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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7921 Redwood Dr Cotati, CA 94931-3032

    • Outlet malls
    • 138,134 SF
    • 12.54 lot acres
    OFF-MARKET
    Last Sale
    Feb 07, 2023
    Value Estimations
    $26,725,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2712925
    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

    • Lowe's ProServices / Building Materials Supplier / Home Improvement Store
    • Primo Water Exchange / Bottled Water Supplier
    • Lowe's Home Improvement / Home Improvement Store / Building Materials Supplier
    • Installation Services / Contractor
    • KeyExpress Locksmiths / Key Duplication Service / Locksmith

    Property Details for 7921 Redwood Dr

    Year built
    2006
    Lot size
    12.54 lot acres
    Property size
    138,134 SF
    Zone code
    C1
    Property type
    Outlet malls
    APN
    046-286-022-000
    APU
    46286022000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $21,020,000
      6.5%
      $19,405,000
      7%
      $18,015,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $36,140,000
      Market price range: $26.1M - $73.3M
      AI Estimate
      $24,635,000
      Market price range: $4.76M - $59.9M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $43,655,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Cotati
    County
    Sonoma
    State
    California
    Longitude
    -122.715
    Latitude
    38.3339
    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
    $389,188
    $9,500,000
    $11,500,000
    $21,000,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $565,000
      20,314 SF

      7981 Old Redwood Hwy

      SHOPPING CENTER, STRIP CENTER • 20,314 SF
      7981 Old Redwood Hwy, Cotati, CA 94931-5100
      View Details
    • Value Estimation
      $1,045,000
      24,750 SF

      556 Cotati Ave

      SHOPPING CENTER, STRIP CENTER • 24,750 SF
      556 Cotati Ave, Cotati, CA 94931-4094
      View Details
    • Value Estimation by Request
      11,872 SF

      7665 Old Redwood Hwy

      SHOPPING CENTER, STRIP CENTER • 11,872 SF
      7665 Old Redwood Hwy, Cotati, CA 94931-5132
      View Details
    • Value Estimation
      $745,000
      26,550 SF

      8492 Gravenstein Hwy

      SHOPPING CENTER, STRIP CENTER • 26,550 SF
      8492 Gravenstein Hwy, Cotati, CA 94931-4105
      View Details
    • Value Estimation
      $860,000
      40,334 SF

      7950 Redwood Dr

      SHOPPING CENTER, STRIP CENTER • 40,334 SF
      7950 Redwood Dr, Cotati, CA 94931-3051
      View Details
    • Value Estimation by Request
      9,755 SF

      7520 Commerce Blvd

      SHOPPING CENTER, STRIP CENTER • 9,755 SF
      7520 Commerce Blvd, Cotati, CA 94931-3710
      View Details

    Similar Nearby for Sale

    • $3,750,000
      19,056 SF

      Cotati Warehouse with Ample Power

      Vacant warehouse with high power, office space, and parking.
      531 Mercantile Dr, Cotati, CA 94931
      View Details
    • $3,225,000
      13,515 SF

      Cotati Industrial Warehouse For Sale

      Vacant Warehouse, 13,515 SF, $238/SF
      566 Portal St, Cotati, CA 94931
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      1,741 SF

      Retail Space in Rancho Cotati

      Neighborhood shopping center space near Highway 101 and Sonoma State.
      502-576 E Cotati Ave, Cotati, CA 94931
      View Details
    • $2 SF/Yr
      93,291 SF

      Neighborhood Shopping Center For Lease

      Neighborhood shopping center with diverse tenants and essential services.
      500 E Cotati Ave, Cotati, CA 94931
      View Details
    • $2 SF/Yr
      2,835 SF

      Former Massage Envy Retail Space

      High-end retail/office space with private offices and outdoor patio.
      640 E Cotati Ave, Cotati, CA 94931
      View Details
    • Contact for pricing
      18,792 SF

      Cotati Warehouse with Open Layout

      18,792 SF warehouse featuring open layout and four loading doors.
      8354 Santero Way, Cotati, CA 94931
      View Details
    • Contact for pricing
      8,756 SF

      Cotati Industrial Space with Yard

      Industrial space featuring new office, yard, and secure parking.
      292 Alder Ave, Cotati, CA 94931
      View Details
    • $15 SF/Yr
      23,000 SF

      Warehouse and Office Space Available

      23,000 SF warehouse with office near Highway 101.
      369 Blodgett St, Cotati, CA 94931
      View Details

    Property Visit Statistics

    • Visits by month
      59.4k
    • Visitors by month
      37.5k
    • Avg Time on site
      27 min
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    Cotati, CA 94931-3032
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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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