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Railroad Ave & Asti Rd - Industrial Land Opportunity

48.97 Acres of Industrial Land Offered at $17,142,691 CAD in Cloverdale, CA 95425

Investment Highlights

  • Railroad Avenue Parcel: 31.12± Acres
  • One of the largest Industrial Land Opportunities in Sonoma County
  • Close Proximity to Highway 101
  • River Parcel: 17.85± Acres
  • Located in a Well-Established Industrial area of Central Cloverdale

Executive Summary

Two parcels totaling approximately 48.97-acres of land located centrally both within the City of Cloverdale and partially in the jurisdiction of Sonoma County. The Railroad Ave parcel has an extensive area previously used for industrial purposes and a portion of the land consisting of hillside areas. This parcel is both within the City of Cloverdale as well as in the County of Sonoma. The River parcel is in the County of Sonoma and has over 1,800 feet of river frontage.
• Railroad Ave Parcel: 31.12+/- Acres
• River Parcel: 17.85+/- Acres
• One of the largest Industrial Land Opportunities in Sonoma County
• General Industrial City of Cloverdale and M1 Light Industrial for the County of Sonoma
• Located in a Well-Established Industrial area of Central Cloverdale
• Close Proximity to Highway 101

Property Facts

Price $17,142,691 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 48.97 AC

1 Lot Available

Lot

Price $17,142,691 CAD
Price Per AC $350,065 CAD
Lot Size 48.97 AC

Description

The primary industrial site is partially improved with a gravel base on a portion of the site. Water is available at Asti Road. Gravity sewer service is not available; a private force main would have to be constructed and maintained by the property owner to obtain sewer service for the land within the city of Cloverdale. Sewer and water services for the land located in the County including the River parcel would need to be further investigated but would most likely invoke mandatory annexation into the City. An OUSA potentially includes encumbrances related to easement for a future public trail and a future public water reservoir (tank). Changes in use would be subject to approval by the City of Cloverdale. There are two hillside areas which could be explored for residential development. This is a well established industrial area located off Asti Road at the East Central area of Cloverdale and a short drive from downtown. The property is minutes away from beautiful Lake Sonoma and just up the street from the new master-planned river park featuring over seventy acres along the Russian River with picnic areas, hiking, biking, equestrian trails, boat launch facilities, and fishing access. Cloverdale is situated at the north end of the Alexander Valley and in the heart of California’s world-class wine region surrounded by many wineries and vineyards and is considered the “Gateway to the Redwoods.” It serves as a regional hub connecting Lake, Mendocino, Napa and Sonoma Counties and is the northern terminus for the “SMART” Train. It is the fastest growing city in Sonoma County and several new subdivisions representing over 1,000 new single-family homes have been either recently constructed or approved in this community.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 116-260-016
  • 001-221-006
Land Assessment
$1,412,374 CAD
Improvements Assessment
$11,333,976 CAD
Total Assessment
$12,746,350 CAD

zoning

Zoning Code IG & M1 (General Industrial City of Cloverdale & M1 Light Industrial for the County of Sonoma)
IG & M1 (General Industrial City of Cloverdale & M1 Light Industrial for the County of Sonoma)
  • Listing ID: 28195890

  • Date on Market: 2023-04-10

  • Last Updated:

  • Address: Railroad Ave & Asti Rd, Cloverdale, CA 95425

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