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Listed by Monica J Bugica • Compass • 01406167 • 01406167 • Compass
Tony Ford • 01406167 • Compass
Tony Ford • 01406167 • Compass
$ 6,000,000
Est. payment | /mo
4,776 SqFt
$ 6,000,000
Est. payment | /mo
4,776 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,776 sqft
Price per Sqft $1,256
MLS Listing ID 324087339
Construction Status Updated/Remodeled,Yard Gravel,Yard Paved
HOA Y/N No
Year Built 1980
Lot Size 12 Sqft
Property Sub-Type Mixed Use
Property Description
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 8.9% 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.
Location
State CA
County Sonoma
Area Santa Rosa-Northwest
Zoning LIA40
Interior
Heating Central, Ductless
Cooling Ductless
Flooring Carpet, Concrete, Linoleum
Exterior
Garage Spaces 50.0
Utilities Available Internet Available, Separate Gas Meter
Building
Lot Description Manual Sprinkler F&R
Story 1
Foundation Slab
Sewer Septic System
Water Well
Level or Stories 1
Construction Status Updated/Remodeled,Yard Gravel,Yard Paved
Others
Special Listing Condition Offer As Is
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Shari Lorenz
Lic# 01468549