Restaurant
New
For Sale
$550,000
3440 Sonoma Blvd, Vallejo, CA 94590
Commercial Sale, Vallejo, CA
Property Size1,064 SF
Lot Size0.26 Acres
Price / SF$516.92
Days on Market3
Property Features for 3440 Sonoma Blvd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Restaurant
Lot features
Business District, Industrial District, Strip Retail, City Lot, Hospital Nearby, Restaurant Nearby, Shopping Center Nearby
Directions
GPS
Subdivision
Listing
Standard status
Active
Size
1,064 SF
Lot size
0.26 Acres
Building Details
Year built
1968
Listing Agency:
Alliance Bay Realty
(510) 742-6600
Listed By:
Nam Ly · License #01895349
(510) 928-6888
Added: Sep 28
Changed: Sep 29
Last Checked: Sep 30 at 7:06PM
MLS# 41149689
Copyright © 2026 Bay East. 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.
The property includes a 1,064-square-foot building on a 0.258-acre lot. Built in 1968, it carries Restaurant zoning.
At 3440 Sonoma Blvd in Vallejo, the site fronts a major local street and is close to a hospital, banks, shopping centers, and other amenities.
At 3440 Sonoma Blvd in Vallejo, the site fronts a major local street and is close to a hospital, banks, shopping centers, and other amenities.
Key Highlights
- 1,064‑square‑foot building on a 0.258‑acre lot
- Restaurant zoning
- Built in 1968
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
$27,812
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
5.06%
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%
$556,240
$556.2K
Cap Rate 7%
$397,314
$397.3K
Cap Rate 9%
$309,022
$309.0K
Market Conditions
NOI Build-Up for 1,064 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
$40.2K $37.80/SF
− Vacancy
−$3.1K −$2.95/SF
EGI
$37.1K $34.85/SF
− OpEx
−$9.3K −$8.71/SF
NOI
$27.8K $26.14/SF
Area
Vallejo, CA
Vacancy
7.80%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
25.00%
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%
$556,240
Cap Rate 7%
$397,314
Cap Rate 9%
$309,022
Alternative Uses
Best Use
Specialty Retail
$397.3K
$347.7K – $463.5K
NOI $27,812 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$517.8K
$453.1K – $604.1K
NOI $36,248 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,685
Businesses Nearby
294k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 42%
Shops & Services 28%
Dining 24%
Apparel 4%
Seafood City
Groceries
51,104 visits/mo
0.2 miles
Walmart Neighborhood Market
Groceries
47,857 visits/mo
0.4 miles
Smart & Final
Groceries
23,427 visits/mo
0.5 miles
McDonald's
Dining
23,292 visits/mo
0.2 miles
dd's DISCOUNTS
Shops & Services
21,080 visits/mo
0.1 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant zoning and a Vallejo address place the property near a hospital, banks, and shopping centers.
Where is this conventional restaurant located?
The property is located at 3440 Sonoma Blvd Vallejo, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,064‑square‑foot building on a 0.258‑acre lot; Restaurant zoning; Built in 1968
