9701 State St, Redwood Valley, CA 95470
12,932 SF | 100% Leased | Flex Building | Redwood Valley, CA 95470 | $2,100,000 ($162/SF) | 4.47% Cap Rate
For Sale
Active
Asking Price $2,100,000
- Property Type
-
Industrial
- Price / Square Foot
- $162
Listing Contacts
- Property Info
Property Overview
9711 & 9701 N State Street is a large commercial property with 4 buildings-- 3 income residential rentals, and a newer state of the art 8,000sqft commercial shop which benefits from Hwy 101 exposure. Every thought and detail has gone into the construction of the commercial building, from the large open shop with 3 automatic 14ft roll up doors and the 25ft aircraft door, the 2,000lb overhead crane, 3 phase electric, floor outlets, motion light sensors, custom pitched windows for light/ventilation, and the designed floor plan to allow for 2 businesses to operate with their own parking. Large fenced parking & storage area. 3 residential rentals have provided reliable income through the years. The 2007 manufactured home is 1056sqft in size with impressive views and a covered porch. The 2nd home is an updated 2/1 816sqft with a covered porch and private fenced yard. Attached to the rental is a garage used for commercial storage. The 3rd rental is an older cinder-block home of 3,060sqft in size with a metal roof, a unique floor plan. and a large fenced yard. A truly remarkable property. NOI and Cap Rate is estimated due to seller using commercial building at this time. Contingent upon property selling with business.
Property Details
- Class
- B
- Year Built
- 2015
- Stories
- 1
- Property Subtype
- Flex, Manufacturing, Storefront Retail/Office, Warehouse, Office/Residential
- Lot Size (sq. ft)
- 135,036 SF
Highlights
- Large commercial property with 3 income rentals and a newer state of the art 8,000sqft commercial shop
- N State St frontage has Highway 101 visibility
- Commercial building designed for two separate tenants with own parking lot
- Large fenced rear yard for storage
- Occupancy: Low vacancy rate
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