Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    308 Tuolumne St Vallejo, CA 94590

    • Office Properties & Spaces
    • 8,000 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 308 Tuolumne St

    Property size
    8,000 SF
    Property type
    Office Properties & Spaces

    Description

    This exceptional 2,400-square-foot executive office suite is situated in a professional Vallejo office building at 308 Tuolumne St, Vallejo, CA 94590. Located across from the Solano County Courthouse and conveniently near Solano Ave., this single-tenant space offers unparalleled convenience and visibility. Recently remodeled, the suite boasts a modern design and features a separate front and rear entrance for enhanced privacy and accessibility. The interior layout includes a welcoming lobby area, two spacious individual offices, several additional offices perfect for staff or clients, a dedicated break room, and a restroom. The entire building encompasses 8,000 square feet, spread across a single story, without elevators. This turnkey solution is ideal for a variety of professional businesses, including but not limited to legal, accounting, or financial services firms. The ample space and strategic location provide an excellent opportunity to establish or expand a thriving practice in a highly desirable area of Solano County. The property is ready for immediate occupancy. Contact us today to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Vallejo
    County
    Solano
    State
    California
    Longitude
    -122.238
    Latitude
    38.1025

    Comparable in this City

    • Value Estimation by Request
      1,240 SF

      1416 Tennessee St

      Office Properties & Spaces • 1,240 SF
      1416 Tennessee St, Vallejo, CA 94590
      View Details
    • Value Estimation by Request
      35,605 SF

      235 Georgia St

      Medical offices • 35,605 SF
      235 Georgia St, Vallejo, CA 94590
      View Details
    • Value Estimation by Request
      2,600 SF

      1680 Broadway St

      Office Properties & Spaces • 2,600 SF
      1680 Broadway St, Vallejo, CA 94590
      View Details
    • Value Estimation by Request
      35,605 SF

      241-255 Georgia St

      Medical offices • 35,605 SF
      241-255 Georgia St, Vallejo, CA 94590
      View Details
    • Value Estimation by Request
      1,263 SF

      1557 10th St

      MEDICAL BUILDING • 1,263 SF
      1557 10th St, Vallejo, CA 94590-4654
      View Details
    • Value Estimation
      $570,000
      4,821 SF

      712 10th St

      MEDICAL BUILDING • 4,821 SF
      712 10th St, Vallejo, CA 94590-4506
      View Details

    Similar Nearby for Sale

    • $1,120,888
      31,500 SF

      444 Alabama St

      Restaurants • 31,500 SF
      444 Alabama St, Vallejo, CA 94590
      View Details
    • $985,000
      6,000 SF

      Vallejo Office Building Investment

      Downtown Vallejo Office, High NOI
      519 Capitol St, Vallejo, CA 94590
      View Details
    • $449,000
      3,520 SF

      Historic Vallejo Commercial Building

      Character-rich commercial building ideal for office, retail, or creative business.
      1021 Tennessee St, Vallejo, CA 94590
      View Details
    • $925,000
      10,608 SF

      Vallejo Light Industrial Property

      Light industrial property with yard, multiple bays, and long-term tenant.
      21 Cypress Ave, Vallejo, CA 94590
      View Details
    • $365,000
      2,068 SF

      Versatile Commercial Duplex for Sale

      Commercial duplex in mixed-use zone, ideal for investors/owner-occupants.
      801 Tuolumne St, Vallejo, CA 94590
      View Details
    • $468,000
      4,153 SF

      Vallejo Mixed-Use Building For Sale

      Mixed-use property with residential and commercial units, plus parking.
      931 Tennessee St, Vallejo, CA 94590
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,500 SF

      Vallejo Retail Space For Rent

      Retail space available in a high-traffic Vallejo location.
      3595 Sonoma Blvd, Vallejo, CA 94590
      View Details
    • Contact for pricing
      7,204 SF

      Downtown Vallejo Office Space Available

      Office space for rent in downtown Vallejo, California.
      241-255 Georgia St, Vallejo, CA 94590
      View Details
    • Contact for pricing
      1,150 SF

      Downtown Vallejo Retail Space

      Prime Vallejo location, 1150 sq ft, flexible lease.
      537 Georgia St, Vallejo, CA 94590
      View Details
    • Contact for pricing
      17,400 SF

      Retail Space with Drive-Through

      17,400 SF retail space with existing pharmacy and drive-through.
      2001 Solano Ave, Vallejo, CA 94590
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space in Vallejo, CA

      Retail space available for lease in Vallejo, California.
      400-408 Georgia St, Vallejo, CA 94590
      View Details
    • Contact for pricing
      67,470 SF

      American Canyon Industrial Space

      Industrial property available for rent in American Canyon, California.
      665 Broadway St, American Canyon, CA 94590
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    308 Tuolumne St
    Vallejo, CA 94590
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!