1407 Tennessee Vallejo, CA 94590
Office building with private offices, storage, and parking.
Property Features for 1407 Tennessee
General Information
- Standard status
- Active
- Size
- 1,366 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1935
Listing office OLSON REALTY, INC 7453602
Listing date May 18, 2026
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of OLSON REALTY, INC
Investment Insights
Based on property information with market context.
Key Highlights
- Move‑in ready office space previously occupied by a real estate firm.
- Upper level features 1300+ sqft with 3 private offices, stock room, shared restroom, and open admin area.
- Usable basement/storage space at ground level, nearly equal in size to the upper level.
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 | $51.6k | $37.80 |
| − Vacancy | −$9.4k | −$6.88 |
| EGI | $42.2k | $30.92 |
| − OpEx | −$10.6k | −$7.73 |
| NOI | $31.7k | $23.19 |
