Financial
Distress signals
Property profile

2302 Courage Dr Fairfield, CA 94533

FOR SALE
Flex space
Property ID
US09-1046967
83,990 SF 4.85 ac lot Built 2000
Last sale Sep 2015 · $9,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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2302 Courage Dr, Fairfield, CA 94533 For Sale
$83,420 83,990 SF
2302 Courage Dr, Fairfield, CA 94533
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Property summary

AI-generated overview

This former food production facility is configured for commercial use with a rear-loaded layout. The main building is approximately 200 feet deep by 440 feet wide and includes approximately 6,000 square feet of office space along with an additional structural mezzanine area of approximately 5,000 square feet. The property sits on a lot approximately 420 feet deep by 560 feet wide and includes a roof-mounted solar system.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$135k
Tax billed · 2023
Assessed value$11.09M
Assessed land$1.99M
Assessed improvement$9.10M
Effective rate1.21%

Value estimate

· Sep 2026
$13.33M
$11.99M – $14.66M
CAP approach$14.77M
Submarket $/SF estimate$15.08M
NOI build-up
Gross scheduled income$1.42M
Vacancy & credit loss−$60k
Operating expenses−$409k
NOI · 1,142.70% cap applied$953k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$137/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$90 – $186

Cap rate analysis

How does the asset earn?
1,142.70%
$953k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
INDUSTRIAL
JurisdictionSOLANO

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant14.3
Spa & Massage11.0
Hair Salon10.3

Location

2302 Courage Dr Fairfield, CA 94533
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2385 Watney, Fairfield, CA 94533-6746 $11,691,000 Oct 2024 95,200 SF
1 Jelly Belly, Fairfield, CA 94533-6722 $30,120,500 Oct 2024 219,672 SF
2500 Huntington, Fairfield, CA 94533 $19,750,000 Dec 2023 185,266 SF
2100 Huntington, Fairfield, CA 94533-9731 $5,750,000 May 2021 60,000 SF
1336 Woolner, Fairfield, CA 94533-5927 $1,000,000 Nov 2019 20,320 SF
1801 Walters, Fairfield, CA 94533-2758 $3,633,000 Apr 2019 15,936 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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