9711 State St Redwood Valley, CA 95470
- Residential income homes
- 12,932 SF
- 2.59 lot acres
Current Use by Public Records
- Arrow Fencing / Fence Contractor / Fence Supply Store
Property Details for 9711 State St
- Year built
- 2015
- Lot size
- 2.59 lot acres
- Property size
- 12,932 SF
- Property type
- Residential income homes
- Property subtype
- Flex space
- APN
- 162-100-68-00; 162-100-67-00
Description
This exceptional Redwood Valley, CA investment opportunity encompasses a diverse portfolio of four buildings on a 2.59-acre lot. The centerpiece is a custom-built, 8,000-square-foot commercial building, ideally suited for multiple businesses. This state-of-the-art structure boasts three 14-foot automatic roll-up doors, a 25-foot aircraft door, a 2,000-pound overhead crane, three-phase electric, floor outlets, motion-sensor lighting, and custom-pitched windows for optimal light and ventilation. The thoughtfully designed floor plan allows for two separate businesses to operate independently, each with dedicated parking. A large fenced parking and storage area complements the commercial space. Supplementing the commercial building are three residential rental units generating consistent income. One is a 1,056-square-foot manufactured home with impressive views and a covered porch. Another is an updated 816-square-foot, two-bedroom, one-bathroom unit with a covered porch and private fenced yard, including an attached garage used for commercial storage. The third is a larger, 3,060-square-foot cinder-block home featuring a metal roof, a unique floor plan, and a spacious fenced yard. Built in 2015 and renovated the same year, the entire property sits on a 2.59-acre lot zoned C2:12K, offering significant potential. The property includes 12,932 square feet of total space, with an asking price of $2,100,000, a price per square foot of $162.39, and a Net Operating Income (NOI) of $93,873, resulting in a 4.47% cap rate. Note that the NOI and cap rate are estimates, as the seller currently utilizes the commercial building. The sale is contingent upon the property selling with the business. Highway 101 exposure ensures high visibility and convenient access.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Redwood Valley
- County
- Mendocino
- State
- California
- Longitude
- -123.2409989
- Latitude
- 39.2714746
