For Sale
$2,500,000

4019 Sebastopol Rd San Ramon, CA 94583

Income-producing land, development potential

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional investment opportunity: $2.5M asking price for 174,240 sq ft of commercial land in Santa Rosa, CA (APN: 035-063-006-000). This level lot is zoned CG/R18 and offers immediate income from existing leases totaling $153,600 annually. Currently improved with four buildings (over 15,000 sq ft) housing a mix of warehouse, retail, and residential space (used as office), fully leased to three tenants. Parker Automotive holds a 5-year lease with annual rent increases and a lessor termination clause. Community Bikes (tenant since 2008) and Franks Towing (tenant since 2023) are on month-to-month agreements. Recent renovations exceeding $150,000 addressed deferred maintenance, including electrical, plumbing, well, and septic systems. The property's location is ideal for various development projects, including affordable or market-rate housing, student housing, or small retail, with potential for a 29-lot subdivision. Lease options include a 1 x 5 year extension. Parking is provided at a rate of 70 spaces per 1,000 sq ft. This property presents a unique blend of immediate income and significant long-term development potential in a prime Santa Rosa location. The land value is $14.35/SF.

Highlights

  • Level lot ready for development.
  • Existing income stream while pursuing development approvals.
  • Leases contain lessor termination clauses.
  • Excellent location for affordable or market-rate housing.
  • $153,600 annual income from existing tenants.
  • Four buildings totaling over 15,000 square feet of warehouse, retail, and office space, fully leased.

Property Details for 4019 Sebastopol Rd

Property type
Land

Location Insight

City
San Ramon
County
Sonoma
State
California
Latitude
37.7624642
Longitude
-121.9814354

FAQs

What type of property is this?
Land - Income-producing land, development potential
Where is the land located?
The property is located at 4019 Sebastopol Rd San Ramon, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Level lot ready for development.; Existing income stream while pursuing development approvals.; Leases contain lessor termination clauses.
How can I contact the broker?
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4019 Sebastopol Rd
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