8479 East Rd - Flex FOR SALE


Redwood Valley, CA 95470
$2,500,000 USD
707-462-4000
8479 East Rd, Redwood Valley, CA for Sale
$2,500,000 USD
Flex - FOR SALE
1/36
null | 4.28% Cap Rate

8479 East Rd
Redwood Valley, CA 95470


HIGHLIGHTS

  • downtown Redwood Valley
  • Residential and Commercial
  • Vacant lot recently graded/developed
  • Possible assumable note

OVERVIEW

Large commercial complex in central Redwood Valley on 1.68 acres and potential for more development. Low vacancy rate! 4 residential apartments and 5 commercial tenants (7 office spaces downstairs) in the main building with 3 vacant offices upstairs. Also currently rented-- a detached 2,000sqft building and a large 8,000sqft open metal building with a large parking area. There is a recently developed approx. 1/4ac bare lot for future development needs. The 2in Redwood Valley water line services the property and a very large-capacity well is an asset. Possibility of buyer assuming the 5% note. Property is well maintained and a great investment. NOI and cap rate estimated due to recently developed lot and 3 offices vacant (deliberately) at this time.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

4.28%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8479 East Road

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Auto Repair, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

UTILITIES

Lighting, Gas, Water - City, Sewer - Septic Field, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.68

LAND SF

73,181

ZONING

C2:12K

APN/PARCEL ID

163-132-20-00

ASK ABOUT THIS PROPERTY

Karena JolleySelzer Realty RE/MAX GoldMore Info
707-462-4000

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Karena JolleySelzer Realty RE/MAX GoldMore Info
707-462-4000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.