3400 Sonoma BlvdVallejo, CA 94590

Property Details for 3400 Sonoma Blvd

Year built

1977

Lot size

0.50 AC

Property size (Sq ft)

3,456 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

0053-152-130

APU

53152130

Description

This exceptional investment opportunity features a 3,456 square foot medical office building located at 3400 Sonoma Blvd, Vallejo, CA 94590. Currently occupied by Western Dental under a lease expiring December 30, 2032, providing a secure 8.5-year remaining lease term. The property boasts a substantial Net Operating Income (NOI) of $67,141.69. Built in 1977, this single-story building sits on a 21,865 square foot lot and is zoned for Central Corridor Commercial use. The Assessor's Parcel Number (APN) is 0053-152-130. This turnkey property presents a compelling investment opportunity for both passive investors seeking strong returns and owner-users looking for a ready-made space. The property's location in Solano County offers convenient access to major transportation routes and a thriving community. The asking price for this exceptional property is $1,150,000. This is a rare chance to acquire a stable, high-performing asset with significant long-term potential.

• CAP approach

  CAP return

  Valuation

  6%

  $1,135,356

  6.5%

  $1,048,021

  7%

  $973,162

• Comparable approach

  Method

  Valuation

  Relative Method

  $823,661

  Geo Method

  $963,913

• Alternative Use

  Use

  Valuation

  Residential

  $1,299,546

  Hospitality

  $1,190,377

  Educational

  $990,380

  Medical

  $1,024,441

  Retail

  $1,540,591

Location Insight

City

Vallejo

County

Solano

State

California

Latitude

38.1207

Longitude

-122.255

CBSA code

46700

CBSA name

VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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