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7450 Pitt School Road, Dixon, CA 95620

Commercial property

7450 Pitt School Road, Dixon, CA 95620 Sold January 2024 CRMLS
$662,500Sold January 2024

Listing Agent: Francisco Galdamez-Funes (DRE #02104960) · Listing Office: Keller Williams North Valley · Contact: 818-491-4500 · Bought with: Burhan Mehmood · Bay 1st Investment Inc. · MLS #SR23119069 · Source: CRMLS

10,268
Building Sq Ft
59,762 sqft
Lot Size
1948
Year Built
Commercial property
Type

About this commercial property

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. 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. Here are the other two properties: APN's 0109-120-060 & 0109-120-070

Listing description from the January 2024 sale, as reported to CRMLS.

Sale history

$662,500
Sold January 2024 · listed $950,000, orig. $999,000, on market July 2023 · MLS #SR23119069 · Source: CRMLS
Listing Agent: Francisco Galdamez-Funes · Listing Office: Keller Williams North Valley · Contact: 818-491-4500 · Bought with: Burhan Mehmood · Bay 1st Investment Inc.
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