Mixed-Use Property in Central
For Sale
Contact for pricing
539 Georgia St, Vallejo, CA
Five-unit mixed-use property with renovation potential in central location.
Property Size4,110 SF
Lot Size0.15 Acres
Price / SF$242.82
Days on Market333
Property Features for 539 Georgia St
General Information
Standard status
Active
Size
4,110 SF
Lot size
0.15 Acres
Property subtype
RETAIL
Listing Agency:
eXp Commercial - CA
(415) 802-1400
Listed By:
Brian Merrion · License #02325254
(415) 802-1400
Source:
Moodyscre
Added: Sep 8, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:56AM
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 eXp Commercial - CA
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 Boulevard. The property features two retail storefronts, two one-bedroom, one-bathroom apartments, and one three-bedroom, one-bathroom upper unit. The property is currently undergoing renovations due to fire damage. It can be purchased as-is or post-renovation. The residential units retain many original design elements. The property size is 4,110 square feet.
Key Highlights
- Mixed‑use property featuring 2 retail storefronts and 3 residential units (two 1‑BR/1 bath, one 3‑BR/1 bath).
- Excellent cash flow opportunity with strong upside potential.
- Prime location on a central, well‑traveled street, near Sonoma Blvd.
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
$90,363
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
9.05%
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%
$1,807,260
$1.8M
Cap Rate 7%
$1,290,900
$1.3M
Cap Rate 9%
$1,004,033
$1.0M
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
$160.3K $39.00/SF
− Vacancy
−$15.7K −$3.82/SF
EGI
$144.6K $35.18/SF
− OpEx
−$54.2K −$13.19/SF
NOI
$90.4K $21.99/SF
Area
Vallejo, CA
Vacancy
9.80%
Lease Rate
$39.00 /SF/Yr
Expense Ratio
37.50%
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%
$1,807,260
Cap Rate 7%
$1,290,900
Cap Rate 9%
$1,004,033
Alternative Uses
Best Use
Retail
$1.36M
$1.19M – $1.59M
NOI $95,183 @ 7.0% cap · market cap 9.54%
Second Best
Mixed Use
$1.29M
$1.13M – $1.51M
NOI $90,363 @ 7.0% cap · market cap 9.05%
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Five-unit mixed-use property with renovation potential in central location.
Where is this mixed-use property located?
The property is located at 539 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: Mixed‑use property featuring 2 retail storefronts and 3 residential units (two 1‑BR/1 bath, one 3‑BR/1 bath).; Excellent cash flow opportunity with strong upside potential.; Prime location on a central, well‑traveled street, near Sonoma Blvd.
