823 Jefferson St Fairfield, CA 94533
- Medical offices
- 6,726 SF
- 0.16 lot acres
Current Use by Public Records
- Denis Honeychurch, Attorney at Law / Attorney
- Housing Authority / Housing Authority
- Special Investigations Group / Legal Services
- Giambona Law Office, APC. / Attorney
Property Details for 823 Jefferson St
- Year built
- 1978
- Lot size
- 0.16 lot acres
- Property size
- 6,726 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 0030-185-060
- APU
- 30185060
Description
This exceptional two-story office building, located at 823 Jefferson Street in Fairfield, California, presents a unique investment opportunity. The property boasts a total of 8,000 square feet, with 5,000 square feet currently vacant and available for lease. The building is comprised of three suites, offering flexible space options ranging from a minimum of 1,000 contiguous square feet to a maximum of 4,000 contiguous square feet. Ideal for multiple tenants or a single large occupant, this traditional office building is situated on a 0.18-acre lot and features 14 parking spaces. Built in 1986, the property is zoned HO-P1 and has a floor area ratio (FAR) of 1.02. The building's address is 823 Jefferson Street, with a cross street of Empire Street, in Solano County, CA, zip code 94533. The property is conveniently located within the Fairfield submarket. While there are no elevators, the two-story structure offers ample space and accessibility. This is a prime opportunity to acquire a well-located office building in a thriving market. The property's APN is 0030-185-060. This listing presents a strong potential for immediate income generation and long-term appreciation. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $425,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $365,000
- 7%
- $370,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $405,000
- Geo Method
- $340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $375,000
- Retail
- $350,000
- Mixed-Use
- $370,000
- Hospitality
- $375,000
- Educational
- $385,000
- Residential Income
- $300,000
- Energy
- $315,000
- Income-Based Land
- $355,000
- Food Service
- $380,000
Location Insight
- Map
- Local Demand
- City
- Fairfield
- County
- Solano
- State
- California
- Longitude
- -122.042
- Latitude
- 38.2508
- CBSA code
- 46700
- CBSA name
- VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA