23999 Arnold Dr Sonoma, CA 95476
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.