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    7450 Pitt School Road

    Dixon, CA 95620
    • $950,000
    • STATUS: Active
    • ON SITE: 80 days
    • ID#: SR20234115
    Price Reduced
    UPDATED: 56 min ago
    $950,000
    • 0
      BEDS
    • N/A
      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 CRISNet MLS as of 2021-01-25T13:56:11.027. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-01-25T13:56:11.027. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.thepayabgroup.com/homes/111652081
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    7450 Pitt School Road Dixon, CA 95620

    • Price: $950,000
    • Status: Active
    • Updated: 56 min ago
    • ID#: SR20234115
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    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

    Fence YN Yes Fencing Privacy

    Property Features

    Additional Parcels YN Yes Building Status Existing Laundry Features None Property Sub Type Mixed Use Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of Francisco Galdamez-Funes, CA DRE# , of Century 21 Plaza.


    Based on information from CRISNet MLS as of 2021-01-25T13:56:11.027. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-01-25T13:56:11.027. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    The Payab Group/Berkshire Hathaway HomeServices California Properties
    16810 Ventura Blvd.
    Encino CA, 91436