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Investment Highlights
- Rare 1.33± acre infill site in central Santa Rosa, just east of the SMART Rail line and north of Highway 12.
- Existing improvements and $4,500/month in-place income provide interim cash flow during entitlement.
- MMU zoning with FAR 4 allows over 200,000 SF of potential mixed-use development.
Executive Summary
109 – 187 Chestnut St - Prime Infill Development Opportunity
Santa Rosa Rare infill opportunity featuring an existing improved yard with and office and shop, centrally located in Santa Rosa just East of the SMART Rail line and north of the Highway 12 overpass.
The property is situated within an established industrial pocket that has been rezoned to Maker Mixed Use (MMU), allowing a flexible blend of light industrial, creative, and residential uses. The offering consists of three separate parcels totaling approximately 1.33+/- acres. Development potential is governed by Floor Area Ratio (FAR), with an allowed FAR of 4, supporting a potential buildout of over 200,000 square feet. Existing improvements total approximately 4,456 square feet, and the property is currently leased to a towing operator at $4,500 per month, providing interim income while planning for future redevelopment.
The site is fully served by city water and sewer, with PG&E utilities in place. The property has been undergoing environmental remediation; interested parties should contact the listing broker for current environmental status and available documentation. This is a compelling opportunity for developers, owner-users, or long-term investors seeking significant upside through higher-density mixed-use development, with the ability to generate short-term income while entitling and planning a future project.
Santa Rosa Rare infill opportunity featuring an existing improved yard with and office and shop, centrally located in Santa Rosa just East of the SMART Rail line and north of the Highway 12 overpass.
The property is situated within an established industrial pocket that has been rezoned to Maker Mixed Use (MMU), allowing a flexible blend of light industrial, creative, and residential uses. The offering consists of three separate parcels totaling approximately 1.33+/- acres. Development potential is governed by Floor Area Ratio (FAR), with an allowed FAR of 4, supporting a potential buildout of over 200,000 square feet. Existing improvements total approximately 4,456 square feet, and the property is currently leased to a towing operator at $4,500 per month, providing interim income while planning for future redevelopment.
The site is fully served by city water and sewer, with PG&E utilities in place. The property has been undergoing environmental remediation; interested parties should contact the listing broker for current environmental status and available documentation. This is a compelling opportunity for developers, owner-users, or long-term investors seeking significant upside through higher-density mixed-use development, with the ability to generate short-term income while entitling and planning a future project.
Property Facts
| Price | $1,200,000 | Lot Size | 1.33 AC |
| Price Per SF | $269.30 | Rentable Building Area | 4,456 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1955 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Zoning | IL - Light Industrial | ||
| Price | $1,200,000 |
| Price Per SF | $269.30 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.33 AC |
| Rentable Building Area | 4,456 SF |
| No. Stories | 1 |
| Year Built | 1955 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | IL - Light Industrial |
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Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (74)
Property Taxes
| Parcel Number | 010-184-025 | Improvements Assessment | $0 |
| Land Assessment | $153,516 | Total Assessment | $153,516 |
Property Taxes
Parcel Number
010-184-025
Land Assessment
$153,516
Improvements Assessment
$0
Total Assessment
$153,516
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