High Density Mixed Use Development Sites 2 Land Properties Online Auction Sale Petaluma, CA
INVESTMENT HIGHLIGHTS
- These two development sites offer high-density zoning and easy access to major highways, large employment centers, and top-quality amenities.
- Nearby 101 Freeway provides exposure to over 107,000 daily vehicles, with connections to San Francisco in an hour and Santa Rosa in 25 mins.
- New developments will sit within 10 mins of lush golf courses, the Petaluma Village Premium Outlets, the Petaluma Marina, and Lucchesi Park.
- Placed within an existing mixed-use development set to house a 122-key hotel, sprawling residential neighborhoods, and 40+ acres of parks & trails.
- Supported by a 10-mile population of more than 186,000, with 39% currently renting their homes and 2024 household-segment spending exceeding $514m.
EXECUTIVE SUMMARY
JLL invites qualified investors and developers to discover a truly unique opportunity to acquire two-level parcels within an existing mixed-use development in Petaluma, California. Placed just steps apart, the two-lot portfolio allows for significant operational efficiencies for the development of new mixed-use residential, office, or retail space.
The first site spans 0.59 acres with frontage to both Caulfield Lane and Hopper Street, and the second site provides a total of 1.1 acres directly off the traffic circle and walkable pavilion that defines the center of the development. Zoned T-5 and T-6, the two highest-density designations, the lots allow for the creation of a wide variety of new mixed-use projects with larger blocks and wide sidewalks. Projects at either lot will benefit from robust daily brand exposure to the 101 Freeway, with more than 107,000 passing daily vehicles.
Positioned within the Caulfield Lane development, new projects at the subject lots will find themselves neighboring a variety of new or planned supporting projects. The area is set to be the home of a new senior living development with 40 acres of planned parks and trails, a 122-room Marriott Courtyard hotel, a townhome community with 44 units, and a quality residential community comprising 134 single-family homes that are already 95% sold out. A planned drawbridge crossing the Petaluma River will connect the development to Petaluma Boulevard and Downtown, which will draw heavy traffic as east and south neighborhood residents seek the more convenient crossing point.
Sitting within 10 minutes of the city’s largest employers, including Petaluma Valley Hospital, LabCon & Helena Plastics, and Lagunitas Brewing Company, there is rich potential for a new multifamily development catering to the area’s large commuter population. The surrounding 10 miles is home to more than 186,000 residents and a workforce of over 80,000, with more than 39% currently renting their homes. This growing population delivered consumer spending of more than $514 million on household segments during 2024.
Placed along the riverfront in East Petaluma, the land situates developments near many of Petaluma’s top opportunities for shopping and dining. The lots are within 10 minutes of household name retail locations, including Target, Planet Fitness, Harbor Freight Tools, Trader Joe’s, Sprouts Farmers Market, Petco, Starbucks, Panda Express, Five Guys, Chipotle, and more. The same area is also home to the Petaluma Village Premium Outlets, offering 60+ upscale retail outlet locations. The development is within a short drive of top recreation, including the Petaluma Marina, Lucchesi Park, the Petaluma Fairgrounds Speedway, and exceptional golfing at the Petaluma Golf Course and Rooster Run Golf Club.
Help shape the future of this luminous North Bay destination with the acquisition of these two high-density development sites on Caulfield Lane and Hopper Street. Please visit the data room and contact the JLL team to learn more about this incredible opportunity.
The first site spans 0.59 acres with frontage to both Caulfield Lane and Hopper Street, and the second site provides a total of 1.1 acres directly off the traffic circle and walkable pavilion that defines the center of the development. Zoned T-5 and T-6, the two highest-density designations, the lots allow for the creation of a wide variety of new mixed-use projects with larger blocks and wide sidewalks. Projects at either lot will benefit from robust daily brand exposure to the 101 Freeway, with more than 107,000 passing daily vehicles.
