Versatile Fairfield Flex
1735 Enterprise DR Fairfield, CA 94533
For Sale
$495,000
Modern office condo in desirable Fairfield business park.
Property Size3,380 SF
Price / SF$146.45
Days on Market94
Property Features for 1735 Enterprise DR
General Information
Standard status
Active
Size
3,380 SF
Property subtype
Commercial
Building Details
Year Built
1990
Listing Agency:
TCGOB, Inc
(415) 710-7284
Listed By:
Nathaniel Reinke
(415) 710-7284
Source:
Elliman
Added: Apr 27
Changed: Jul 10
Last Checked: Jul 29 at 10:23AM
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 TCGOB, Inc
Investment Insights
Based on property information with market context.
This two-floor modern office condo features 2.5 bathrooms and both front and rear stairwells. The space is user-friendly and fully sprinklered on both floors. It includes an HVAC system with multiple zones, copper plumbing, and Romex wiring with three sub-panels. Access to the upstairs is available via both a front and rear stairwell. Currently, both the upstairs and downstairs are divided into multiple offices, storage rooms, and large conference rooms. Constructed with masonry, the interior walls can be removed (buyer to verify). Located in an established and highly desirable business park in Fairfield, CA, the unit offers approximately 3,380 square feet of versatile light industrial and flex space. Constructed in 1990, the property features durable concrete tilt-up construction. The functionality could be enhanced with the potential of one rear drive-in door. The current parking ratio is 4.00/1,000 SF, with 190 surface spaces for the complex. The bike score is 47, indicating it is somewhat bikeable. The walk score is 34, indicating it is car-dependent. The transit score is 36, indicating some transit options are available.
Key Highlights
- ±3,380 square feet of versatile light industrial and flex space.
- Located in an established and highly desirable business park in Fairfield, CA.
- Potential for one (1) rear drive‑in door.
Financial Insights For Industrial
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 | $57.6k | $17.04 |
| − Vacancy | −$2.4k | −$0.72 |
| EGI | $55.2k | $16.32 |
| − OpEx | −$16.6k | −$4.90 |
| NOI | $38.6k | $11.43 |
3,380 SF · lease $17.04/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Office B
$964.4K
$843.9K – $1.13M
NOI $67,508 @ 7.0% cap · market cap 13.64%
Second Best
Flex RnD
$768.2K
$672.2K – $896.3K
NOI $53,777 @ 7.0% cap · market cap 10.86%
Theoretical Best
Office A
$1.38M
$1.20M – $1.61M
NOI $96,314 @ 7.0% cap · market cap 19.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Delivered by Grace — 1901 Enterprise Ct, Fairfield, CA 94533
- Fresh Fruit CA — 2121 Cadenasso Dr, Fairfield, CA 94533
- JoJos Munchies — 835 W Texas St, Fairfield, CA 94533
Frequently Asked Questions
What type of property is this?
Flex space - Modern office condo in desirable Fairfield business park.
Where is this flex space located?
The property is located at 1735 Enterprise DR Fairfield, 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: ±3,380 square feet of versatile light industrial and flex space.; Located in an established and highly desirable business park in Fairfield, CA.; Potential for one (1) rear drive‑in door.
