New search
Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Industrial properties
393 Watt Dr A Fairfield, CA 94534-4207
Individually Owned
~
Est. High Equity
Property ID
US10-2877421
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1989
Total area
4,640 SF
Lot
0.41 ac (17,888 SF)
APN
0180-140-270
UPID
US10-2877421
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
-
Experience Church North Bay Church
-
Sohal Transport Corp Freight Service Logistics Company
-
NorCal Mobile Truck Services Auto Repair Shop
-
Sohal Truck & Tires Auto Repair Shop
-
Goose Flock Photography Wedding Service Photography Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
$815k
Comparable Approach
Comparable
$572k
Blend (final)
Blend
$610k
Owner & transaction history
Lewis C Mathews & Leslie C Mathews
Lewis C Mathews & Leslie C Mathews
since 2026
6 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
$445,000
CAP Approach
CAP Return
Estimation
6%
$885,000
6.5%
$815,000
7%
$755,000
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$131 / 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
$14,259
Tax year 2023
Assessed value
$1,261,241
Assessed 2023
Previous assessed
$1,261,241
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$215,883
Assessed improvement
$1,045,358
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1989
Heating
NONE
Stories
1
Total area
4,640 SF
Lot
0.41 ac (17,888 SF)
APN
0180-140-270
UPID
US10-2877421
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
1989
Heating
NONE
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Lewis C Mathews & Leslie C Mathews
Individual
Mailing address
1705 SAINT EMILION LN, BRENTWOOD, CA 94513-4250
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2026
$625,000
Lewis C Mathews & Leslie C Mathews
Peter M Ales
Grant Deed
—
Apr 30, 2008
$1,900,000
Mathews L C & L C Living Trust
Scherner,steven M & Carol A
Grant Deed
$980,000 · Westamerica Bank
Nov 21, 2001
—
Steven M Scherner
Commercial Dev Consulting Svcs
Grant Deed
$1,237,500 · Westamerica Bank
—
—
Commercial Development Consult
—
Deed Of Trust
related
$190,000 · Miriam
—
—
Steven M Scherner
—
Deed Of Trust
related
$250,000 · Napa Community Bank
—
—
Steven M Scherner
—
Deed Of Trust
related
$200,000 · Appleby Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 393 Watt Dr, Unit A?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
