Active
2208 Olivet Rd
Santa Rosa CA, 95401
$7,075,000
$1,481.37 per sqft
Active
4,776 sqft
Commercial
Built in 1980
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.
324087339
MLSⓇ ID
November 18, 2024
Listed
November 22, 2024
Updated
Map
2208 Olivet Rd
Santa Rosa CA, 95401
Interior Features
Total Stories
1
Floor Description
Carpet, Concrete, Linoleum
Fireplace
No
Cooling
Yes
Cooling Description
Ductless
Heating
Yes
Heating Description
Central, Ductless
Exterior/Building Features
Lot Size
12.11 Acres
Exterior Features
Manual Sprinkler FR
Lot Features
Manual Sprinkler FR
Sewer
Septic System
Other Property Details
Area Name
Santa Rosa-Northwest
Garage
No
Parking
Carport, Fenced, Lighted
Parking Total
50
View
No
County
Sonoma
Water Source
Well
Pool
No
Listed by Monica J Bugica (02074627) with Compass
Listing Contact:
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