Positioned within the Caulfield Lane development, new projects at the subject lots will find themselves neighboring a variety of new or planned supporting projects. The area is set to be the home of a new senior living development with 40 acres of planned parks and trails, a 122-room Marriott Courtyard hotel, a townhome community with 44 units, and a quality residential community comprising 134 single-family homes that are already 95% sold out. A planned drawbridge crossing the Petaluma River will connect the development to Petaluma Boulevard and Downtown, which will draw heavy traffic as east and south neighborhood residents seek the more convenient crossing point.
Sitting within 10 minutes of the city’s largest employers, including Petaluma Valley Hospital, LabCon & Helena Plastics, and Lagunitas Brewing Company, there is rich potential for a new multifamily development catering to the area’s large commuter population. The surrounding 10 miles is home to more than 186,000 residents and a workforce of over 80,000, with more than 39% currently renting their homes. This growing population delivered consumer spending of more than $514 million on household segments during 2024.
Placed along the riverfront in East Petaluma, the land situates developments near many of Petaluma’s top opportunities for shopping and dining. The lots are within 10 minutes of household name retail locations, including Target, Planet Fitness, Harbor Freight Tools, Trader Joe’s, Sprouts Farmers Market, Petco, Starbucks, Panda Express, Five Guys, Chipotle, and more. The same area is also home to the Petaluma Village Premium Outlets, offering 60+ upscale retail outlet locations. The development is within a short drive of top recreation, including the Petaluma Marina, Lucchesi Park, the Petaluma Fairgrounds Speedway, and exceptional golfing at the Petaluma Golf Course and Rooster Run Golf Club.
Help shape the future of this luminous North Bay destination with the acquisition of these two high-density development sites on Caulfield Lane and Hopper Street. Please visit the data room and contact the JLL team to learn more about this incredible opportunity.
DATA ROOM Click Here to Access
- Operating and Financials
- Purchase Agreement
- Title and Insurance
PROPERTY FACTS
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Total Land Area | 1.70 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE |
|---|---|---|
| 1900 Caulfield Ln, Petaluma, CA 94954 | Land | 1.10 AC |
| Hopper St, Petaluma, CA 94952 | Land | 0.59 AC |
SALE ADVISOR
SALE ADVISOR
Tony Sarno, Vice President
(415) 299-6866
Contact
As Vice President, Tony Sarno provides real estate advisory and brokerage services to clients throughout the North Bay. Tony works alongside The Dowling-Bracco Team members Glen Dowling and Chris Neeb, covering the office and industrial markets of Sonoma and Marin Counties.
Tony has been involved in commercial real estate in and around the North Bay for the past 13 years. Prior to joining JLL, Tony spent a combined 9 years with Cushman & Wakefield Inc. and Keegan & Coppin. Prior to working at Keegan & Coppin, Tony spent 4 years as leasing manager for local developer and property manager Basin Street Properties, who’s holdings at that time consisted of in excess of 1 million square feet in the North Bay.
Tony has been instrumental in the sale of several significant office and industrial buildings in the San Francisco North Bay Area, totaling in excess of 1,000,000 square feet and $100,000,000.
Tony has been involved in commercial real estate in and around the North Bay for the past 13 years. Prior to joining JLL, Tony spent a combined 9 years with Cushman & Wakefield Inc. and Keegan & Coppin. Prior to working at Keegan & Coppin, Tony spent 4 years as leasing manager for local developer and property manager Basin Street Properties, who’s holdings at that time consisted of in excess of 1 million square feet in the North Bay.
Tony has been instrumental in the sale of several significant office and industrial buildings in the San Francisco North Bay Area, totaling in excess of 1,000,000 square feet and $100,000,000.
ABOUT THE AUCTION PLATFORM
Ten-X Commercial is the leading end-to-end digital transaction platform for commercial property. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
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AUCTION CONTACT
Amen Almukhtar
Contact
Auctioneer License:
Ten-X Jessica Figueroa RE Brkr 01937601. Ten-X Auction Surety Bond 106465786
