Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Vallejo Mixed-Use Investment Opportunity Title is generated by Realmo AI

    1315-1317 Tennessee St, Vallejo, CA 94590

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Fully occupied mixed-use property with stable income in Vallejo.

    Type:Office, Mixed Use
    Property size:
    2,400 SF
    Price / SF:
    $206/SF
    Added:
    Feb 26, 2026
    Days on Market:
    75
    Last Refresh:
    Mar 17 at 1:16 pm

    Property Features for 1315-1317 Tennessee St

    General Information

    Standard status
    Active
    Size
    2,400 SF
    Property subtype
    Office, Mixed Use

    Building Details

    Year Built
    1932

    We can help!

    Listing Contact
    Cecilia Mu

    Listing agent Cecilia Mu License #01876480

    Listing office Real Broker

    Listing date Feb 26, 2026

    Source Crexi

    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 Real Broker

    HighLights

    • Fully occupied property providing immediate cash flow from two income streams.
    • Prime street‑front commercial space occupied by a well‑established insurance office.
    • Spacious, light‑filled 2‑bedroom, 1‑bath residential unit on the upper level.
    • Excellent street presence and dedicated on‑site parking.
    • Convenient location near downtown, transportation, retail, and waterfront amenities.
    • Ideal for investors or 1031 exchange buyers seeking a turnkey asset.

    Overview

    This fully occupied mixed-use property is located in one of Vallejo's established corridors. It features two income streams: a street-front commercial space occupied by an established insurance office and a spacious, light-filled 2-bedroom, 1-bath residential unit on the upper level. The property benefits from reliable tenants, excellent street presence, and dedicated on-site parking. This turnkey asset is suited for investors or future owner-users, offering immediate cash flow and long-term upside potential. The property is conveniently located near downtown, transportation, retail, and waterfront amenities. The property size is 2400 square feet. It is a stable income property and ideal for an investor or 1031 exchange buyer.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Vallejo
    County
    Solano
    State
    California
    Longitude
    -122.2417488
    Latitude
    38.1095689

    Nearby Similar for Sale

    • $850,000
      5,250 SF

      Fully Occupied Retail Building

      Multi-tenant retail building in Downtown Vallejo's Arts & Entertainment District.
      700 Marin Street, Vallejo, CA 94590
      View Details
    • $850,000
      2,378 SF

      Versatile Mixed-Use Property in Vallejo

      Well-maintained commercial property adaptable for office, event, or residential use.
      707 Tuolumne Street, Vallejo, CA 94590
      View Details
    • $850,000
      3,440 SF

      Waterfront Fourplex with Strong Cashflow

      Vallejo fourplex with marina views, strong rents, and upgrades.
      144 150 Florida Street, Vallejo, CA 94590
      View Details
    • $1,400,000
      5,584 SF

      Vallejo Special-Use Property on 1.9 Acres

      Special-use property with development potential for various organizations.
      201 Doyle Drive, Vallejo, CA 94591
      View Details
    • $151,000
      750 SF

      Downtown Vallejo Retail Opportunity

      Street-front retail space in high-traffic Vallejo location.
      1711 Sonoma Boulevard, Vallejo, CA 94590
      View Details
    • $850,000
      2,636 SF

      Vallejo Triplex with Income Potential

      Centrally located Vallejo triplex with immediate income and long-term upside.
      734 Florida St, Vallejo, CA 94590
      View Details
    • $360,000
      1,591 SF

      Vallejo Mixed-Use Property For Sale

      Mixed-use property in Vallejo, CA, suitable for residential/commercial use.
      1966 Broadway Street, Vallejo, CA 94589
      View Details
    • $649,000
      1,808 SF

      Vallejo Duplex: Income Potential

      Well-maintained Vallejo duplex with modern updates and strong investment potential.
      1511 Marin St, Vallejo, CA 94590
      View Details
    • $809,000
      2,716 SF

      Vallejo Triplex Investment Opportunity

      Triplex in Vallejo with immediate rental income and additional unit.
      2008 Marin St, Vallejo, CA 94590
      View Details
    • $899,000
      4,269 SF

      Downtown Vallejo Retail Investment Opportunity

      Fully leased retail building in downtown Vallejo with stable income.
      531 Georgia St, Vallejo, CA 94590
      View Details
    • $999,000
      2,903 SF

      Vallejo Multifamily Investment Opportunity

      Multifamily property in Vallejo with high rental income potential.
      1158 Louisiana St, Vallejo, CA 94590
      View Details
    • $998,000
      4,110 SF

      Vallejo Mixed-Use Investment Opportunity

      Five-unit mixed-use property with retail and residential units in Vallejo.
      539-543 Georgia St, Vallejo, CA 94590
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Fully occupied mixed-use property with stable income in Vallejo.
    Where is this mixed-use property located?
    The property is located at 1315-1317 Tennessee St Vallejo, CA.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Fully occupied property providing immediate cash flow from two income streams.; Prime street‑front commercial space occupied by a well‑established insurance office.; Spacious, light‑filled 2‑bedroom, 1‑bath residential unit on the upper level.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Cecilia Mu
    Real Estate License ID: 01876480
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1315-1317 Tennessee St, Vallejo, CA 94590
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!