Two-Story Flex
For Sale
$495,000
Pending
1735 Enterprise DR, Fairfield, CA 94533
Commercial Sale, Fairfield, CA
Property Size3,380 SF
Lot Size0.04 Acres
Days on Market181
Property Features for 1735 Enterprise DR
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CS
Subdivision
FAIRFIELD
Lot features
Industrial District
Standard status
Pending
APN
0031352060
Size
3,380 SF
Lot size
0.04 Acres
Utilities
Heating system
Forced Air
Building Details
Year built
1990
Building materials
Concrete
Listing Agency:
KW Advisors East Bay · Keller Williams Realty
(510) 775-1079
Listed By:
Nathaniel Reinke
(415) 710-7284
Added: Apr 14
Changed: Oct 8
Last Checked: Oct 11 at 3:06PM
MLS# 41130804
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,380-square-foot flex condominium at 1735 Enterprise Drive spans two floors and was built in 1990. Both levels are arranged with a mix of offices, storage rooms, and larger conference areas. The unit has 2.5 bathrooms, front and rear stairwells, and sprinkler coverage throughout. Building systems include multi-zone HVAC, copper plumbing, Romex wiring, and three electrical sub-panels. Concrete tilt-up construction supports potential removal of interior walls, subject to buyer verification.
The complex provides 190 surface parking spaces, a ratio of 4.00 spaces per 1,000 square feet. A rear drive-in door is described as a potential functional addition, rather than an existing feature. The property is zoned CS.
The complex provides 190 surface parking spaces, a ratio of 4.00 spaces per 1,000 square feet. A rear drive-in door is described as a potential functional addition, rather than an existing feature. The property is zoned CS.
Key Highlights
- 3,380‑square‑foot flex condominium across two floors
- Two levels contain offices, storage rooms, and large conference areas
- 2.5 bathrooms with stairwells at both the front and rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,623
Cap Rate
7.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,460
$772.5K
Cap Rate 7%
$551,757
$551.8K
Cap Rate 9%
$429,144
$429.1K
Market Conditions
NOI Build-Up for 3,380 SF
Gross rent
$57.6K $17.04/SF
− Vacancy
−$2.4K −$0.72/SF
EGI
$55.2K $16.32/SF
− OpEx
−$16.6K −$4.90/SF
NOI
$38.6K $11.43/SF
Area
Fairfield, CA
Vacancy
4.20%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,460
Cap Rate 7%
$551,757
Cap Rate 9%
$429,144
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
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Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
885
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94533, CA
77,380
Population
25,539
Households
3
Avg Household Size
36
Median Age
20%
College-Educated
83%
High-School Grad
22.5 sq mi
ZIP Area
3,439
Density / Sq Mi
$85,990
Median Household Income
$41,466
Median Earnings
$1,980
Median Rent
$497,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - An office condo with divided work areas, storage, conference rooms, and building systems serving both levels.
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‑foot flex condominium across two floors; Two levels contain offices, storage rooms, and large conference areas; 2.5 bathrooms with stairwells at both the front and rear
