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17071 Hwy 116

1,008 SF Retail Building Guerneville, CA 95446 £282,597 (£280/SF) 4.80% Net Initial Yield

Investment Highlights

  • Highly visible
  • Lots of traffic
  • Highway frontage

Executive Summary

Prime location! Highly visible from highway. Great opportunity to own an income producing property right next to the Russian River. Not in flood area. Lease is month to month. Current tenant is paying $2250 which is below market rate. Potential upside return with projected cap rate is 7.4. Do not disturb tenant, call listing agent for details.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Retail
Building Size
1,008 SF
Year Built
1949
Price
£282,597
Price Per SF
£280
Net Initial Yield
4.80%
NOI
£13,565
Tenancy
Single
Number of Floors
1
Building FAR
0.18
Land Acres
0.13 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
071-200-052
Land Assessment
£55,491
Improvements Assessment
£141,370
Total Assessment
£196,861
  • Listing ID: 33993590

  • Date on Market: 30/09/2024

  • Last Updated:

  • Address: 17071 Hwy 116, Guerneville, CA 95446

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