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    539 Georgia St Vallejo, CA 94590

    For Sale
    $998,000

    Prime Location, High Potential, Vacant

    Property size:
    4,110 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4,110 square foot Class C shopping center, located at 539 Georgia Street in Vallejo, California (zip code 94590), presents a unique investment opportunity. Currently vacant, this property offers significant upside potential. Built in 1890, the building boasts a rich history and retains original design elements in its residential components. The asking price is $998,000, translating to $242.82 per square foot. The property is a mixed-use building, encompassing two retail storefronts and three residential units: two one-bedroom, one-bathroom apartments and one three-bedroom, one-bathroom unit. The property is currently undergoing renovations following fire damage. This presents a buyer with the flexibility to purchase the property "as-is" and develop it according to their vision, or acquire it post-renovation. Situated on a central and highly trafficked street in downtown Vallejo, less than a block from Sonoma Boulevard, this location offers excellent visibility and accessibility. The lease type is gross, and the property is currently vacant, allowing for immediate customization and tenant selection. This is a compelling opportunity for investors seeking a high-return project in a rapidly developing area. The property's central location and mixed-use nature provide a strong foundation for future growth and profitability.

    Property Features for 539 Georgia St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    4,110 SF
    Class
    C

    Building Details

    Year Built
    1890

    HighLights

    • 4,110 SF Class C shopping center in Vallejo, CA (94590), asking $998,000 ($242.82/SF).
    • Currently vacant, offering significant upside potential.
    • Mixed‑use: two retail spaces and three residential units (two 1BR/1BA, one 3BR/1BA).
    • Undergoing renovations following fire damage; available "as‑is" or post‑renovation.
    • Prime downtown location on a high‑traffic street, near Sonoma Boulevard, offering excellent visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vallejo
    County
    Solano
    State
    California
    Longitude
    -122.253666
    Latitude
    38.100783

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Location, High Potential, Vacant
    Where is this lifestyle center 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: 4,110 SF Class C shopping center in Vallejo, CA (94590), asking $998,000 ($242.82/SF).; Currently vacant, offering significant upside potential.; Mixed-use: two retail spaces and three residential units (two 1BR/1BA, one 3BR/1BA).
    Request Owner's contact information
    539 Georgia St Vallejo, CA 94590
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    Vallejo, CA 94590
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    539 Georgia St Vallejo, CA 94590
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