Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    110 Hilborn St Vallejo, CA 94590
    Back to Search
    Property profile & analytics

    110 Hilborn St, Vallejo, CA 94590

    View on Map
    • Commercial real estate
    • 6,037 SF
    • 0.34 lot acres
    Off-Market
    Property ID
    US09-1905037
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 110 Hilborn St

    Year built
    1955
    Lot size
    0.34 lot acres
    Property type
    Commercial real estate

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 9, 2026 $1,596,000 Kremer Family Revocable Trust Joshua J Wellen Grant Deed $725k · Steven G Kremer
    Sep 21, 2018 — Joshua J Wellen Joshua J Wellen Deed · related $420k · Summit State Bank
    May 13, 2016 — Joshua J Wellen Wellen,tara Quitclaim Deed · related —
    May 13, 2016 $915,000 Joshua Wellen Lawrence Lee Jones Grant Deed —

    Description

    This exceptional multifamily investment opportunity presents a 9-unit apartment building situated in the desirable Vallejo Heights neighborhood of Vallejo, California. The property, located at 110 Hilborn St, 94590, comprises two 2-story buildings totaling 6,037 square feet on a 0.34-acre lot. Built in 1955, the complex includes four one-bedroom/one-bathroom units, four two-bedroom/one-bathroom units, and a single two-bedroom/one-bathroom single-family residence with a garage and yard. Each unit features a tuck-under parking space and a private storage area. Tenant amenities include an on-site laundry facility. Recent upgrades include updated kitchens, flooring, bathrooms, and paint throughout the units. The exterior of the main building received a fresh coat of paint within the last six months, and the single-family home has undergone extensive renovations in the past year, including a new kitchen, flooring, bathroom, fence, and landscaping. The property boasts elevated west-facing views of the Napa River and Vallejo waterfront. The current rent roll reflects a 7.06% capitalization rate and a 9.56 gross rent multiplier. The asking price is $2,045,000, representing a price per unit of $227,222 and a price per square foot of $338.74. This property offers a compelling combination of strong cash flow, desirable location, and recent improvements, making it an attractive investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Vallejo
    County
    Solano
    State
    California
    Longitude
    -122.2659282
    Latitude
    38.1139864

    Comparable in this City

    • Contact for pricing
      8,760 SF

      Vallejo Multifamily Investment Opportunity

      14-unit apartment building in Vallejo Heights neighborhood.
      144 Hilborn St, Vallejo, CA 94590
      View Details
    • $1,400,000
      6,372 SF

      Mixed-Use Building with Development Potential

      Mixed-use property in Downtown Vallejo with development potential.
      Marin St, Vallejo, CA 94590
      View Details
    • $1,595,000

      Vallejo Multifamily Investment Opportunity

      Eleven-unit apartment complex with income potential in a growing neighborhood.
      121 Lincoln Rd, Vallejo, CA 94590
      View Details
    • $998,000
      4,110 SF

      Mixed-Use Property in Central Vallejo

      Five-unit mixed-use property with renovation potential in central location.
      539 Georgia St, Vallejo, CA 94590
      View Details
    • Contact for pricing
      4,550 SF

      Vallejo Apartment Complex For Sale

      Eleven-unit apartment complex with income potential in rapidly improving neighborhood.
      121 Lincoln Rd, Vallejo, CA 94590
      View Details
    • Contact for pricing
      3,480 SF

      Remodeled 8-Unit Apartment Complex

      Fully remodeled 8-unit apartment complex with strong rental upside.
      601 Alabama St, Vallejo, CA 94590
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,550 SF

      Vallejo Apartment Complex For Sale

      Eleven-unit apartment complex with income potential in rapidly improving neighborhood.
      121 Lincoln Rd, Vallejo, CA 94590
      View Details
    • Contact for pricing
      3,480 SF

      Remodeled 8-Unit Apartment Complex

      Fully remodeled 8-unit apartment complex with strong rental upside.
      601 Alabama St, Vallejo, CA 94590
      View Details
    • Contact for pricing
      8,760 SF

      Vallejo Multifamily Investment Opportunity

      14-unit apartment building in Vallejo Heights neighborhood.
      144 Hilborn St, Vallejo, CA 94590
      View Details
    • $1,400,000
      6,372 SF

      Mixed-Use Building with Development Potential

      Mixed-use property in Downtown Vallejo with development potential.
      Marin St, Vallejo, CA 94590
      View Details
    • $1,595,000

      Vallejo Multifamily Investment Opportunity

      Eleven-unit apartment complex with income potential in a growing neighborhood.
      121 Lincoln Rd, Vallejo, CA 94590
      View Details
    • Contact for pricing
      4,110 SF

      Mixed-Use Property in Central Vallejo

      Five-unit mixed-use property with renovation potential in central location.
      539 Georgia St, Vallejo, CA 94590
      View Details

    Similar Nearby for Lease

    • $1.35 SF/Yr

      Vallejo Retail Space For Rent

      7,465 SF retail space in lively Vallejo.
      2999 Sonoma Blvd, Vallejo, CA 94590
      View Details
    • Contact for pricing
      7,136 SF

      Vallejo Retail Building For Rent

      Stand-alone building in Vallejo's main retail corridor with ample parking.
      815 Tennessee St, Vallejo, CA 94590
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space in Vallejo Center

      Retail space available in a high-traffic Vallejo shopping center.
      475 Redwood St, Vallejo, CA 94590
      View Details
    • Contact for pricing
      2,617 SF

      Retail Space in Vallejo Center

      Retail space available in a busy Vallejo shopping center.
      3325-3555 Sonoma Blvd, Vallejo, CA 94590
      View Details
    • 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
    • $3,400 /Mo

      Other Specialty Property Space

      Specialty-use rental space located along Sonoma Boulevard with convenient access from Curtola Pkwy.
      2112 Sonoma Blvd, Vallejo, 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.
    110 Hilborn 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

    Thank You for Inquiry
    110 Hilborn St, Vallejo, CA, 94590
    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!