1209 Tennessee, Vallejo, CA 94590
Adaptable office or residential space in a central location.
- Added:
- Nov 12, 2024
- Days on Market:
- 593
- Last Refresh:
- Apr 5 at 9:13 pm
Property Features for 1209 Tennessee
General Information
- Standard status
- Active
- Size
- 1,678 SF
- Lot size
- 0.11 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1932
Listing office UTOPIA REAL ESTATE 5321111
Listing date Nov 12, 2024
Source Corcoran
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 UTOPIA REAL ESTATE
HighLights
- Prime location in the heart of the city
- Flexible use: adaptable for office or residential purposes
- One‑car garage and ample parking
- Investment or owner‑user opportunity
- Close proximity to amenities
- Building built in 1932
Overview
Local Financial Insights For Office B
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 | $63.4k | $37.80 |
| − Vacancy | −$11.5k | −$6.88 |
| EGI | $51.9k | $30.92 |
| − OpEx | −$13.0k | −$7.73 |
| NOI | $38.9k | $23.19 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Vallejo
- County
- Solano
- State
- California
- Longitude
- -122.242
- Latitude
- 38.1096
