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7450 Pitt School Road

Dixon, CA 95620
  • $950,000
  • STATUS: Active
  • ON SITE: 261 days
  • ID#: SR20234115
UPDATED: 41 min ago
$950,000
  • 0
    BEDS
  • 1.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,268
    SQFT
  • $93
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1976
County:

School Ratings & Info

Description

3 PROPERTIES IN 1!!! Great Commercial Investment Opportunity in Dixon CA!!! 35 minutes away from the State Capital, Sacramento CA. This property has 3 different addresses, and 3 different APN's, with a combined lot size of around 60,000 sqft, and 10,268 sqft of living area according to title. There is a Junk Yard business leasing part of it for $3,000 a month. A side from that, the original owners leased certain real property, together with access and utility easements, to 2 Cellular Tower Companies, which could bring in an additional $4,000 a month, once the Both Tower leases tranfer to new Owner. One Tower lease contract ends until 2055, and the other ends until 2038. At the conclusion of the existing lease terms, both cellular tower companies have the option of automatically extending and renewing the lease contract, with one cellular company increasing their lease by 15% every 5 years. PLEASE NOTE THAT THE ORIGINAL PREVIOUS OWNER STILL HAS RIGHTS TO RECEIVE THE LEASE FROM BOTH TOWERS UNTIL 2037, IN WHICH IT WILL BE TRANSFERED TO THE NEW OWNER.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-25T20:24:27.347. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
www.therealestategirl.com/homes/111652563
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7450 Pitt School Road Dixon, CA 95620

  • Price: $950,000
  • Status: Active
  • Updated: 41 min ago
  • ID#: SR20234115
0
Beds
0
Baths
0
½ Baths
1.37
Acres
10,268
SQFT
$93
$/SQFT
1976
Built
Neighborhood:
699 - Not Defined
County:
Solano
Area:
699 - Not Defined
Property Description
3 PROPERTIES IN 1!!! Great Commercial Investment Opportunity in Dixon CA!!! 35 minutes away from the State Capital, Sacramento CA. This property has 3 different addresses, and 3 different APN's, with a combined lot size of around 60,000 sqft, and 10,268 sqft of living area according to title. There is a Junk Yard business leasing part of it for $3,000 a month. A side from that, the original owners leased certain real property, together with access and utility easements, to 2 Cellular Tower Companies, which could bring in an additional $4,000 a month, once the Both Tower leases tranfer to new Owner. One Tower lease contract ends until 2055, and the other ends until 2038. At the conclusion of the existing lease terms, both cellular tower companies have the option of automatically extending and renewing the lease contract, with one cellular company increasing their lease by 15% every 5 years. PLEASE NOTE THAT THE ORIGINAL PREVIOUS OWNER STILL HAS RIGHTS TO RECEIVE THE LEASE FROM BOTH TOWERS UNTIL 2037, IN WHICH IT WILL BE TRANSFERED TO THE NEW OWNER.
Exterior Features

Fencing Privacy Lot Features 2-5 Units/Acre

Property Features

Additional Parcels YN Yes Common Interest None Laundry Features None Listing Agreement Exclusive Right To Sell Listing Terms Submit Property Sub Type Mixed Use Special Listing Conditions Standard Water Source Public

Listing provided courtesy of Francisco Galdamez-Funes of Century 21 Plaza


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-25T20:24:27.347. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
 
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