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Property profile & analytics
FOR LEASE
Flex space
167 Grobric Ct Fairfield, CA 94534
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1360880
For Lease
1 / 3
$3,260,000
167 Grobric Ct, Fairfield, CA 94534
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2009
Total area
20,385 SF
Lot
1.51 ac (65,775 SF)
Zoning code
LTD IND
APN
0044-080-230
UPID
US09-1360880
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
-
Greenberry Industrial Construction Company
-
UCI Construction, Inc. Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.59M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.26M
Owner & transaction history
Wilmington Industrial LLC · 7 yrs held
Wilmington Industrial LLC
since 2018
7 recorded transactions
Zoning & alternative use
LTD IND · Fairfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,880,000
6.5%
$3,585,000
7%
$3,330,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,405,000
Current use
AUTO REPAIR, GARAGE
$5,125,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$3.26M
Range $2.93M – $3.59M · ±10%
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
$160 / 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
$34,691
Tax year 2023
Assessed value
$3,055,773
Assessed 2023
Previous assessed
$3,055,773
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$857,759
Assessed improvement
$2,198,014
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Lease
Year built
2009
Heating
NONE
Stories
3
Total area
20,385 SF
Lot
1.51 ac (65,775 SF)
Zoning code
LTD IND
APN
0044-080-230
UPID
US09-1360880
Jurisdiction
SOLANO
Zoning & alternative use
LTD IND · Fairfield, CA
Zoning LTD IND · permitted uses
LTD IND · Fairfield, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.4M
AUTO REPAIR, GARAGE
Est. value
$5.1M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
2009
Heating
NONE
Stories
3
Lot
1.51 ac
Current owner
From public records · entity-resolved
Wilmington Industrial LLC
Entity
Mailing address
30011 IVY GLENN DR STE #116, LAGUNA NIGUEL, CA 92677-5016
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2018
$2,850,000
Wilmington Industrial LLC
Foursons LLC
Grant Deed
$400,000 · Miscellaneous Ins Co
Aug 14, 2008
—
Foursons LLC
Brian Schneider
Grant Deed
$250,000 · North Valley Bank
Dec 31, 2007
$550,000
Brian Schneider
Wwch 1 LLC
Grant Deed
$250,000 · Wwch 1 LLC
Dec 31, 2007
—
Brian Schneider
Schneider,suzy
Quit Claim Deed
related
—
Mar 5, 2004
—
Wwch 1 LLC
Goodwill Industries Of The Gre
Grant Deed
related
—
Sep 21, 1990
$235,000
Industr Goodwill
Recas Co
Grant Deed
—
—
—
Wwch 1 LLC
—
Deed Of Trust
related
$150,000 · Cindy Clay
—
—
Brian R Schneider
—
Deed Of Trust
related
$76,300 · Private Individual
—
—
Foursons LLC
—
Deed Of Trust
related
$1,065,000 · Bay Area Emp Development
—
—
Foursons LLC
—
Deed Of Trust
related
$1,300,000 · North Valley Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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