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Property profile & analytics
OFF-MARKET
Estimated value
$11,865,000
Medical Office Space
2470 Hilborn Rd Fairfield, CA 94534-1100
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-2946822
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2014
Total area
30,138 SF
Lot
0.35 ac (15,321 SF)
APN
0156-490-020
UPID
US09-2946822
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
-
Dr. Justin Nast Physician
-
Clothes Shoes Recycle Recycling Center Waste Management Facility
-
HIGHLAND CORPORATE CENTER Business Service Center Corporate Office
-
SemaConnect Charging Station Electric Vehicle Charging Station
-
Henry Poon, MD Occupational Health Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.97M
CAP Approach
CAP
$7.98M
Comparable Approach
Comparable
$11.50M
Blend (final)
Blend
$11.87M
Owner & transaction history
Fairfield Mob LLC · 4 yrs held
Fairfield Mob LLC
since 2021
Last sale
$13.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$15.1M
+87.3%
Apartment house (5+ units)
$12.3M
+53.0%
Restaurant
$11.1M
+37.6%
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
$15,050,000
ML approach
$9,965,000
CAP Approach
CAP Return
Estimation
6%
$8,640,000
6.5%
$7,980,000
7%
$7,410,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$8,065,000
Current use
COMMERCIAL (GENERAL)
$15,100,000
Change: +87% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$12,335,000
Change: +53% · Conversion: Moderate
RESTAURANT
$11,095,000
Change: +38% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$8,485,000
Change: +5% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$7,995,000
Change: -1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,580,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$11.87M
Range $10.68M – $13.05M · ±10% · vs last sale $13.00M (Jul 19 2021)
Last sale anchor
$13.00M
Jul 19 2021
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
$394 / 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
$127,089
Tax year 2023
Assessed value
$11,342,400
Assessed 2023
Previous assessed
$11,342,400
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$387,600
Assessed improvement
$10,954,800
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
2014
Heating
NONE
Stories
2
Total area
30,138 SF
Lot
0.35 ac (15,321 SF)
APN
0156-490-020
UPID
US09-2946822
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$8.1M
COMMERCIAL (GENERAL)
Est. value
$15.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.3M
RESTAURANT
Est. value
$11.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.5M
INDUSTRIAL (GENERAL)
Est. value
$8.0M
AUTO REPAIR, GARAGE
Est. value
$7.6M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
2014
Heating
NONE
Stories
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
Fairfield Mob LLC
Entity
Mailing address
425 7TH ST NE, CHARLOTTESVILLE, VA 22902-4723
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2025
—
Fairfield Mob LLC
—
Deed
related
$19,000,000 · Wintrust Bank NA
Aug 28, 2025
—
Healthcore 2460 Hilborn Fairfield L
—
Deed
related
$22,010,000 · Umb Bank NA
Jul 19, 2021
$13,000,000
Fairfield Mob LLC
Westside Professional Center II LP
Grant Deed
$200,000 · Capital One NA
Oct 6, 2011
—
Westside Prof Ctr II
Westside Professional Center I
Quit Claim Deed
—
Sep 15, 2011
$3,100,000
Westside Professional Center I
Sterling Svgs Bk
Grant Deed
—
May 6, 2011
—
Sterling Svgs Bk
Highland Fairfield Center LLC
Deed In Lieu Of Foreclosure
related
—
Apr 14, 2011
—
Highland Fairfield Center LLC
Diepenbrock Capital Invs LLC
Grant Deed
—
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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