Mobile Home Park
For Sale
$166,000
15 Dali Court, Fairfield, CA 94534
Located inside Casa Nova Mobile Home Park, this lot sits near the end of a cul-de-sac.
Property Size720 SF
Price / SF$230.56
Days on Market345
Property Features for 15 Dali Court
General Information
Standard status
Active
Size
720 SF
Total Parking Spaces
3
Property subtype
Manufactured In Park
Amenities
Ceiling Fan(s), Central Air
Central
Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater, Microwave, Plumbed For Ice Maker, Washer/Dryer Stacked
Laminate Counters
Guest, See Remarks
Private Yard, Courtyard
Building Details
Year Built
1978
Listed By:
Marie Anderson · License #1749096
(707) 688-7469
Source:
Evrealestate
Added: Sep 26, 2025
Changed: Aug 31
Last Checked: Sep 5 at 4:28AM
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 Marie Anderson
Investment Insights
Based on property information with market context.
15 Dali Court is a mobile home park lot within Casa Nova Mobile Home Park. The site is positioned near the end of the cul-de-sac on the right.
The property is in Solano County, with access off local roads routed from the 80 Freeway to Waterman Blvd, then Hillborn Road and Martin Road, entering the park on Dali Court.
The property is in Solano County, with access off local roads routed from the 80 Freeway to Waterman Blvd, then Hillborn Road and Martin Road, entering the park on Dali Court.
Key Highlights
- Located inside Casa Nova Mobile Home Park on a lot near the end of a cul‑de‑sac
- 1978 build
- Central air conditioning plus ceiling fans
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
$11,548
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
6.96%
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%
$230,960
$231.0K
Cap Rate 7%
$164,971
$165.0K
Cap Rate 9%
$128,311
$128.3K
Market Conditions
NOI Build-Up for 720 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
$22.0K $30.60/SF
− Vacancy
−$1.0K −$1.44/SF
EGI
$21.0K $29.16/SF
− OpEx
−$9.4K −$13.12/SF
NOI
$11.5K $16.04/SF
Area
Fairfield, CA
Vacancy
4.70%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
45.00%
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%
$230,960
Cap Rate 7%
$164,971
Cap Rate 9%
$128,311
Alternative Uses
Best Use
Apartment 5plus
$165.0K
$144.4K – $192.5K
NOI $11,548 @ 7.0% cap · market cap 6.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$293.1K
$256.5K – $342.0K
NOI $20,517 @ 7.0% cap · market cap 12.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
Explore this area
Business Placement
Demographics for 94534, CA
42,296
Population
14,249
Households
3
Avg Household Size
41
Median Age
40%
College-Educated
94%
High-School Grad
77.5 sq mi
ZIP Area
546
Density / Sq Mi
$139,349
Median Household Income
$64,052
Median Earnings
$2,699
Median Rent
$700,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Located inside Casa Nova Mobile Home Park, this lot sits near the end of a cul-de-sac.
Where is this mobile home & rv park located?
The property is located at 15 Dali Court Fairfield, CA.
What is the asking price?
The asking price for this property is $166,000.
What are key features of this property?
This property features: Located inside Casa Nova Mobile Home Park on a lot near the end of a cul‑de‑sac; 1978 build; Central air conditioning plus ceiling fans
