723 Railroad AveWinters, CA 95694
- Manufacturing properties
- 2.13 AC
Property Details for 723 Railroad Ave
- Year built
- 1966
- Lot size
- 2.13 AC
- Zone code
- C-2
- Property type
- 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
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
Comparable in this City
Similar Nearby for Sale
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