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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1241 Alamo Dr Vacaville, CA 95687

    • Medical offices
    • 14,741 SF
    • 1.46 lot acres
    For Lease
    View listing
    $13 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2880308
    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

    • Majestic Esthetics & Spa / Spa & Massage Center
    • Massages by Stephanie / Alternative Medicine Practice / Spa & Massage Center
    • Sarah Benington / Physician
    • Ricketts Charlie / Real Estate Agency
    • Beauty Haven by Sarah / Medical Clinic / Skin Care Clinic

    Property Details for 1241 Alamo Dr

    Year built
    1989
    Lot size
    1.46 lot acres
    Property size
    14,741 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    0127-090-260
    APU
    127090260

    Description

    This exceptional 15,750 square foot single-story office building at 1241 Alamo Drive, Suite 1, Vacaville, CA 95687 offers a diverse range of office spaces to suit various business needs. Currently, one 5,471 square foot space is immediately available for lease. The building's flexible floor plans cater to a variety of configurations, making it ideal for businesses of all sizes. Its location on Alamo Drive provides convenient access to Interstate 80, ensuring effortless commutes for employees and clients. The property's proximity to the downtown area, shops, restaurants, and residential neighborhoods adds to its appeal. The building is well-suited for a variety of uses, including creative offices, traditional offices, executive suites, coworking spaces, and medical offices. The multiple tenancy structure allows for a dynamic and collaborative environment. This property presents a unique opportunity to establish a thriving business in a highly desirable and accessible location within Vacaville's vibrant business district. The building's single-story design offers ease of access and navigation. Don't miss this chance to secure your ideal workspace in this prime Vacaville location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,745,000
      6.5%
      $3,455,000
      7%
      $3,210,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,806,000
      Market price range: $2.33M - $5.25M
      AI Estimate
      $2,301,000
      Market price range: $1.26M - $3.59M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $3,900,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $4,150,000
      Change: +6% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,705,000
      Change: -5% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Vacaville
    County
    Solano
    State
    California
    Longitude
    -121.992
    Latitude
    38.3414
    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
    $40,531
    $1,641,900
    $1,943,189
    $3,585,089
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $6,810,000
      30,800 SF

      1010 Nut Tree Rd

      MEDICAL BUILDING • 30,800 SF
      1010 Nut Tree Rd, Vacaville, CA 95687-4172
      View Details
    • Value Estimation
      $1,055,000
      6,000 SF

      621 Orange Dr, Unit G

      MEDICAL BUILDING • 6,000 SF
      621 Orange Dr, Vacaville, CA 95687-3100
      View Details
    • Value Estimation
      $1,575,000
      10,500 SF

      1961 Alamo Dr

      MEDICAL BUILDING • 10,500 SF
      1961 Alamo Dr, Vacaville, CA 95687-6184
      View Details
    • Value Estimation
      $1,245,000
      5,400 SF

      2601 Nut Tree Rd Ste A

      MEDICAL BUILDING • 5,400 SF
      2601 Nut Tree Rd Ste A, Vacaville, CA 95687-6918
      View Details
    • Value Estimation by Request
      0.04 Acres

      2581 Nut Tree Rd Ste D

      MEDICAL BUILDING • 0.04 Acres
      2581 Nut Tree Rd Ste D, Vacaville, CA 95687-6915
      View Details
    • Value Estimation
      $730,000
      2,910 SF

      2611 Nut Tree Rd, Unit 2

      MEDICAL BUILDING • 2,910 SF
      2611 Nut Tree Rd, Vacaville, CA 95687-6939
      View Details

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    Similar Nearby for Lease

    • $13 SF/Yr
      15,750 SF

      Vacaville Office Space for Lease

      Prime Vacaville location, flexible suites available.
      1241 Alamo Dr, Vacaville, CA 95687
      View Details
    • $11 SF/Yr
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      Vacaville Office/Warehouse Space

      Single-tenant office, 4,736 sqft, Solano County
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      View Details
    • Contact for pricing

      Vacaville Commercial Land For Rent

      Commercial land available for rent near Interstate 80.
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      Retail Space in Vacaville Center

      Retail space available in a shopping center anchored by major retailers.
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      Retail Suites in Growing Area

      Retail suites available in a rapidly growing, affluent area.
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      Sun Ridge Plaza Retail Space

      High-visibility Vacaville retail space available.
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      View Details
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    Vacaville, CA 95687
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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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