11 5Th StPetaluma, CA 94952

  • Office properties
  • 20,584 SF
For Lease

Property Details for 11 5Th St

Year built
1911
Construction
TILT-UP CONCRETE
Lot size
0.86 AC
Property size (Sq ft)
20,584 SF
Property type
Office properties
Property subtype
Office buildings
APN
008-052-001-000
APU
8052001000

Description

This 20,584 square foot, Class B office building located at 11 5th St, Petaluma, CA 94952, offers 9 available suites ranging from 250 to 2,500 contiguous square feet. The building, constructed in 1911 and situated in the MU2 zoned area of Sonoma County, features 14 total suites across two stories. Currently, 3,500 square feet of space is vacant. Amenities include 35 total parking spaces and elevators. The property is conveniently located in downtown Petaluma, offering easy access to dining, shopping, and entertainment. The minimum divisible space is 250 square feet, ideal for smaller businesses or individual professionals. Larger tenants can occupy up to 2,500 contiguous square feet. This location provides a blend of historic charm and modern convenience, making it an attractive option for a variety of businesses. The building's address is 11 5th St, with a cross street of B Street, and its APN is 008052001000. The property is part of the Petaluma submarket.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,647,220
    6.5%
    $5,212,819
    7%
    $4,840,474
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,777,089
    Geo Method
    $5,741,084
  • Alternative Use

    Use
    Valuation
    Residential
    $6,463,896
    Hospitality
    $5,920,894
    Educational
    $4,926,114
    Medical
    $5,095,530
    Retail
    $7,662,844
11 5Th St, Petaluma, California

Location Insight

City
Petaluma
County
Sonoma
State
California
Latitude
38.2323
Longitude
-122.641
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
$37,241
$967,151
$2,487,867
$3,455,018
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