Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1010 Empire St Fairfield, CA 94533-5707
    Back to Search
    Property profile & analytics

    1010 Empire St, Fairfield, CA 94533-5707

    View on Map
    • Medical Office Space
    • 5,911 SF
    • 1.07 lot acres
    Off-Market
    Property ID
    US09-1230625
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,425,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Anthony Marino, DDS, Orthodontic Specialist / Dental Office
    • Dr Tony Marino Orthodontist: Marino Tony DDS / Dental Office
    • Mancini Mary E MD / Physician

    Property Details for 1010 Empire St

    Year built
    1913
    Lot size
    1.07 lot acres
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    0030-175-180
    APU
    30175180

    Description

    This exceptional Fairfield, CA property presents a rare opportunity to acquire a stunning mixed-use estate. The property encompasses a 1.07-acre lot and features two separate gated entries, providing convenient access from opposite sides of the block. The main residence, a three-story mansion, offers approximately 4,600 square feet of living space, excluding the basement and walk-in attic. Architectural details include meandering inset wood floor designs, European Lincrusta wall coverings, and stunning chandeliers throughout. Three impressive fireplaces grace the first floor, with a fourth located in the third-floor primary suite. The expansive kitchen is equipped with Italian granite countertops, an oversized island, a commercial-grade double-door refrigerator and freezer, and a 9-burner Montague Grizzley stove/griddle with dual ovens. Adjacent to the mansion is a two-story annex, adding another 2,600 square feet of space, including a remarkable 1,400-square-foot open-air deck on the second level, complete with a large swim spa/jacuzzi. Ample gated parking is available on both sides of the property. This meticulously preserved property retains its original charm and character, making it an ideal venue for hosting large-scale events. The property's unique blend of residential and commercial potential offers significant versatility and investment value. Located in the heart of Fairfield, this estate provides both privacy and convenient access to local amenities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,695,000
      6.5%
      $1,565,000
      7%
      $1,455,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,564,000
      Market price range: $785k - $1.56M
      AI Estimate
      $1,141,000
      Market price range: $403k - $1.14M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,205,000
      Current use
      RESTAURANT
      $2,175,000
      Change: +81% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,665,000
      Change: +38% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,485,000
      Change: +24% Conversion: Difficult
      RETAIL STORES
      $1,080,000
      Change: -10% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Solano
    State
    California
    Longitude
    -122.046
    Latitude
    38.2508
    CBSA code
    46700
    CBSA name
    VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,415
    $627,194
    $1,021,158
    $1,648,352
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,170 SF

      1935 Texas St

      MEDICAL BUILDING
      1935 Texas St, Fairfield, CA 94533-3819
      View Details
    • Value Estimation
      $1,190,000
      4,941 SF

      3329 Texas St

      MEDICAL BUILDING
      3329 Texas St, Fairfield, CA 94533-9700
      View Details
    • Value Estimation
      $1,050,000
      4,002 SF

      609 Jefferson St

      MEDICAL BUILDING
      609 Jefferson St, Fairfield, CA 94533-6293
      View Details
    • Value Estimation
      $1,730,000
      7,242 SF

      639 Kentucky St

      MEDICAL BUILDING
      639 Kentucky St, Fairfield, CA 94533-5530
      View Details
    • Value Estimation
      $7,165,000
      30,164 SF

      1101 B Gale Wilson Blvd

      MEDICAL BUILDING
      1101 B Gale Wilson Blvd, Fairfield, CA 94533-3700
      View Details
    • Value Estimation
      $2,005,000
      14,352 SF

      705 Beck Ave

      MEDICAL BUILDING
      705 Beck Ave, Fairfield, CA 94533
      View Details

    Similar Nearby for Sale

    • $898,875

      Fairfield Executive Office Suites

      Multi-tenant office building in downtown Fairfield with investment potential.
      801 Jefferson St, Fairfield, CA 94533
      View Details
    • Contact for pricing
      11,347 SF

      Downtown Fairfield Commercial Building

      Versatile 11,347 SF building in downtown Fairfield.
      934 Missouri St, Fairfield, CA 94533
      View Details
    • Contact for pricing
      4,182 SF

      Fairfield Office Building Near Courthouse

      Office building near Solano County Courthouse and downtown Fairfield.
      1100 Missouri St, Fairfield, CA 94533
      View Details
    • $260,000
      1,400 SF

      Single-Story Office Space Available

      Office space with private offices, meeting room, and parking.
      556 Parker Rd, Fairfield, CA 94533
      View Details
    • $960,000
      7,200 SF

      821 Texas, Fairfield, CA 94533

      Mixed-use properties
      821 Texas St, Fairfield, CA 94533
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,761 SF

      Class A Office Space Available

      Two-story Class A office building with modern energy systems.
      2300 Boynton Ave/Beck, Fairfield, CA 94533
      View Details
    • Contact for pricing
      8,209 SF

      Fairfield Office Space Available

      Office space with private office, storage, and break room.
      2351 N Watney Way, Fairfield, CA 94533
      View Details
    • Contact for pricing

      Fairfield Industrial and Office Suites

      Industrial and office suites available for lease in Fairfield.
      2349 N Watney Way, Fairfield, CA 94533
      View Details
    • Contact for pricing

      Modern Retail Strip Building

      Retail/office space in busy, professionally managed center with great visibility.
      3342 N Texas St, Fairfield, CA 94533
      View Details
    • Contact for pricing

      Cordelia Road Flex Building

      Flex building ideal for office and light industrial uses.
      2825 Cordelia Rd, Fairfield, CA 94533
      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.
    1010 Empire St
    Fairfield, CA 94533-5707
    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

    Thank You for Inquiry
    1010 Empire St, Fairfield, CA, 94533
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!