Mixed-Use Property on
For Sale
$475,000
1749 Broadway Street, Vallejo, CA 94589
Mixed-use property suitable for various retail and commercial ventures.
Property Size1,920 SF
Lot Size0.25 Acres
Price / SF$247.40
Days on Market187
Property Features for 1749 Broadway Street
General Information
Standard status
Active
Size
1,920 SF
Lot size
0.25 Acres
Listing Agency:
eXp Realty of Northern California, Inc
Listed By:
Mark S Miller · License #00875195
(707) 643-8000
Source:
Exprealty
Added: Mar 11
Changed: Sep 12
Last Checked: Sep 12 at 1:25PM
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 eXp Realty of Northern California, Inc
Investment Insights
Based on property information with market context.
This mixed-use property presents an opportunity for business owners. The property is in good condition and permits a wide range of retail goods and services. It benefits from good traffic count and some foot traffic. The property includes two APN numbers: 0052-172-080 and 0052-172-100, encompassing a quarter-acre lot that can be used for parking and extra storage. The property size is 1920 square feet.
Key Highlights
- Quarter acre lot with two APN numbers for parking and extra storage.
- Property permits a wide range of retail goods and services.
- Good traffic count and some foot traffic.
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
$42,214
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
8.89%
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%
$844,280
$844.3K
Cap Rate 7%
$603,057
$603.1K
Cap Rate 9%
$469,044
$469.0K
Market Conditions
NOI Build-Up for 1,920 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
$74.9K $39.00/SF
− Vacancy
−$7.3K −$3.82/SF
EGI
$67.5K $35.18/SF
− OpEx
−$25.3K −$13.19/SF
NOI
$42.2K $21.99/SF
Area
Vallejo, CA
Vacancy
9.80%
Lease Rate
$39.00 /SF/Yr
Expense Ratio
37.50%
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%
$844,280
Cap Rate 7%
$603,057
Cap Rate 9%
$469,044
Alternative Uses
Best Use
Mixed Use
$603.1K
$527.7K – $703.6K
NOI $42,214 @ 7.0% cap · market cap 8.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$934.4K
$817.6K – $1.09M
NOI $65,411 @ 7.0% cap · market cap 13.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,640
Businesses Nearby
Explore this area
Business Placement
Demographics for 94589, CA
32,290
Population
9,826
Households
3.3
Avg Household Size
39
Median Age
23%
College-Educated
83%
High-School Grad
5.7 sq mi
ZIP Area
5,665
Density / Sq Mi
$91,313
Median Household Income
$45,106
Median Earnings
$2,127
Median Rent
$478,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property suitable for various retail and commercial ventures.
Where is this mixed-use property located?
The property is located at 1749 Broadway Street Vallejo, CA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Quarter acre lot with two APN numbers for parking and extra storage.; Property permits a wide range of retail goods and services.; Good traffic count and some foot traffic.
