2200 Gravenstein Hwy Sebastopol, CA 95472
- Retail residential properties
- 1,840 SF
- 9.12 lot acres
Current Use by Public Records
- Midgley's Country Flea Market / Flea Market
Property Details for 2200 Gravenstein Hwy
- Year built
- 1947
- Construction
- WOOD
- Lot size
- 9.12 lot acres
- Property size
- 1,840 SF
- Property type
- Retail residential properties
- APN
- 063-052-001-000
- APU
- 63052001000
Description
This exceptional 17.88-acre commercial property in Sebastopol, California, presents a rare investment opportunity. Located on Gravenstein Highway South, between Highway 101 and downtown Sebastopol, this highly visible site boasts an average daily traffic count of 18,000 vehicles. The property, comprised of three parcels (two zoned Limited Commercial (LC) and one rural residential), offers significant development potential. The two LC-zoned parcels total 14.13 acres, allowing for a variety of commercial uses. The additional 3.72-acre rural residential parcel adds versatility. Currently featuring two existing buildings, the land is serviced by a well and septic system. The asking price is $4,600,000, translating to $5.97 per square foot. This property's location on a major thoroughfare, combined with its size and zoning, makes it ideal for retail development or a mixed-use project, such as mini-storage combined with other commercial uses. The seller is motivated and willing to work with the buyer to facilitate a smooth transaction. This is a unique chance to acquire a substantial commercial land holding in a desirable Sonoma County location, where opportunities of this scale are increasingly scarce. The APN numbers are 063-052-001 and 012. Further details on permitted uses can be found via the Sonoma County municipal code website.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $295,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $350,000
- 6.5%
- $325,000
- 7%
- $300,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $393,000
- AI Estimate
- $266,000
Market price range: $393k - $1.24MMarket price range: $267k - $541k
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Location Insight
- Map
- Local Demand
- City
- Sebastopol
- County
- Sonoma
- State
- California
- Longitude
- -122.8
- Latitude
- 38.3789
- CBSA code
- 42220
- CBSA name
- SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA