1455 Oliver Rd, Fairfield, CA 94534
- Medical Office Space
- 29,536 SF
- 1.64 lot acres
Current Use by Public Records
- Green David PhD / Physician / Medical Clinic
- First Northern Bank / Bank / Loan Service
- Brian R Watson Law Offices / Law Firm
- Dr. Barbara J. Komas, MD / Pediatrician / Medical Clinic
- Raymond James Financial Services / Financial Advisor
Property Details for 1455 Oliver Rd
- Year built
- 1991
- Lot size
- 1.64 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 0150-110-030
- APU
- 150110030
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 11, 2014 | — | 1455 Oliver Road LLC | Lee Diane F Trust | Grant Deed | — |
| Dec 30, 2013 | — | Michael C W Lee | Lee Family Trust | Quit Claim Deed · related | — |
| Oct 21, 2013 | — | Lee,michael C W Tr | Lee,harry P | Affidavit Of Death · related | — |
| Dec 13, 2006 | $7,360,000 | Lee Diane F Trust | K Store | Grant Deed | $3M · Union Bank Of California |
| Oct 1, 2002 | $5,000,000 | K Store | Fairfield Investors | Grant Deed | $3.9M · Solano Bank |
| — | — | Fairfield Investors | — | Deed Of Trust · related | $532k · Sanwa Bank California |
| — | — | Fairfield Investors | — | Deed Of Trust · related | $3.1M · Sanwa Bank California |
Description
This exceptional Class A office building, located at 1455 Oliver Rd, Fairfield, CA 94534, offers 29,536 square feet of prime commercial space. The two-story building underwent a complete renovation in 2016, boasting modern improvements throughout. Currently housing three tenants under a gross lease structure, this multi-tenant property presents a compelling investment opportunity. The first floor features approximately 6,207 square feet of available space, divisible to approximately 2,316 square feet and zoned for food service or barista-style businesses. This vacant space is fully furnished. Two recent long-term leases are in place: approximately 2,684 square feet leased to First Northern Bank and approximately 4,715 square feet leased to Wells Call Injury Lawyers. The second floor comprises approximately 15,930 square feet, currently leased to Papyrus-Recycled Greetings, Inc. This property enjoys a prominent location with excellent visibility and is conveniently situated less than half a mile from I-80 via Travis Blvd. Detailed financial information, including rent rolls and operating expenses, is available upon request. This institutional-grade investment is ideal for discerning buyers seeking a high-quality, well-occupied asset in a thriving Solano County market.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,838,000
Market price range: $1.26M - $6.58M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $7,900,000 Current use
- INDUSTRIAL (GENERAL)
- $7,835,000 Change: -1% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $7,425,000 Change: -6% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Fairfield
- County
- Solano
- State
- California
- Longitude
- -122.069
- Latitude
- 38.2588
- CBSA code
- 46700
- CBSA name
- VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA
