Office Condominium with 4
For Sale
$458,500
1090 Adams St #L, Benicia, CA 94510
A reception area complements the four private offices in this professional workspace.
Property Size1,036 SF
Price / SF$442.57
Days on Market55
Property Features for 1090 Adams St #L
General Information
Standard status
Active
Size
1,036 SF
Additional Details
Office Units
1
Property Use
Office
Building Details
Year Built
1985
Listing Agency:
Coldwell Banker Solano Pacific
Listed By:
Todd O Willis
(707) 333-1357
Source:
Somorealty
Added: Sep 9
Changed: Nov 1
Last Checked: Nov 1 at 3:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Solano Pacific
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Investment Insights
Based on property information with market context.
This office condominium contains 1,036 square feet, with four private offices arranged around an entry and reception area. The building dates to 1985.
The property is located at 1090 Adams St #L in Benicia, California.
The property is located at 1090 Adams St #L in Benicia, California.
Key Highlights
- Four private offices
- 1,036‑square‑foot office condominium
- Entry and reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,333
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,660
$346.7K
Cap Rate 7%
$247,614
$247.6K
Cap Rate 9%
$192,589
$192.6K
Market Conditions
NOI Build-Up for 1,036 SF
Gross rent
$27.4K $26.40/SF
− Vacancy
−$4.2K −$4.09/SF
EGI
$23.1K $22.31/SF
− OpEx
−$5.8K −$5.58/SF
NOI
$17.3K $16.73/SF
Area
Solano County, CA
Vacancy
15.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,660
Cap Rate 7%
$247,614
Cap Rate 9%
$192,589
Alternative Uses
Best Use
Office B
$247.6K
$216.7K – $288.9K
NOI $17,333 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$345.7K
$302.5K – $403.3K
NOI $24,200 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Explore this area
Business Placement
Demographics for 94510, CA
27,174
Population
11,463
Households
2.4
Avg Household Size
46
Median Age
46%
College-Educated
96%
High-School Grad
29.2 sq mi
ZIP Area
931
Density / Sq Mi
$125,222
Median Household Income
$70,569
Median Earnings
$2,234
Median Rent
$778,900
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A reception area complements the four private offices in this professional workspace.
Where is this office unit located?
The property is located at 1090 Adams St #L Benicia, CA.
What is the asking price?
The asking price for this property is $458,500.
What are key features of this property?
This property features: Four private offices; 1,036‑square‑foot office condominium; Entry and reception area
