150 Steele LnSanta Rosa, CA 95403

Property Details for 150 Steele Ln

Year built

2012

Construction

WOOD

Lot size

0.55 AC

Property size (Sq ft)

6,024 SF

Property type

Retail properties

Property subtype

Retail space

APN

180-300-033-000

APU

180300033000

Description

This exceptional 4,000-square-foot commercial property, located at 150 Steele Lane in Santa Rosa, California, presents a remarkable opportunity for a single-tenant retail or restaurant business. Situated in Sonoma County, this property boasts ample parking, a significant advantage for attracting customers. The entire space is currently vacant, offering a blank canvas for a discerning tenant to create their ideal business environment. The building's 4,000 square feet provide ample room for a variety of retail concepts or restaurant layouts. The property's address is 150 Steele Ln, Santa Rosa, CA 95403. Its convenient location within Santa Rosa offers excellent visibility and accessibility, ensuring high foot traffic and easy access for customers. The property is classified as a single-tenant space, providing exclusivity and control over the premises. This is an ideal opportunity for a business seeking a well-located, spacious, and readily available commercial space in a thriving Sonoma County market. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. With ample parking available, customer convenience is prioritized, contributing to a positive business environment. This property is zoned for retail and restaurant use, making it suitable for a wide range of businesses. Don't miss this chance to secure a prime location for your next venture.

• CAP approach

  CAP return

  Valuation

  6%

  $2,429,446

  6.5%

  $2,242,566

  7%

  $2,082,382

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,785,562

  Geo Method

  $2,167,469

• Alternative Use

  Use

  Valuation

  Residential

  $1,891,688

  Hospitality

  $1,732,776

  Educational

  $1,441,649

  Medical

  $1,491,230

  Retail

  $2,242,566

Location Insight

City

Santa Rosa

County

Sonoma

State

California

Latitude

38.4605

Longitude

-122.719

CBSA code

42220

CBSA name

SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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