3746 Airway DrSanta Rosa, CA 95403

Property Details for 3746 Airway Dr

Lot size

6.50 AC

Property type

Retail properties

Property subtype

Retail space

APN

148-150-044-000

APU

148150044000

Description

This exceptional commercial land opportunity presents a 21,780 square foot parcel in Santa Rosa, California, ideally situated at 3746 Airway Dr, zip code 95403. Zoned for Commercial General use, this single-tenant pad site is part of a larger Kohl's development, offering significant advantages. The property benefits from the established customer traffic generated by the co-tenancy with the existing Kohl's store, ensuring high visibility and accessibility. This ground lease opportunity provides a unique chance to establish a business within a thriving retail environment. The lot size is substantial, providing ample space for development. Located in Sonoma County, this property offers a strategic location within a busy commercial area. The property is easily accessible and highly visible, making it an attractive option for a variety of retail businesses. This is a long-term ground lease opportunity, offering stability and potential for significant return on investment. The property's prime location and strong co-tenancy make it an exceptional investment prospect. Serious inquiries are encouraged to explore this remarkable opportunity to secure a prominent retail presence in a high-traffic area of Santa Rosa.

• CAP approach

  CAP return

  Valuation

  6%

  $114,188,808

  6.5%

  $105,405,048

  7%

  $97,876,120

• Comparable approach

  Method

  Valuation

  Relative Method

  $130,926,984

  Geo Method

  $101,875,360

• Alternative Use

  Use

  Valuation

  Residential

  $88,913,104

  Hospitality

  $81,443,928

  Educational

  $67,760,392

  Medical

  $70,090,776

  Retail

  $105,405,048

Location Insight

City

Santa Rosa

County

Sonoma

State

California

Latitude

38.4813

Longitude

-122.737

CBSA code

42220

CBSA name

SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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