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17541277
17541276

4019 Sebastopol Rd, Santa Rosa, CA 94583

GG
CA 00414569
SVN | MG Property Advisors, Inc.
Listed by SVN | MG Property Advisors, Inc.
$2,500,000
756 days on market
Updated 44 days ago

4019 Sebastopol Rd

Details
APN 035-063-006-000
Property Type Land
Sub Type Commercial
Lease Term 5
Lease Expiration 08/31/2028
Remaining Term 2.2
Rent Bumps Yes
Lease Options 1 x 5
Pro-Forma Cap Rate 5.07%
Pro-Forma NOI $126,792
Lot Size (SqFt) 174,240
Zoning CG / R18
Parking Spaces 70 per 1,000 sq ft
Ownership Fee Simple

Land | 174,240 SqFt

Marketing description

Introducing an exceptional opportunity to own DEVELOPMENT LAND WITH INCOME located at 4019 SEBASTOPOL RD, Santa Rosa, CA 94583. This property presents a unique blend of development potential and current income streams, making it a versatile investment for savvy buyers. Situated in a prime location in Santa Rosa, this property offers a strategic position for future development projects while generating income from existing sources. The land is ideal for various development possibilities, allowing investors to capitalize on the growing real estate market in the area. With a mix of development land and income-generating opportunities, this property is a rare find that combines the best of both worlds. Don't miss out on this chance to acquire a valuable asset with endless potential in a highly sought-after location. Contact us today to learn more about this exciting investment opportunity. Improved with 4 buildings totaling over 15,000 sq. feet of warehouse, retail and single family residential (used as office). The property is fully leased to 3 tenants. Community Bikes, a non profit charitable company operates a retail / repair service for bicycles, Parker Automotive and Franks Towing. Parker Automotive has a 5 year lease with rent annual rent bumps. Lease contains a lessor termination clause. Community Bikes and Franks Towing are both on month to month agreements. Community Bikes has been a tenant since 2008, Parker Automotive and Franks Towing since 2023. All buildings have been recently renovated with over $150,000 spent by owner to take care of all deferred maintenance, including electrical, plumbing, well system and septic system upgrades.

Investment highlights

  • level Lot Ready to Be Developed
  • Income While Developing Plans and Permits
  • Leases Contain Termination by Lessor Clauses
  • Ideal Affordable or Market Rate Housing Location
  • $169056 Annual Gross Income
  • Leases Contain Lessor Termination Clauses
  • Ideal Location for Affordable Housing
  • Close T Services, Public Transportation ETC

Possible Developments Include:

  • 29 Small Lot Subdivision of 3 Bedroom 2..5 Bathrooms Homes With Garage.
  • Student Housing Small Corner Retail
  • 75 Unit Multi Family or more

Listing Contacts

GG
CA 00414569
SVN | MG Property Advisors, Inc.
Listed by SVN | MG Property Advisors, Inc.

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