2208 Olivet Road, Santa Rosa, CA 95401 (MLS # 324087339)
Twitter
Facebook
Email
|
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.
| LAST UPDATED | 1/6/2025 | YEAR BUILT | 1980 |
|---|---|---|---|
| COMMUNITY | Santa Rosa-Northwest | COUNTY | Sonoma |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Jan 6, '25 | $7,075,000 |
|---|---|
| Jan 6, '25 - Today | $6,000,000 |
| ADDITIONAL DETAILS | |
| AREA | Santa Rosa-Northwest |
|---|---|
| BATHS PARTIAL | 0 |
| CONSTRUCTION | Wood Siding |
| HEAT | Central |
| LISTING TYPE | Sale |
| LOT | 12.11 acre(s) |
| SEWER | Septic Tank |
| STORIES | 1 |
| WATER | Well, Private |
| ZONING | LIA40 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Emily
Sullivan to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Monica J Bugica, Compass
Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.
This IDX solution is (c) Diverse Solutions 2025.