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    Property profile & analytics

    6675 Petersen Rd Petaluma, CA 94952-9204

    • Manufacturing properties
    • 3,800 SF
    • 2.00 lot acres
    OFF-MARKET
    Last Sale
    Mar 27, 2023
    $900,000
    Value Estimations
    $995,000
    Show details
    Cap Rate Potential
    5.6%
    Manufacturing properties
    Location Intelligence
    Property ID
    US10-3127629
    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.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 6675 Petersen Rd

    Year built
    1950
    Construction
    TILT-UP CONCRETE
    Lot size
    2.00 lot acres
    Property size
    3,800 SF
    Property type
    Manufacturing properties
    APN
    024-031-062-000
    APU
    24031062000

    Description

    This unique property, located at 6675 Petersen Road in Petaluma, California, presents a compelling investment opportunity. Encompassing two acres of private land in west Petaluma, the property features a substantial warehouse and a separate office/living space. Currently in rough condition, this former meat processing plant offers significant potential for redevelopment. Ideal for a contractor's yard, storage facility, or a variety of other uses, the property's versatility is enhanced by its DA B6 10 zoning, which allows for multiple uses and flexibility. The expansive warehouse provides ample space for storage or operational needs, while the detached office/living space offers additional possibilities for on-site management or residential conversion (subject to applicable permits and regulations). The property is being sold "as is," presenting a chance for a buyer to envision and execute their own vision. The asking price is $1,199,000, and owner financing is available, making this an attractive proposition for those seeking a unique commercial property with substantial upside potential. The property's location in west Petaluma offers convenient access to transportation routes and local amenities. Further photos will be available soon. Don't miss this chance to acquire a large parcel of land with existing structures ready for your creative vision.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,005,000
      ML approach
      $935,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $665,000
      6.5%
      $615,000
      7%
      $570,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,479,000
      Market price range: $587k - $1.48M
      AI Estimate
      $991,000
      Market price range: $189k - $991k

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

    Location Insight

    • Map
    • Local Demand
    City
    Petaluma
    County
    Sonoma
    State
    California
    Longitude
    -122.758
    Latitude
    38.3258
    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
    $11,607
    $437,456
    $546,820
    $984,276
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $280,000
      0.84 Acres

      580 San Antonio Rd

      PROCESSING PLANT (CEMENT, GRAVEL) • 0.84 Acres
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      View Details
    • Value Estimation
      $315,000
      4,465 SF

      400 Hopper St

      MANUFACTURING (LIGHT) • 4,465 SF
      400 Hopper St, Petaluma, CA 94952-3318
      View Details
    • Value Estimation
      $555,000
      17,904 SF

      501 Lakeville St

      MANUFACTURING (LIGHT) • 17,904 SF
      501 Lakeville St, Petaluma, CA 94952-3301
      View Details
    • Value Estimation
      $1,130,000
      36,144 SF

      800 Lindberg Ln

      MANUFACTURING (LIGHT) • 36,144 SF
      800 Lindberg Ln, Petaluma, CA 94952-7324
      View Details
    • Value Estimation
      $315,000
      894 SF

      29 Lakeville St Sta, Unit A

      MANUFACTURING (LIGHT) • 894 SF
      29 Lakeville St Sta, Petaluma, CA 94952-3124
      View Details
    • Value Estimation
      $4,195,000
      47,743 SF

      429 1st St

      MANUFACTURING (LIGHT) • 47,743 SF
      429 1st St, Petaluma, CA 94952-4264
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Prime Petaluma warehouse, ideal for lease or sale.
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      View Details
    • $1,050,000
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      Unique Commercial Property with Development Potential

      Private commercial property with warehouse and residential development potential.
      6675 Petersen Rd, Petaluma, CA 94952
      View Details
    • $4,500,000
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      Prime Petaluma Industrial Facility

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      Petaluma Warehouse: Prime Location

      25,795 SF Warehouse, $240/SF
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    • $1,050,000
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      Unique Commercial Property with Development Potential

      Serene commercial property with warehouse and residential development potential.
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    • $3,850,000
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    Similar Nearby for Lease

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      18,500 SF

      Petaluma Warehouse with Retail Showroom

      18,500 SF warehouse with retail showroom near US 101.
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      View Details
    • $1.25 SF/Yr
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      Industrial Space Near Highway 116

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      View Details
    • Contact for pricing
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    • Contact for pricing
      5,500 SF

      Petaluma Warehouse: 5,500 SF

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      View Details
    • $1.20 SF/Yr

      Petaluma Office/Warehouse Leasing Opportunity

      Conveniently located office/warehouse space with easy highway access and ample parking.
      800 Lindberg Ln, Petaluma, CA 94952
      View Details
    • $1.00 SF/Yr
      1,538 SF

      Petaluma Warehouse with Small Office

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      1320 Industrial Ave, Petaluma, CA 94952
      View Details
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    6675 Petersen Rd
    Petaluma, CA 94952-9204
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    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
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