Vallejo Mixed-Use Investment
For Sale
$998,000
539-543 Georgia St, Vallejo, CA 94590
5 Unit Mixed-Use Property in Vallejo
Property Size4,110 SF
Lot Size0.09 Acres
Price / SF$242.82
Days on Market238
Property Features for 539-543 Georgia St
General Information
Standard status
Active
Property type
Storefront properties, Triplexes, Individual retail properties, Multifamily properties
Size
4,110 SF
Class
B
Lot size
0.09 Acres
Building Details
Year Built
1890
Stories
2
Units
5
Listing Agency:
(415) 802-1400
Listed By:
Bam
(415) 802-1400
Added: Jan 4
Changed: Mar 16
Investment Insights
Based on property information with market context.
This five-unit mixed-use property is located on a central, well-traveled street in Vallejo, less than a block from Sonoma Blvd. The property features two retail storefronts, two one-bedroom, one-bathroom apartments, and one three-bedroom, one-bathroom upper unit. It presents an excellent cash flow opportunity with strong upside potential. Currently, the property is undergoing renovations due to fire damage and can be purchased as-is or post-renovation. The residential units retain many original design elements. The property size is 4110.
Key Highlights
- 2 retail storefronts, two 1‑BR/1bth apartments, & one 3‑BR/1bth upper unit.
- Excellent cash flow opportunity, with strong upside potential.
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
$79,932
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
8.01%
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%
$1,598,640
$1.6M
Cap Rate 7%
$1,141,886
$1.1M
Cap Rate 9%
$888,133
$888.1K
Market Conditions
NOI Build-Up for 4,110 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
$120.8K $29.40/SF
− Vacancy
−$6.6K −$1.62/SF
EGI
$114.2K $27.78/SF
− OpEx
−$34.3K −$8.33/SF
NOI
$79.9K $19.45/SF
Area
Vallejo, CA
Vacancy
5.50%
Lease Rate
$29.40 /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%
$1,598,640
Cap Rate 7%
$1,141,886
Cap Rate 9%
$888,133
Alternative Uses
Best Use
Retail
$1.36M
$1.19M – $1.59M
NOI $95,183 @ 7.0% cap · market cap 9.54%
Second Best
Multifamily LT 5
$1.14M
$999.2K – $1.33M
NOI $79,932 @ 7.0% cap · market cap 8.01%
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $140,019 @ 7.0% cap · market cap 14.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,784
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - 5 Unit Mixed-Use Property in Vallejo
Where is this storefront property located?
The property is located at 539-543 Georgia St Vallejo, CA.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: 2 retail storefronts, two 1‑BR/1bth apartments, & one 3‑BR/1bth upper unit.; Excellent cash flow opportunity, with strong upside potential.
