Technical
Financial
Distress signals
Property profile

1765 Broadway St Vallejo, CA 94589

OFF-MARKET
Commercial land
Property ID
US09-4249601
60,597 SF 3.21 ac lot Built 1990
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional development opportunity presents a fully entitled 111-unit apartment project situated on a sizable 4-acre lot in Vallejo, California. The project is planned as a garden-style, surface-parking design, offering significant flexibility for the developer. The zoning allows for a 100% market-rate development, a fully affordable housing project, or a blended mix of both, catering to a wide range of investment strategies and community needs. Priced at $4,995,000, this represents a compelling investment opportunity, particularly given the site's location within a Qualified Opportunity Zone (QOZ), offering substantial tax advantages for eligible investors. The property's address is 1765 Broadway, Vallejo, CA 94589, within Solano County. The seller is open to exploring joint ventures or creative financing solutions to facilitate a smooth and mutually beneficial transaction. This is a rare chance to acquire a fully entitled project, eliminating significant pre-development hurdles and accelerating the path to construction and revenue generation. The project's design and location offer strong potential for high occupancy rates and attractive returns. Detailed plans and specifications are available upon request.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1990
Total area 60,597 SF
Lot 3.21 ac (139,827 SF)
Zoning code CP AND IU
APN 0052-160-100
UPID US09-4249601

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing Store

Location

1765 Broadway St Vallejo, CA 94589-2262
Vallejo metro Census 251802 VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.85M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.75M
Blend (final) Blend
$2.53M

Owner & transaction history

since 2023
Last sale
$2.2M
6 recorded transactions
2023
$2.2M
2015
$2.0M
2006
$2.9M
2005
Price N/A
1998
Price N/A
1969
Price N/A

Zoning & alternative use

CP AND IU · Vallejo, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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