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    2070 Solano Ave Vallejo, CA 94590-6457
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    Property profile & analytics

    2070 Solano Ave, Vallejo, CA 94590-6457

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    • Hotels
    • 30,755 SF
    • 1.00 lot acres
    Off-Market
    Last Sale Oct 17, 2024
    $4,900,000
    Property ID
    US09-1072434
    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
    $3,905,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Super 8 by Wyndham Vallejo/Napa Valley / Hotel & Motel
    • Instant Payday Loans / Loan Service
    • Hotel casa / Hotel & Motel / Bed & Breakfast

    Property Details for 2070 Solano Ave

    Year built
    1971
    Lot size
    1.00 lot acres
    Property type
    Hotels
    Property subtype
    Motels
    APN
    0057-204-170
    APU
    57204170

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 17, 2025 $4,900,000 Kgs Hotel Group LLC Parijat Vallejo LP Grant Deed $4M · Parijat Vallejo LP
    May 18, 2023 — Parijat Vallejo LLC Parijat Investments LLC Intrafamily Transfer · related —
    Feb 17, 2023 — Parijat Investments LLC — Deed · related $19.4M · Avana Capital LLC
    Jan 11, 2023 $5,904,689 Parijat Investments LLC Bjh Investments LLC Trustees Deed · related —
    Jan 17, 2018 — Bjh Investments LLC — Deed · related $8.2M · State Bank Of India (california)
    Nov 23, 2016 — Bjh Investments LLC — Deed · related $1.5M · Arvind Ved
    Dec 21, 2011 $2,225,000 Bjh Investments LLC Jashvant M Patel Grant Deed $2.1M · Focus Business Bank
    Apr 26, 2011 $3,900,000 Jashvant M Patel Patel,anilkumar M & Bhanuben A Grant Deed · related —
    Apr 3, 2000 $2,200,000 Anilkumar M Patel Lodging Investors Grant Deed $1.7M · Coast Commercial Bank
    Jul 2, 1998 $1,950,000 Lodging Investors Golden Creek Property INC Grant Deed $1.4M · Bank Of Commerce
    Aug 15, 1996 $124,500 Golden Creek Property INC Hierl,donald T Grant Deed $85k · Seller
    Jan 10, 1995 $310,000 Donald T Hierl Ahn,hyun J & Byong Y Grant Deed $1.2M · Seller
    May 11, 1990 $1,400,000 Ahn,hyun J Pan American Sav Trustees Deed $1.1M · Seller
    Jan 12, 1990 $998,260 Pan American Sav Doveraa,clarence Trustees Deed · related —
    Jan 12, 1990 $542,190 Pan American Sav Oroz,francisco Trustees Deed · related —
    — — Bjh Investments LLC — Deed Of Trust · related $1.5M · Arvind Ved
    — — Bjh Investments LLC — Deed Of Trust · related $2.2M · Focus Business Bank
    — — Hyun J Ahn — Deed Of Trust · related $100k · Marcus & Millichap Real Estate
    — — Hyun J Ahn — Deed Of Trust · related $700k · Sacramento Commercial Bank
    — — Bjh Investments LLC — Deed Of Trust · related $100k · Gagan R & Rama S Gulati
    — — Bjh Investments LLC — Deed Of Trust · related $3.4M · Mortgage Cap Dev
    — — Hyun J Ahn — Deed Of Trust · related —
    — — Anilkumar M Patel — Deed Of Trust · related $150k · Individual
    — — Anilkumar M Patel — Deed Of Trust · related $140k · Arvind V & Harshika A Ved
    — — Lodging Investors — Deed Of Trust · related $350k · Golden Creek Property INC
    — — Hyun J Ahn — Deed Of Trust · related $495k · Cds Steamboat Corp
    — — Bjh Investments LLC — Deed Of Trust · related $1.2M · Arvind Ved

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,645,000
      ML approach
      $2,715,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,730,000
      6.5%
      $4,365,000
      7%
      $4,055,000

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $6,215,000
      MEDICAL BUILDING
      $4,050,000
      AUTO REPAIR, GARAGE
      $3,815,000
      COMMERCIAL (GENERAL)
      $2,845,000
      RETAIL STORES
      $2,725,000
      WAREHOUSE, STORAGE
      $2,525,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Vallejo
    County
    Solano
    State
    California
    Longitude
    -122.23
    Latitude
    38.1053
    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
    $57,163
    $513,090
    $2,462,972
    $2,976,062
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      211 Lincoln W Rd

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      103 Lincoln W Rd

      HOTEL/MOTEL
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    • Value Estimation
      $1,055,000
      24,538 SF

      4 Mariposa St

      HOTEL/MOTEL
      4 Mariposa St, Vallejo, CA 94590-6471
      View Details

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      539-543 Georgia St

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      Downtown Retail Condominiums with Basement

      Two renovated commercial condominiums in historic building with high-traffic location.
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      Vallejo Commercial Condominiums For Sale

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      Vallejo Waterfront Industrial Property

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    Similar Nearby for Lease

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      Retail Space in Vallejo Center

      Retail space available in a busy Vallejo shopping center.
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      Vallejo Retail Space For Rent

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    • $3,400 /Mo
      12,675 SF

      Versatile Mixed-Use Space in Vallejo

      Adaptable retail, showroom, and warehouse space in Downtown Vallejo.
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      View Details
    • Contact for pricing
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      Retail Space in Vallejo, CA

      Retail space available for lease in Vallejo, California.
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      View Details
    • Contact for pricing

      High-Traffic Corner Land for Rent

      Paved and fenced land with excellent visibility available for rent.
      810 Curtola Pkwy, Vallejo, CA 94590
      View Details

    Property Visit Statistics

    • Visits by month
      15.0k
    • Visitors by month
      10.2k
    • Avg Time on site
      13 min
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    Vallejo, CA 94590-6457
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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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    2070 Solano Ave, Vallejo, CA, 94590
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