201 Concourse BlvdSanta Rosa, CA 95403

Property Details for 201 Concourse Blvd

Year built

1999

Construction

WOOD

Lot size

0.48 AC

Property size (Sq ft)

4,300 SF

Property type

Office buildings

APN

059-360-005-000

APU

59360005000

Description

This exceptional 4,300 square foot executive office building is ideally situated in Santa Rosa's Concourse Business Park, within the Airport Business Center. Located near Sonoma County's Charles M. Schulz Airport, this free-standing building offers unparalleled access to major transportation routes, including Highway 101 and proximity to the Smart Train Terminal. The property boasts two private entrances and is divisible into two suites of approximately 2,254 and 2,046 square feet. The interior features ten private offices, a large conference room, multiple kitchenette areas, a reception area, five workstations, and two restrooms. High-quality finishes include raised wood floors, perfect for medical or office tenants. The building benefits from excellent natural light with extensive glass lines on four sides, providing great visibility. On-site parking is available at a 4:1000 ratio. The property is zoned MP (Industrial Park) and is part of a larger development plan encompassing over 600 acres of industrial development. This prime location is home to several leading companies in the medical and scientific fields, including Medtronics, TriVascular, and others. The asking price is $1,150,000, with a price per square foot of $267.44. The lot size is approximately 5-603 acres. This presents a unique opportunity to acquire a well-maintained, strategically located office building in a thriving business park.

• CAP approach

  CAP return

  Valuation

  6%

  $1,179,705

  6.5%

  $1,088,958

  7%

  $1,011,176

• Comparable approach

  Method

  Valuation

  Relative Method

  $789,034

  Geo Method

  $613,954

• Alternative Use

  Use

  Valuation

  Residential

  $1,350,308

  Hospitality

  $1,236,875

  Educational

  $1,029,066

  Medical

  $1,064,457

  Retail

  $1,600,769

Location Insight

City

Santa Rosa

County

Sonoma

State

California

Latitude

38.512

Longitude

-122.789

CBSA code

42220

CBSA name

SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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