2208 Olivet Road

Santa Rosa, CA 95401

$7,075,000
Price
Beds
4,776 Sq. Ft.
$1,481 / Sq. Ft.
4,776
Sq. Ft.
$1,481
per Sq. Ft.

Description

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 7.5% cap rate based on actual numbers. Improvements include multiple green houses, Ag support...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 7.5% 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.

Listing Agents

  1. Monica Bugica

    Monica Bugica

    Listing Agent

    Compass

    DRE #02074627

    monicabugica@compass.com

    P: (707)-608-8231

  2. Tony Ford

    Tony Ford

    Alternative Listing Agent

    Compass

    DRE #01406167

    tony.ford@compass.com

    P: (707)-391-5950

Property Details for 2208 Olivet Road

Zoning
LIA40
Cross Street
River Road
Total Parking Spaces
50
LISTING UPDATED: 11/18/2024 09:45 AM

Property Details for 2208 Olivet Road

StatusActive
MLS #324087339
Days on Compass3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1980
Lot Size12.11 AC / 527,511 SF
CountySonoma County
Compensation RemarksSellers open to discussion regarding buyer broker compensation.

Building Information for 2208 Olivet Road

Stories1Residences-Year Built1980Lot Size12.11 AC / 527,511 SF

Property Information for 2208 Olivet Road

Summary
Location and General Information
  • Area/District: Santa Rosa-Northwest
  • Area Short Display: B0100
  • Directions to Property: River Road or Piner to Olivet.
  • Area Long Display: Santa Rosa-Northwest
Taxes and HOA Information
  • APN: 057-030-065-000
Parking
  • Parking Features: Carport, Fenced, Lighted
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 4776.0
  • Square Footage Source: Assessor Auto-Fill
  • Year Built Source: Assessor Auto-Fill
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 527512.0
  • Lot Features: Manual Sprinkler F&R
  • Property Condition: Updated/Remodeled,Yard Gravel,Yard Paved
Property and Assessments
  • Security Features: Other
  • Current Use: Mixed Use, Residential, Other
  • Picture Count: 68
  • Property Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
  • Construction Materials: Wood
Utilities
  • Electric: 3 Phase, 440 Volts
  • Sewer: Septic System
  • Water Source: Well
  • Utilities: Internet Available, Separate Gas Meter
Interior and Exterior Features
Exterior Features
  • Foundation: Slab
  • Stories: 1
  • Levels: 1 Story
  • # of Floors: 0
Interior Features
  • Heating: Central, Ductless
  • Cooling: Ductless
  • Flooring: Carpet, Concrete, Linoleum
Multi Family
Income & Expenses
  • Income Includes: Rent

Property History for 2208 Olivet Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2208 Olivet Road

Taxable ValueLand$1,248,480Additions$1,456,560Total$2,705,040
Tax Record2024$32,049 ($2,671 / month)
Home Facts
Baths2.5Total Finished SqFt2,004 SqFtAbove Grade Finished SqFt2,004 SqFtStories1Lot Size527,511 SqFtStyleNurseryYear Built1980Year Renovated1981CountySONOMAAPN057-030-065-000Fireplace TypeHas Fireplace

Schools near 2208 Olivet Road

This home is within Piner-Olivet Union Elementary School District.
Rating
School
Type
Grades
Distance
Charter - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Olivet Elementary Charter School
CharterK to 6

Hilliard Comstock Middle School
Public7 to 8

Piner High School
Public9 to 12

Northwest Prep at Piner-Olivet School
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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2208 Olivet Road is a mixed use property for sale in Santa Rosa, CA 95401. This property was listed for sale on November 18, 2024 by Compass, it's currently listed at $7,075,000. It has been on the market for a total of 3 days and was last sold on April 13, 2022. This listing's school districts are Piner-Olivet Union Elementary School District, Santa Rosa High School District. Nearby schools include Olivet Elementary Charter School, Hilliard Comstock Middle School and Piner High School. 2208 Olivet Road is a 0-bed, 0-bath, 4,776 sqft mixed use property built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Monica Bugica, DRE #02074627; Compass, Tony Ford, DRE #01406167

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.