 5,880 SF
- 0.23 lot acres
Property ID
US09-1846975
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.
Location Intelligence
Current Use by Public Records
- Carside To Go / Restaurant
- Applebee's Grill + Bar / Restaurant
Property Details for 5301 Old Redwood Hwy
- Year built
- 1996
- Lot size
- 0.23 lot acres
- Property size
- 5,880 SF
- Property type
- Turn key restaurants
- APN
- 047-360-026-000
- APU
- 47360026000
Description
This exceptional investment opportunity presents a 5,880 square foot Applebee's restaurant located at 5301 Old Redwood Hwy N, Petaluma, CA 94954. The property boasts a strong 5.25% cap rate and a substantial net operating income (NOI) of $130,000. The absolute NNN lease, with zero landlord responsibilities, ensures passive income for the investor. A recent five-year lease extension through December 31, 2029, demonstrates the tenant's long-term commitment. Strategically positioned off the CA-101 Freeway (approximately 112,000 cars daily), this property benefits from high visibility and accessibility. Situated within Redwood Business Park, it enjoys proximity to over 50 businesses within a three-mile radius. The location is further enhanced by its placement on a hard corner lot at a signalized intersection of Old Redwood Hwy and McDowell Blvd, providing excellent exposure. The surrounding area is highly affluent, with an average household income exceeding $167,961 within a three-mile radius. This turnkey investment offers a secure and profitable opportunity in a prime location. The property was built in 1996 and currently enjoys 100% occupancy. The asking price is $2,476,190, translating to $421.12 per square foot.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Petaluma
- County
- Sonoma
- State
- California
- Longitude
- -122.67
- Latitude
- 38.276
- 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
$44,146
$1,503,235
$2,596,506
$4,099,741
-
$0.00
$0.00
$0.00
