Live-Work Space with Roll-Up
For Sale
$749,000
124 S Porter Road, Dixon, CA 95620
Well-maintained live-work property with an ADA restroom, dedicated office space, and a newly installed dual-zone HVAC system.
Property Size2,748 SF
Price / SF$272.56
Days on Market29
Property Features for 124 S Porter Road
General Information
Standard status
Active
Size
2,748 SF
Amenities
ADA accessibility
secure wrought iron and brick perimeter fencing
Central Air
Central
Building Details
Building Size
2,748 SF
Year Built
1992
Buildings
1
Stories
2
Listing Agency:
MCGUIRE REAL ESTATE
(707) 580-5042
Listed By:
Justin B. Anselmo
(707) 580-5042
Source:
Evrealestate
Added: Jul 27
Changed: Aug 23
Last Checked: Aug 22 at 8:55AM
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 MCGUIRE REAL ESTATE
Investment Insights
Based on property information with market context.
Position your business or investment near downtown Dixon with this exceptionally maintained commercial live-work property offering approximately 2,748 square feet of versatile space. The main level features an open, light-filled commercial floor plan with expansive windows, 10' roll up doors, soaring ceilings, recessed LED lighting, a private office, and an ADA compliant restroom. The flexible layout can support a range of commercial uses.
Upstairs, the condo-style suite adds an additional, functional environment for executive offices, conference space, live-work flexibility, or other uses requiring a second level. The upper level includes a full kitchen with a refrigerator and dishwasher, a dedicated laundry room with gas and electric hookups, and generous living or office space. The property includes ADA accessibility and secure wrought iron and brick perimeter fencing.
Recent improvements include a brand-new dual zone HVAC system providing climate control throughout the building. Built in 1992, the interior can be customized by a new owner with their choice of paint colors and commercial flooring finishes.
Upstairs, the condo-style suite adds an additional, functional environment for executive offices, conference space, live-work flexibility, or other uses requiring a second level. The upper level includes a full kitchen with a refrigerator and dishwasher, a dedicated laundry room with gas and electric hookups, and generous living or office space. The property includes ADA accessibility and secure wrought iron and brick perimeter fencing.
Recent improvements include a brand-new dual zone HVAC system providing climate control throughout the building. Built in 1992, the interior can be customized by a new owner with their choice of paint colors and commercial flooring finishes.
Key Highlights
- Approximately 2,748 square feet of live‑work and commercial space in Dixon, CA
- Main level with expansive windows, soaring ceilings, recessed LED lighting, and 10' roll up doors
- ADA compliant restroom plus ADA accessibility throughout the property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,977
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$919,540
$919.5K
Cap Rate 7%
$656,814
$656.8K
Cap Rate 9%
$510,856
$510.9K
Market Conditions
NOI Build-Up for 2,748 SF
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.
Gross rent
$72.5K $26.40/SF
− Vacancy
−$11.2K −$4.09/SF
EGI
$61.3K $22.31/SF
− OpEx
−$15.3K −$5.58/SF
NOI
$46.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$919,540
Cap Rate 7%
$656,814
Cap Rate 9%
$510,856
Alternative Uses
Best Use
Office B
$656.8K
$574.7K – $766.3K
NOI $45,977 @ 7.0% cap · market cap 6.14%
Second Best
Mixed Use
$477.0K
$417.4K – $556.5K
NOI $33,388 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$917.0K
$802.4K – $1.07M
NOI $64,190 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
542
Businesses Nearby
Explore this area
Business Placement
Demographics for 95620, CA
21,439
Population
8,179
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
85%
High-School Grad
241.3 sq mi
ZIP Area
89
Density / Sq Mi
$100,224
Median Household Income
$46,302
Median Earnings
$1,716
Median Rent
$594,900
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Well-maintained live-work property with an ADA restroom, dedicated office space, and a newly installed dual-zone HVAC system.
Where is this live-work space located?
The property is located at 124 S Porter Road Dixon, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Approximately 2,748 square feet of live‑work and commercial space in Dixon, CA; Main level with expansive windows, soaring ceilings, recessed LED lighting, and 10' roll up doors; ADA compliant restroom plus ADA accessibility throughout the property
