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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Medical Office Space
1038 Washington St Fairfield, CA 94533-5543
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-1996254
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1953
Total area
2,856 SF
Lot
0.37 ac (15,999 SF)
APN
0030-153-050
UPID
US09-1996254
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
All Day Fun & Play Child Development Center Daycare Center
-
Kelly Health Solutions Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$449k
Blend (final)
Blend
$520k
Owner & transaction history
All Day Fun & Play Preschool & Chil · 3 yrs held
All Day Fun & Play Preschool & Chil
since 2023
Last sale
$495,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$805,000
+38.4%
Auto repair, garage
$720,000
+23.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$590,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$580,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$805,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$720,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$520,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $495k (Feb 1 2023)
Last sale anchor
$495k
Feb 1 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$182 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,413
Tax year 2023
Assessed value
$382,773
Assessed 2023
Previous assessed
$382,773
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$153,109
Assessed improvement
$229,664
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1953
Heating
NONE
Stories
1
Total area
2,856 SF
Lot
0.37 ac (15,999 SF)
APN
0030-153-050
UPID
US09-1996254
Jurisdiction
SOLANO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$580,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$805,000
AUTO REPAIR, GARAGE
Est. value
$720,000
RETAIL STORES
Est. value
$520,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1953
Heating
NONE
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
All Day Fun & Play Preschool & Chil
Individual
Mailing address
PO BOX 1561, SUISUN CITY, CA 94585-4561
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2023
—
All Day Fun & Play Preschool & Chil
Sharise Delove
Intrafamily Transfer
related
—
Aug 12, 2022
$495,000
Sharise Delove
1038 Washington Partners
Grant Deed
$345,000 · 1038 Washington Partners
Jan 30, 2019
—
1038 Washington Partners
Krawiec,glen & Peter
Quit Claim Deed
—
Feb 15, 2018
$350,000
Glen Krawiec
Park Philip & Nancy 2013
Grant Deed
—
Feb 15, 2018
—
Glen Krawiec
Krawiec,pam
Quit Claim Deed
related
—
Oct 23, 2017
$17,727
Philip & Nancy Park 2013 Trust
Plm Loan Mgmt Svcs INC|kelly,timothy J
Trustees Deed
related
—
Mar 18, 2015
—
Timothy J Kelly
Kelly Timothy J
Quit Claim Deed
related
$200,000 · Orser R W Living Trust (lt)
Dec 5, 2013
—
Fairfield-suisun Unified Sch
Fairfield-suisun Unified Sch
Quit Claim Deed
related
—
May 3, 2005
—
Timothy J Kelly
Kelly,terry L
Quit Claim Deed
related
—
Aug 31, 1998
$225,000
Timothy J Kelly
Mccommon,robert L & Stephanie E
Grant Deed
$87,500 · Bank Of America Community Dev
Oct 22, 1993
$165,000
Robert L Mccommon
Hancock,ellen L
Grant Deed
$65,000 · Individual
—
—
Timothy J Kelly
—
Deed Of Trust
related
$90,000 · Park P & N 2013 Trust (pt)
—
—
Timothy J Kelly
—
Deed Of Trust
related
$90,000 · Bay Area Employment Developmen
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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