7+ ACRE DEVELOPMENT TRACT in SONOMA COUNTY
Sells Regardless of Price to High Bidder
Onsite Auction with Live Webcast Bidding
Tuesday, December 17th at 10 am PT
7.17 acre tract with 631 feet of frontage on Gravenstein Highway and 474’ on Alder Avenue, plus adjoining .65 acre site. Located less than 5 minutes from the new Graton casino, in Cotati Commons, a mixed use development at NW quadrant of US 101 and Gravenstein Highway, adjoining Lowes.
The 7+ acre site (APN 144-050-009) has entitlements for commercial and residential development, and the .65 acre landlocked site (APN 046-286-021) is dedicated for park/ open space benefitting the adjoining Cotati Cottages townhome development. Site plan calls for 43 residential lots and 3 commercial buildings. Both parcels are subject to the South Sonoma Business Park Assessment District (SSBPAD), which results in assessments of almost 90% of the total annual tax bill. There are a number of conditions imposed by Caltrans, the city of Cotati, and the SSBPAD which must be met in order to develop the property.
Address: Gravenstein Hwy east of Alder Avenue, Cotati, CA 94931
Local Contact: Megan Lopresti, (775)
Inspection: Inspect at Any Time