9800 Geysers Rd Cloverdale, CA 95425
- Commercial real estate
- 825.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 9800 Geysers Rd
- Lot size
- 825.00 lot acres
- Property type
- Commercial real estate
- APN
- 117-140-010, 117-220-029, 117-220-030 (portion)
Description
This expansive 825-acre property in Sonoma County, California, presents a unique investment opportunity. Located near Cloverdale (95425), with convenient access via Geysers Road, Pine Mountain Road, and US Highway 101, the land is zoned RRD B6 320 (Resource and Rural Development, B6 Combining Zone, 320 Acre Density) and features a significant existing geothermal power plant. The plant, which received a substantial investment in the early 1990s and further upgrades in 2013, offers substantial passive income potential. This green investment opportunity benefits from the growing demand for renewable energy sources and may qualify for preferred income tax credits. Minimal property management is required, making this an attractive option for passive investors seeking substantial returns. The property's APN is 117-140-010, 117-220-029, and a portion of 117-220-030. The asking price is $7,000,000. This exceptional land offers both recreational pursuits and the potential for significant long-term financial gains through its established geothermal infrastructure. The property's location provides easy access to major transportation routes, enhancing its overall appeal and investment potential. The existing geothermal plant represents a reliable source of baseload power, a key factor in the property's value and future prospects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cloverdale
- County
- Sonoma
- State
- California
- Longitude
- -122.8724466
- Latitude
- 38.8310567
