19080 Lomita AveSonoma, CA 95476

Property Details for 19080 Lomita Ave

Year built

1996

Construction

WOOD

Lot size

0.39 AC

Property size (Sq ft)

7,332 SF

Property type

Office properties

Property subtype

Office buildings

APN

127-153-023-000

APU

127153023000

Description

This exceptional commercial property, located at 19080 Lomita Avenue in Sonoma, California, presents a unique investment opportunity. The 11,032 square foot building, constructed in 1989 and renovated in 2018, sits on a 0.79-acre lot and boasts a 3.12 FAR. Currently configured as a single-tenant space, the building offers significant flexibility for various office uses, including traditional, executive, creative, or medical offices. The property features 38 parking spaces, a significant advantage in this desirable location. The building is a two-story Class B structure with 3,700 square feet currently vacant, providing immediate potential for expansion or lease income. Its central Sonoma location, just blocks from the Sonoma Plaza, offers easy access to amenities such as coffee shops, restaurants, and shopping, as well as convenient proximity to public transportation and San Francisco. The property is zoned C and has APN 127-153-011. The building is equipped with 240-volt power, but lacks elevators. This is a rare opportunity to acquire a well-maintained, versatile office building in a highly sought-after location within the heart of Sonoma. The property's strong location and flexible layout make it an ideal investment for both established businesses seeking expansion and new ventures looking to establish a presence in this thriving market. The ample parking further enhances its appeal.

• CAP approach

  CAP return

  Valuation

  6%

  $2,011,534

  6.5%

  $1,856,801

  7%

  $1,724,172

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,345,395

  Geo Method

  $1,046,863

• Alternative Use

  Use

  Valuation

  Residential

  $2,302,433

  Hospitality

  $2,109,016

  Educational

  $1,754,677

  Medical

  $1,815,023

  Retail

  $2,729,497

Location Insight

City

Sonoma

County

Sonoma

State

California

Latitude

38.3011

Longitude

-122.474

CBSA code

42220

CBSA name

SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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