Santero Way - Cotati Station Apartments 2.42 Acres of Residential Land Offered at $6,000,000 in Cotati, CA 94931

Marcus & Millichap is pleased to present Cotati Station – Phase I, a transit-oriented multifamily development opportunity adjacent to the Cotati SMART Station in Sonoma County. Situated on approximately 2.9± acres, the Property benefits from substantial planning and pre-development work, including a comprehensive update to the Santero Way Specific Plan. The City of Cotati and its officials have demonstrated strong support for residential development of the site, providing a solid foundation for a developer to establish a final development plan.
Phase I offers the potential for approximately 150 to 175 multifamily units, depending on the development program selected. While the zoning update is complete, the site provides a developer and its design team with the opportunity to create a project submittal that addresses site configuration, density, unit mix, parking, and overall project design. Importantly, the City has expressed a strong desire to see this prominent gateway site developed and is aggressively pursuing qualified developers capable of advancing the opportunity.
Adjacent to the Cotati SMART Station and less than one mile from Sonoma State University, the Property offers strong regional connectivity and access to major employment, education, shopping, and dining throughout Sonoma and Marin Counties.
Future Phase II Expansion Opportunity. The adjoining Phase II parcel, as depicted on the "site location" (page 9) provides the potential for approximately 150 additional multifamily units, creating the opportunity for a larger residential community over time. Phase I can be developed independently, while Phase II provides long-term upside through future expansion as market conditions warrant.
Cotati is an incorporated city in Sonoma County, located approximately 45 miles north of San Francisco along the Highway 101 corridor between Rohnert Park and Petaluma. Often considered the geographic hub of Sonoma County, the city combines small-town character with excellent regional connectivity. Home to approximately 7,000 residents and located less than one mile from Sonoma State University, Cotati continues to encourage thoughtful economic development while preserving its unique community character. Sonoma County is renowned for its mild climate, rugged Pacific coastline, towering redwood forests, more than 400 wineries, and over 50 regional parks offering extensive hiking and cycling opportunities.