17071 Hwy 116
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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
Parcel Number | 071-200-052 | Improvements Assessment | £141,370 |
Land Assessment | £55,491 | Total Assessment | £196,861 |
PROPERTY TAXES
Parcel Number
071-200-052
Land Assessment
£55,491
Improvements Assessment
£141,370
Total Assessment
£196,861
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17071 Hwy 116
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