723 Railroad AveWinters, CA 95694

  • Industrial properties
  • 2.13 AC
For Sale
$1,995,000 View listing

Property Details for 723 Railroad Ave

Year built
1966
Lot size
2.13 AC
Zone code
C-2
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
003-322-020-000
APU
3322020000

Description

This exceptional 26,793-square-foot flex space, situated on a 2.13-acre lot in Winters, California, presents a compelling owner-user or investment opportunity. The property, built in 1968 and extensively renovated in 2017, boasts a 12-foot ceiling height, twelve dock-high doors, and four drive-in doors, providing ample loading and storage capabilities. The building currently features three units with 30.71% occupancy, including approximately 6,860 square feet leased to Patio 29 Spirits Company through 2027. This provides a stable income stream while offering significant upside potential through lease-up of the remaining space. The open floor plan allows for easy division into smaller bays (approximately 1,200 to 2,500 square feet), maximizing rental income and diversifying risk. Recent capital improvements include a new foam roof, a new fire sprinkler system, a new 800-amp electrical system, and a new high-capacity gas line. The property is zoned D-B and includes approximately 12,375 square feet of basement space. Located in the heart of Winters, a rapidly growing suburb near Davis and Vacaville, this property benefits from its prime location in a thriving community and offers the rare chance to acquire a high-quality asset with immediate upside potential through lease-up and potential redevelopment. The asking price is $1,995,000, with a price per square foot of $74.46 and a price per unit of $665,000. The property's address is 723 Railroad Avenue, Winters, CA 95694, APN 003-322-020-000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $19,139,536
    Hospitality
    $17,531,712
    Educational
    $14,586,179
    Medical
    $15,087,820
    Retail
    $22,689,612
723 Railroad Ave, Winters, California

Location Insight

City
Winters
County
Yolo
State
California
Latitude
38.5271
Longitude
-121.97
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,463
$817,188
$701,898
$1,519,086
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