7489 Pitt School Rd
Dixon, CA 95620
Dixon Commercial Property · Land For Sale
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1.37 AC
Investment Highlights
- 3 APN's in 1 Property
- A Junk Yard company leasing the majority of the property, and 2 Cellular towers also leasing part of the real estate, bringing additional income.
- A total of around 60,000 sqft Lot
Property Facts
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 $3,300 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 bring in currently an additional $6,000 a month. One Tower 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 OWNER STILL IS RECEIVING THE LEASE FROM THE TOWERS UNTIL 2037, IN WHICH IT WILL BE TRANSFERED TO THE NEW OWNER.
Property Taxes
| Parcel Numbers | Improvements Assessment | $204,000 | |
| Land Assessment | $471,240 | Total Assessment | $675,240 |
Property Taxes
