11 5Th StPetaluma, CA 94952
- Office properties
- 20,584 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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