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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Medical Office Space
2450 Martin Rd Fairfield, CA 94534-1018
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-0080511
Property summary
AI-generated overview
Martin Plaza, located at 2450 Martin Rd, Fairfield, CA 94534, offers a premier office space opportunity in Solano County. This Class A property comprises two three-story buildings, totaling 25,000 square feet. Currently, 6,595 square feet are available for lease. The buildings feature elevators and cater to diverse office needs, encompassing medical, executive, and traditional office spaces. The multiple tenancy structure provides flexibility for businesses of various sizes. Situated in a convenient location, Martin Plaza benefits from proximity to banks, restaurants, and retail establishments, enhancing employee convenience and accessibility. Its strategic position between San Francisco and Sacramento, with easy freeway access, makes it an ideal location for employees commuting from various areas. The property is in Solano County and offers a total of 25,000 square feet of office space across two buildings. One available space is 300 sq ft.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1994
Total area
10,145 SF
Lot
0.68 ac (29,621 SF)
APN
0156-130-280
UPID
US09-0080511
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
-
Aerotek Employment Agency
-
Sutter Medical Foundation Charitable Organization
-
EV Connect Charging Station Electric Vehicle Charging Station
-
Shell Recharge Charging Station Electric Vehicle Charging Station
-
ACES ABA - Autism Therapy Center Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$1.40M
Owner & transaction history
Martin Plaza Associates LP · 4 yrs held
Martin Plaza Associates LP
since 2021
7 recorded transactions
Zoning & alternative use
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±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
$138 / 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
$13,150
Tax year 2023
Assessed value
$1,154,627
Assessed 2023
Previous assessed
$1,154,627
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$398,237
Assessed improvement
$756,390
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1994
Heating
NONE
Stories
2
Total area
10,145 SF
Lot
0.68 ac (29,621 SF)
APN
0156-130-280
UPID
US09-0080511
Jurisdiction
SOLANO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1994
Heating
NONE
Stories
2
Lot
0.68 ac
Current owner
From public records · entity-resolved
Martin Plaza Associates LP
Entity
Mailing address
1261 TRAVIS BLVD STE #330, FAIRFIELD, CA 94533-4812
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2021
—
Martin Plaza Associates LP
Martin Plaza Associates LP
Intrafamily Transfer
related
$7,980,000 · First Northern Bank Of Dixon
Nov 3, 2020
—
Iwg-tla Telecom LLC
—
Deed
related
$763,500,000 · Deutsche Bk Tr Co Americas
Jan 11, 2018
—
Martin Place LLC
—
Deed
related
$2,000,000 · Five Star Bank
May 25, 2017
—
Martin Place LLC
—
Trustees Deed
related
$260,000 · Community Business Bk
Mar 10, 2016
—
Martin Place LLC
Wiseman Co LLC
Grant Deed
—
Jan 5, 2016
$1,100,000
Wiseman Co LLC
Sutter Valley Medical Foundati
Grant Deed
—
Nov 30, 2009
—
Sutter Medical Foundation
Sutter Medical Foundation
Quit Claim Deed
related
—
Aug 10, 2007
$3,250,000
Sutter Regional Medical Foun
Specialists Medical Office
Grant Deed
—
Oct 21, 1994
—
Specialists Medical Office Bui
Wiseman Co
Grant Deed
$1,755,000 · Scott Valley Bank
—
—
Specialists Medical Office Bld
—
Deed Of Trust
related
$1,755,000 · Westamerica Bank
—
—
Iwg-tla Telecom LLC
—
Deed Of Trust
related
$763,500,000 · Deutsche Bk Tr Co Americas
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.
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