2208 Olivet Road
Santa Rosa, CA, 95401
$7,075,000
Beds
0 Baths
4,776 SqFt
12.11 Acres
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.
Property Details
Price:
$7,075,000
MLS #:
324087339
Status:
Active
Baths:
0
Address:
2208 Olivet Road
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
santarosanorthwest
City:
Santa Rosa
State:
CA
Finished Sq Ft:
4,776
ZIP:
95401
Lot Size:
527,512 sqft / 12.11 acres (approx)
Year Built:
1980
Days on Market:
33
List Date:
Nov 18, 2024
Interior
C O M I N O O F
10
C O M I W R S Q
20000
Exterior
C O M I F O U N
Slab
C O M I L D E S
Manual Sprinkler F& R
C O M I N O B L
4
Financial
Map
All map details are google-generated and can contain errors. Lot lines and building locations are fuzzy. See Official plat maps for more accurate information.
Community
- Address2208 Olivet Road Santa Rosa CA
- AreaSanta Rosa-Northwest
- CitySanta Rosa
- CountySonoma
- Zip Code95401
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Copyright 2024, Bay Area Real Estate Information Services, Inc. All Rights Reserved. Listing courtesy of Monica Bugica at Compass
2208 Olivet Road
Santa Rosa, CA
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