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Property profile & analytics
FOR SALE
Warehouses

5980 State Farm Dr Rohnert Park, CA 94928

21,773 SF 3.02 ac lot Built 1997
Trust Owned 13-yr Hold ~ Est. High Equity
Property ID
US09-1799725
Property summary
AI-generated overview

This exceptional cold storage facility, situated on a 3.02-acre lot in Rohnert Park, California, presents a unique investment opportunity. The 21,773-square-foot building, constructed in 1997, boasts a strategic layout ideal for food distribution or processing. The warehouse features approximately 13,972 square feet of dry storage, 11,384 square feet of cooler space, and 6,255 square feet of freezer space, all served by eight dock-high roll-up doors and one drive-in roll-up door. The property also includes approximately 1,500 square feet of office space complete with a full kitchen. Power is provided by a robust 1200-amp, 277v, 3-phase system. The building benefits from a 30-foot clear ceiling height and is fully air-conditioned. The property is zoned I-L/O (Industrial with office overlay), allowing for potential expansion. The ample 3.02-acre lot offers significant excess land for future development, with existing plans for an additional 28,000 square feet of warehouse space. Conveniently located with easy access to Highway 101, this property represents a compelling investment in a thriving market. The asking price is $6,300,000 ($289.35 per square foot). The APN is 143-021-080. The address is 5980 State Farm Drive, Rohnert Park, CA 94928.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1997
Construction TILT-UP CONCRETE
Total area 21,773 SF
Lot 3.02 ac (131,551 SF)
Zoning code MLPD
APN 143-021-080-000
UPID US09-1799725
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.69M
Blend (final) Blend
$2.58M
Owner & transaction history
Buchanan Jack D Trust · 13 yrs held
Buchanan Jack D Trust
since 2013
7 recorded transactions
2017
Price N/A
2013
Price N/A
2012
Price N/A
2012
Price N/A
1996
$237,500
1969
Price N/A
1969
Price N/A
Zoning & alternative use
MLPD · Rohnert Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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