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:  

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