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Property profile & analytics
FOR SALE
Retail space

23999 Arnold Dr Sonoma, CA 95476

6,144 SF 4.62 ac lot Built 1970
Trust Owned 28-yr Hold ~ Est. High Equity
Property ID
US09-1443437
Property summary
AI-generated overview

This exceptional Sonoma Valley property presents a unique investment opportunity encompassing two parcels totaling 10.02 acres. The main parcel, located at 23999 Arnold Drive, is designated for retail or commercial use, offering significant potential for development or redevelopment. The property has been held within the same family for over fifty years, reflecting its enduring value and desirability within the Sonoma Valley. The second parcel, situated at 160 Meadowlark Lane, is zoned for agricultural and residential use, adding further versatility to this expansive holding. The combined acreage provides ample space for a variety of uses, making it attractive to both investors seeking a substantial portfolio addition and owner-users looking to establish a significant presence in the thriving Sonoma market. The existing commercial structure at 23999 Arnold Drive presents opportunities for renovation, expansion, or repurposing, while the adjacent agricultural/residential parcel offers options for future development or continued use as is. This property's size, location, and zoning flexibility make it an exceptional investment opportunity in a highly sought-after area. The property's long history within a single family underscores its stability and potential for continued growth. Serious inquiries are encouraged to explore the full range of possibilities this remarkable property offers. The asking price is $5,950,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Construction TYPE NOT SPECIFIED
Total area 6,144 SF
Lot 4.62 ac (201,247 SF)
APN 128-485-012-000
UPID US09-1443437
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$865k
Comparable Approach Comparable
$609k
Blend (final) Blend
$745k
Owner & transaction history
Aslin Trust · 28 yrs held
Aslin Trust
since 1998
5 recorded transactions
2022
Price N/A
1998
Price N/A
1997
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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