Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    485 Pittman Rd Fairfield, CA 94534

    Sponsored
    For Sale
    $5,900,000

    Commercial Lot - Fairfield, CA

    Lot size:
    9.99 Acres
    Days on Market:
    353
    Last Refresh:
    Jan 23 at 7:06 pm

    Property Features for 485 Pittman Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0045-300-150
    Lot size
    9.99 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Sheila Oakes

    Realty One Group Fox (707) 448-6119

    Listing agent Sheila Oakes (707) 448-6119 License #01142228

    Listing date Feb 5, 2025

    MLS# 324045266 Listing URL

    Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Fairfield Commercial Lot Near I-80

    This almost 10-acre commercial lot is located in a busy area of Fairfield, California, right off I-80. The property is zoned for light industrial and commercial use, with potential for various construction projects. The City of Fairfield can provide information on allowable uses, which may include a restaurant, office complex, or auto repair shop. The surrounding area features businesses such as Denny's, coffee shops, fast food eateries, hotels, office buildings, and automotive services. Scandia miniature golf is also nearby. The property is located at 485 Pittman Road, Fairfield, CA 94534.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Solano
    State
    California
    Longitude
    -122.1317501
    Latitude
    38.215715

    Nearby Similar for Sale

    • $1,500,000
      0.09 Acres

      Fairfield, CA Business Opportunity

      Established buffet business and building for sale in Fairfield.
      834 Texas St, Fairfield, CA 94533
      View Details
    • $1,500,000
      4,000 SF

      Fairfield Retail Opportunity For Sale

      Established restaurant business and building for sale in Fairfield, CA.
      834 Texas St, Fairfield, CA 94533
      View Details
    • $699,000
      4,182 SF

      Fairfield Office Building For Sale

      Office building near Solano County Courthouse and downtown Fairfield.
      1100 Missouri St, Fairfield, CA 94533
      View Details
    • $260,000
      1,400 SF

      Fairfield Office Space For Sale

      Single-story office space with meeting room and parking.
      556 Parker Rd, Fairfield, CA 94533
      View Details
    • New
      $798,000
      0.85 Acres

      Fairfield Land For Sale

      Vacant land available in Fairfield, California.
      5315 Laurel Ridge Ct, Fairfield, CA 94534
      View Details
    • $22,000,000
      29,006 SF

      Auto Row Investment Opportunity

      Single tenant auto property with long-term lease in Fairfield, CA.
      2855 Auto Mall Pkwy, Fairfield, CA 94533
      View Details
    • $4,200,000

      Fully Leased Retail Shopping Center

      Fully leased retail center in a high-traffic commercial area.
      Fairfield, CA 94533
      View Details
    • $4,918,000
      2,189 SF

      New Starbucks with Double Drive-Thru

      New construction Starbucks with a 20-year corporate ground lease.
      2980 Travis Blvd, Fairfield, CA 94534
      View Details
    • $1,308,434
      9,383 SF

      Downtown Fairfield Retail Investment Opportunity

      Multi-tenant retail plaza in vibrant downtown Fairfield location for sale.
      945 Empire St, Fairfield, CA 94533
      View Details
    • $2,900,000

      New Drive-Through Restaurant For Sale

      New Raising Cane's drive-through restaurant for sale in Fairfield, California.
      1360 Travis Blvd, Fairfield, CA 94533
      View Details
    • $500,000
      2,178 SF

      Fairfield Office Condo For Sale

      Corner office condo with natural light and easy highway access.
      4765 Mangels Blvd, Fairfield, CA 94534
      View Details
    • $549,950
      1,286 SF

      Fairfield Office Building with Flexibility

      Office building with high traffic exposure and development potential.
      Texas St, Fairfield, CA 94533
      View Details

    FAQs

    What type of property is this?
    Commercial land - Almost 10-acre commercial lot near I-80 in Fairfield, CA.
    Where is this commercial land located?
    The property is located at 485 Pittman Rd Fairfield, CA.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: - Large 10-acre lot suitable for light industrial/commercial use.; - Prime location directly off I-80 in a high-traffic area.; - Close proximity to restaurants, hotels, office buildings, and other businesses.
    (707) 446-0600
    Request Owner's contact information
    485 Pittman Rd Fairfield, CA 94534
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    485 Pittman Rd
    Fairfield, CA 94534
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    485 Pittman Rd Fairfield, CA 94534
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sheila Oakes
    Real Estate License ID: 01142228
    (707) 446-0600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.