Downtown Office
For Sale
$1,600,000
425 Merchant Street, Vacaville, CA 95688
Commercial Sale, Vacaville, CA
Property Size5,853 SF
Lot Size0.23 Acres
Price / SF$273.36
Days on Market92
Property Features for 425 Merchant Street
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
12
Subdivision
Vacaville 2
Standard status
Active
APN
0130233070
Lot size
0.23 Acres
Utilities
Heating system
Central, Heat Pump (Heating)
Cooling system
Central Air
Building Details
Year built
1991
Floors in Building
2
Roof type
Flat
Listing Agency:
McGuire Real Estate
(707) 448-1158
Listed By:
Mark H McGuire · License #01902240
(707) 385-1353
Added: Jul 18
Changed: Sep 18
Last Checked: Oct 17 at 8:06AM
MLS# 326008708
Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 5,853-square-foot office building, constructed in 1991, is arranged as three units with the option to operate as one occupant space or divide it further. The upper-level unit contains 3,832 square feet and includes a conference room, principal office with views, and a naturally bright bullpen area. Reception spaces, ADA-compliant bathrooms, break rooms, private offices, and conference rooms are provided across both floors. Covered parking and visible signage support daily operations, while central air, heat pump, and a flat roof are part of the building’s existing features.
The property is located in downtown Vacaville near restaurants and I-80 access, with high vehicle exposure noted for the site. The parcel encompasses 0.2264 acres, and the building was completed in 1991.
The property is located in downtown Vacaville near restaurants and I-80 access, with high vehicle exposure noted for the site. The parcel encompasses 0.2264 acres, and the building was completed in 1991.
Key Highlights
- 5,853‑square‑foot office building on a 0.2264‑acre parcel
- Three existing units can be combined into one occupant space or divided further
- Upper‑level unit includes 3,832 square feet, conference room, main office, and bullpen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,551
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,791,020
$1.8M
Cap Rate 7%
$1,279,300
$1.3M
Cap Rate 9%
$995,011
$995.0K
Market Conditions
NOI Build-Up for 5,853 SF
Gross rent
$140.5K $24.00/SF
− Vacancy
−$21.1K −$3.60/SF
EGI
$119.4K $20.40/SF
− OpEx
−$29.9K −$5.10/SF
NOI
$89.6K $15.30/SF
Area
Vacaville, CA
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,791,020
Cap Rate 7%
$1,279,300
Cap Rate 9%
$995,011
Alternative Uses
Best Use
Office B
$1.28M
$1.12M – $1.49M
NOI $89,551 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.72M
$1.51M – $2.01M
NOI $120,665 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,058
Businesses Nearby
Explore this area
Business Placement
Demographics for 95688, CA
39,571
Population
14,876
Households
2.7
Avg Household Size
39
Median Age
34%
College-Educated
94%
High-School Grad
92.0 sq mi
ZIP Area
430
Density / Sq Mi
$115,791
Median Household Income
$58,468
Median Earnings
$2,063
Median Rent
$657,400
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
Frequently Asked Questions
What type of property is this?
Office building - Flexible office configuration with covered parking, signage, and access to downtown amenities.
Where is this office building located?
The property is located at 425 Merchant Street Vacaville, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 5,853‑square‑foot office building on a 0.2264‑acre parcel; Three existing units can be combined into one occupant space or divided further; Upper‑level unit includes 3,832 square feet, conference room, main office, and bullpen
