Investment Opportunity!! 12.11 acre property located in the heart of Sonoma County. The property hosts a thriving grapevine nursery & well established vineyard support company, both of which are long-term tenants with 7-8 years remaining on their leases and an expressed willingness to extend. Their long-term leases provide a stable and reliable income stream with a NOI of $531,788+/-, generating a robust 7.5% cap rate based on actual numbers. Improvements include multiple green houses, Ag support structures, office spaces and equipment storage. There is a 3 bed, 2.5 bath approx 2100 sq home with RV storage and garage currently leased month to month to a solid tenant. Two wells with multiple storage tanks on site.
MLS #
BA324087339
MLS Source
Bay Area Real Estate Information Services, Inc.
Days on Site
33
# Buildings / # Units
4
Loading Facility
_14ftRollUpDoor
Parking Spaces
50
Present Use
Mixed, Other, Residential
Flooring
Carpet, Concrete, Linoleum
Cooling
Other
Heating
Central Forced Air, Other
Foundation
Concrete Perimeter and Slab
Sewer
Septic Tank
Water
Well
Zoning
LIA40
Listing Agent
Monica Bugica
Compass
License #: 02074627
Phone: (707) 608-8231
Co-Listing Agent
Anthony Ford
Compass
License #: 01406167
Phone: (707) 391-5950
# Buildings | # Leased Units | # Total Units |
---|---|---|
4 | – | – |
2208 Olivet Rd is a Commercial Sale in Santa Rosa, CA 95401. This 4,776 square foot property sits on a 12.11 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $7,075,000 and was built in 1980.
This address can also be written as 2208 Olivet Rd, Santa Rosa, CA 95401.©2024 Bay Area Real Estate Information Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bay Area Real Estate Information Services, Inc.
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This listing information is up-to-date as of November 18, 2024. For the most current information, please contact Monica Bugica, (707) 608-8231