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    Property profile & analytics

    107 Peabody Rd Vacaville, CA 95687-4708

    • Retail space
    • 18,600 SF
    • 2.03 lot acres
    OFF-MARKET
    Last Sale
    Oct 09, 2024
    $3,900,000
    Value Estimations
    $3,980,000
    Show details
    Cap Rate Potential
    6.7%
    Retail space
    Location Intelligence
    Property ID
    US10-3082026
    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.

    Current Use by Public Records

    • Opportunity House Thrift Store / Non-Profit Organization / Donations Center
    • Aaron's Automotive / Auto Repair Shop
    • Southern Smokehouse BBQ Food Truck / Restaurant
    • Layla & Associates / Store

    Property Details for 107 Peabody Rd

    Year built
    1998
    Lot size
    2.03 lot acres
    Property size
    18,600 SF
    Zone code
    COMML
    Property type
    Retail space
    APN
    0131-160-120
    APU
    131160120

    Description

    This exceptional Class A warehouse, situated on a 2.03-acre lot at the corner of Peabody and Elmira Roads in Solano County, offers 18,600 square feet of space. Built in 1998 and renovated in 2020, the property boasts 24-foot high ceilings, a new roof, and ample parking (84 spaces). Currently, it houses two tenants: a thrift store (13,850 sq ft, lease expiring August 2025) and an automotive shop (4,750 sq ft). The high-traffic location, with approximately 22,000 vehicles per day, provides excellent visibility and accessibility via Interstate 80. The property features 354 feet of frontage on Peabody Road, a loading dock ramp, and multiple potential uses. The thrift store tenant may vacate sooner than the lease expiration, presenting a significant value-add opportunity. The automotive shop is interested in extending their lease. Annual rent is $15.6 per square foot, plus $3.5 per square foot in NNN charges. This translates to a monthly rent of $1.3 per square foot, plus $0.29 per square foot in NNN charges. This prime location and flexible space make this an ideal investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,970,000
      ML approach
      $3,710,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,430,000
      6.5%
      $4,090,000
      7%
      $3,795,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Vacaville
    County
    Solano
    State
    California
    Longitude
    -121.975
    Latitude
    38.3531
    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
    $36,393
    $1,248,480
    $1,872,720
    $3,121,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $370,000
      0.53 Acres

      671 Elmira Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.53 Acres
      671 Elmira Rd, Vacaville, CA 95687-4655
      View Details
    • Value Estimation
      $440,000
      2.00 Acres

      1010 Helen Power Dr

      RETAIL STORES (PERSONAL SERVICES) • 2.00 Acres
      1010 Helen Power Dr, Vacaville, CA 95687-3504
      View Details
    • Value Estimation
      $1,000,000
      159,947 SF

      1051 Hume Way

      RETAIL STORES (PERSONAL SERVICES) • 159,947 SF
      1051 Hume Way, Vacaville, CA 95687-5558
      View Details
    • Value Estimation
      $680,000
      4,373 SF

      1110 Leisure Town Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,373 SF
      1110 Leisure Town Rd, Vacaville, CA 95687-8006
      View Details
    • Value Estimation
      $705,000
      18,368 SF

      210 Nut Tree Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 18,368 SF
      210 Nut Tree Pkwy, Vacaville, CA 95687-3253
      View Details
    • Value Estimation
      $680,000
      13,872 SF

      2010 Alamo Dr

      RETAIL STORES (PERSONAL SERVICES) • 13,872 SF
      2010 Alamo Dr, Vacaville, CA 95687-6289
      View Details

    Similar Nearby for Sale

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      Retail Property For Sale

      Retail property available for purchase in Vacaville, California.
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      40.00 Acres

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      Vacaville Development Opportunity on Leisure

      3.56-acre flat, buildable parcel ideal for high-density housing.
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      Vacaville Ranch Opportunity

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      Updated Residence Near Travis AFB

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    Similar Nearby for Lease

    • Contact for pricing
      1,186 SF

      Retail Space in Vacaville Center

      Retail space available in a shopping center anchored by major retailers.
      1031-1071 Helen Power Dr, Vacaville, CA 95687
      View Details
    • $48 SF/Yr
      300 SF

      Retail Suites in Growing Area

      Retail suites available in a rapidly growing, affluent area.
      153 Peabody Rd, Vacaville, CA 95687
      View Details
    • $2 SF/Yr
      1,860 SF

      Retail Space on Elmira Road

      Well-maintained retail space with high visibility and ample parking.
      179 Elmira Rd, Vacaville, CA 95687
      View Details
    • Contact for pricing
      406,938 SF

      Vacaville Commons Retail Space

      High-traffic retail center, Solano County.
      2000-3000 Harbison Dr, Vacaville, CA 95687
      View Details
    • Contact for pricing
      2,123 SF

      Retail Space Near Interstate 80

      Retail space in high-traffic area near Interstate 80.
      2044 Nut Tree Rd, Vacaville, CA 95687
      View Details
    • $30 SF/Yr
      1,540 SF

      Retail Suites in Vacaville

      Retail suites available from 300 to 1,800 sq.ft. for rent.
      117-145 Peabody Rd, Vacaville, CA 95687
      View Details
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    107 Peabody Rd
    Vacaville, CA 95687-4708
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    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
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