Salon Storefront with Real
For Sale
Contact for pricing
2418 Sonoma Blvd, Vallejo, CA 94590
The sale includes a salon business and the underlying commercial property.
Property Size1,200 SF
Price / SF$333.33
Days on Market143
Property Features for 2418 Sonoma Blvd
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Office, Retail
Zoning
Medical / Clinic
Additional Details
Business Included
Yes
Building Details
Year Built
1955
Stories
1
Units
1
Listing Agency:
Alliance Bay Realty
(510) 742-6600
Listed By:
Jun Li · License #01749045
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 6:03PM
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 Alliance Bay Realty
Investment Insights
Based on property information with market context.
This 1,200-square-foot storefront property includes a salon business and the real estate. The interior is arranged for salon operations, with service stations, wash areas, and a reception area. The building dates to 1955 and carries Medical / Clinic zoning.
The property is located at 2418 Sonoma Blvd in Vallejo, California. Its commercial street setting provides direct placement along Sonoma Blvd, with access to the surrounding Vallejo area and nearby local amenities.
The property is located at 2418 Sonoma Blvd in Vallejo, California. Its commercial street setting provides direct placement along Sonoma Blvd, with access to the surrounding Vallejo area and nearby local amenities.
Key Highlights
- 1,200‑square‑foot storefront property with salon business and real estate included
- Salon layout includes service stations, wash areas, and reception area
- Medical / Clinic zoning
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
$27,791
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
6.95%
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%
$555,820
$555.8K
Cap Rate 7%
$397,014
$397.0K
Cap Rate 9%
$308,789
$308.8K
Market Conditions
NOI Build-Up for 1,200 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
$43.2K $36.00/SF
− Vacancy
−$3.5K −$2.92/SF
EGI
$39.7K $33.08/SF
− OpEx
−$11.9K −$9.93/SF
NOI
$27.8K $23.16/SF
Area
Vallejo, CA
Vacancy
8.10%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
30.00%
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%
$555,820
Cap Rate 7%
$397,014
Cap Rate 9%
$308,789
Alternative Uses
Best Use
Retail
$397.0K
$347.4K – $463.2K
NOI $27,791 @ 7.0% cap · market cap 6.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$584.0K
$511.0K – $681.4K
NOI $40,882 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,685
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 35%
Jack in the Box
Dining
10,485 visits/mo
0.4 miles
Chase Bank
Shops & Services
7,376 visits/mo
0.4 miles
AutoZone
Shops & Services
4,800 visits/mo
0.4 miles
Marathon
Shops & Services
3,488 visits/mo
0.1 miles
Exxon
Shops & Services
2,218 visits/mo
0.5 miles
Demographics for 94590, CA
39,981
Population
16,500
Households
2.4
Avg Household Size
38
Median Age
26%
College-Educated
87%
High-School Grad
6.6 sq mi
ZIP Area
6,058
Density / Sq Mi
$66,957
Median Household Income
$43,383
Median Earnings
$1,768
Median Rent
$510,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - The sale includes a salon business and the underlying commercial property.
Where is this storefront property located?
The property is located at 2418 Sonoma Blvd Vallejo, CA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1,200‑square‑foot storefront property with salon business and real estate included; Salon layout includes service stations, wash areas, and reception area; Medical / Clinic zoning
