43 Middle Rincon Rd Santa Rosa, CA 95409
- Grocery and convenience stores
- 2,400 SF
- 1.27 lot acres
Current Use by Public Records
- Redbox / Movie Rental Kiosk / Dvd Store
- 7-Eleven / Convenience Store
- Citibank ATM / Atm
- Amazon Locker - Baste / Mailing Service / E-Commerce Service
- Western Union / Money Transfer Service
Property Details for 43 Middle Rincon Rd
- Year built
- 1968
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.27 lot acres
- Property size
- 2,400 SF
- Property type
- Grocery and convenience stores
- APN
- 182-540-024-000
- APU
- 182540024000
Description
This exceptional 5.35-acre property located at 43 Middle Rincon Road, Santa Rosa, CA 95409, presents a unique investment opportunity. The site boasts a substantial 233,046 square foot area and benefits from dual zoning designations: CG (General Commercial) and R-1-6 (Low Density Residential). This allows for flexible development options, including a blend of commercial and multifamily uses, subject to a minor use permit process. Approximately 2.63 acres are zoned CG, permitting up to 30 units per acre with a 55-foot height limit (with a minor use permit). The remaining approximately 2.72 acres are zoned R-1-6, allowing for a maximum of 8 units per acre with a 35-foot height limit (with a minor use permit). The property enjoys high visibility and accessibility, with frontage on both Sonoma Highway and Middle Rincon Road, ensuring excellent exposure to high traffic volumes. The strong demographics of the area further enhance its development potential. Four schools are conveniently located within 1.2 miles of the property, adding to its appeal. This is an ideal location for a townhouse or multifamily development, or a combination of both with a commercial component.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,770,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,700,000
- 6.5%
- $4,690,000
- 7%
- $4,850,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,960,000
- Geo Method
- $5,060,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,320,000
- Retail
- $4,290,000
- Mixed-Use
- $4,845,000
- Hospitality
- $5,580,000
- Educational
- $4,790,000
- Residential Income
- $4,160,000
- Energy
- $4,175,000
- Income-Based Land
- $4,350,000
- Food Service
- $4,420,000
Location Insight
- Map
- Local Demand
- City
- Santa Rosa
- County
- Sonoma
- State
- California
- Longitude
- -122.666
- Latitude
- 38.4648
- CBSA code
- 42220
- CBSA name
- SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA