Active
2208 Olivet Rd
Santa Rosa CA, 95401
$6,000,000
$1,256.28 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 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.
324087339
MLSⓇ ID
November 18, 2024
Listed
February 21, 2025
Updated
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
Security
Other
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
Utilities
Internet Available, Separate Gas Meter
Listing History
Date | Event | Price |
---|---|---|
1/6/2025 | Price change | $6,000,000 -16% |
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 Elena Barbagelata | DRE #01912975 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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