Development Opportunity With Income

4019 Sebastopol Rd, Santa Rosa, CA

$2,500,000

Price

4.61%

Cap Rate

$115,200

NOI

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Overview
Cap Rate
4.61%
NOI
$115,200
Building Size
14,000 sqft
Lot Area
4 acres
Occupancy
100%
Units
4
Description

ALL CASH TO SELLER. PROPERTY WILL BE SOLD WITH TENANTS IN PLACE OR VACANT. PROPERTY IS ZONED FOR GENERAL COMMERCIAL AND HIGH DENSITY RESIDENTIAL. RECENT STUDY INDICATES THE PROPERTY IS SUITABLE FOR A SMALL LOT SUBDIVISION, MULTI FAMILY, STUDENT HOUSING. OR A MIXED USE DEVELOPMENT OF RETAIL AND RESIDENTIAL.

Nestled in the heart of Santa Rosa, CA, 4019 SEBASTOPOL RD offers developers a prime location in a bustling ind area of residential growth with access to key amenities. The property is conveniently situated near notable landmarks like the Luther Burbank Center for the Arts, providing cultural experiences for residents and visitors. The area is also home to a range of dining options such as Tex Wasabi's and Cooperage Brewing Company, offering excellent food and drink choices for gatherings and business outings. With its proximity to Highway 12 and Santa Rosa's bustling downtown hub, the location provides an attractive opportunity for residential / multi family developers / investors seeking a strategic foothold in this thriving market.

LEVEL LOT WITH 4 BUILDING . READY TO BE CLEARED AND DEVELOPED. FEASIBLE FOR MULTI FAMILY / SMALL LOT SUBDIVISION OF SINGLE FAMILY HOMES / STUDENT HOUSING CURRENT IMPROVEMENTS CONSISTS OF A 10,000 SQ. FT.
METAL WAREHOUSE, A SINGLE FAMILY 2 BDRM / 1.5 BATHROOM HOUSE AND TWO RETAIL BUILDINGS FRONTING SEBASTOPOL RD. ALL UNITS ARE RENTED.

P.G.&E.


78 FORM 35-061-17 PARCEL # CHANGE

P.G,.&E.

Highlights
  • - 14,000 SF building with 4 buildings
  • - Zoned CG / R18 for diverse development opportunities
  • - 100% occupancy with strong annual income
  • - Lease agreements include termination by lessor clauses
  • - Potential for small lot R-1 subdivision or multi-family development
  • - Prime location in the Santa Rosa area
  • - Level lot ready for development
  • - Annual income of $153,600 +
  • -Owner may carry financing / or do an equity deal with qualified developer
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