2015 Springs Rd, Vallejo, CA 94591
MULTI_FAMILY - Vallejo, CA
Property Features for 2015 Springs Rd
General Information
Utilities
Building Details
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Investment Insights
Based on property information with market context.
2015 Springs Rd in Vallejo, CA (Solano County) is served by public water and public sewer and features stucco construction with a composition roof. Interior improvements include updated baths and an updated kitchen.
Additional physical features include concrete flooring, forced air heating with central air conditioning, an entry gate, and appliances such as a dishwasher and disposal. The property was built in 1954.
Key Highlights
- Fully occupied two‑story building with a fully leased lounge/bar and beauty salon
- Two residential rental units upstairs
- 0.0782‑acre lot and 3,110 SF total building size
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $117.6k | $37.80 |
| − Vacancy | −$9.2k | −$2.95 |
| EGI | $108.4k | $34.85 |
| − OpEx | −$27.1k | −$8.71 |
| NOI | $81.3k | $26.14 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 94591, CA
Market
Vacancy Rate% for Multifamily in West region
Similar Off Market Nearby
- Gentleman Jim's — 1324 Lincoln Rd E, Vallejo, CA 94591
- Blue Rock Lounge — 2015 Springs Rd, Vallejo, CA 94591