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:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ginger Martin shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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