Santa Rosa2208 Olivet Road

Santa Rosa, California, Sonoma County, 95401

$7,075,000
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Open House
Size
4,776 Sq Ft.
Interior
12.11 Acres
Exterior
Financial
$7,075,000
Change Currency
$1,481
Price / Sq. Ft.
Details
Commercial
Property type
1980
Year Built
Santa Rosa High
School District
324087339
Web Id
324087339
MLS ID

2208 Olivet Road

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.

Listing provided by Monica J Bugica at Compass

This Listing is for Sale .The listing status is Activelocated within Sonoma County

Amenities

  • Carpet

PROPERTY INFORMATION

Cooling
Ductless
Heating
Central, Ductless
Parking Description
Carport, Fenced, Lighted
Sewer
Septic System

EXTERIOR

Construction
Wood
Lot Description
Manual Sprinkler F&R

INTERIOR

Flooring
Carpet, Concrete, Linoleum

ADDITIONAL INFORMATION

Body of Water
Well
Number of Units
0
Contact Agent