Quonset Hut Workshop with
314 Lemon Vallejo, CA 94590
New
314 Lemon, Vallejo, CA, 94590
$650,000
For Sale
$650,000
Freestanding 1947 quonset hut on a 7,920 sq.-ft. lot with parking for 20 cars and custom cabinet production.
Property Size2,460 SF
Lot Size0.18 Acres
Price / SF$264.23
Days on Market3
Property Features for 314 Lemon
General Information
- Standard status
- Active
- Size
- 2,460 SF
- Lot size
- 0.18 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1947
Listing agency
RE/MAX GOLD
7451151
Listed by
KEVIN REILLY · License #1371289
Source
Corcoran
Added: Jul 19 Updated: Jul 21 at 6:57AM Checked: Jul 21 at 6:57AM
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 RE/MAX GOLD
Investment Insights
Based on property information with market context.
A 1947 quonset hut workshop totaling 2,460 sq. ft. sits on a 7,920 sq. ft. lot with adequate parking for approximately 20 cars. The property is currently operated by the same tenant for the past 20 years, with in-place custom cabinet operations.
The site is zoned Misc., and it presents a compact, functional industrial configuration suited to a light manufacturing or workshop-type use.
With a long-term operating tenant and on-site parking support, this property offers a straightforward single-structure setup on its own lot.
The site is zoned Misc., and it presents a compact, functional industrial configuration suited to a light manufacturing or workshop-type use.
With a long-term operating tenant and on-site parking support, this property offers a straightforward single-structure setup on its own lot.
Key Highlights
- 1947 freestanding Quonset hut totaling 2,460 sq ft
- 7,920 sq ft lot with parking for 20 cars
- Zoned Misc.
Local 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 | $63.5k | $25.80 |
| − Vacancy | −$4.8k | −$1.96 |
| EGI | $58.6k | $23.84 |
| − OpEx | −$17.6k | −$7.15 |
| NOI | $41.1k | $16.69 |
2,460 SF · lease $25.80/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Industrial
$586.4K
$513.1K – $684.2K
NOI $41,051 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,807 @ 7.0% cap · market cap 12.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Finishing Technology
Construction Company
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Freestanding 1947 quonset hut on a 7,920 sq.-ft. lot with parking for 20 cars and custom cabinet production.
Where is this manufacturing property located?
The property is located at 314 Lemon Vallejo, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1947 freestanding Quonset hut totaling 2,460 sq ft; 7,920 sq ft lot with parking for 20 cars; Zoned Misc.
