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Property profile & analytics
FOR LEASE
Flex space
4733 Central Way Fairfield, CA 94534
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-1323450
For Lease
1 / 3
$2,950,000
4733 Central Way, Fairfield, CA 94534
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Property summary
AI-generated overview
This exceptional industrial property, located at 4733-B & 4735 Central Way in Fairfield, California, offers a total of 35,366 square feet of warehouse space. The property is zoned (CS) Service Commercial and sits on a generous 2.48-acre lot. Built in 1979, the building features multiple tenancies, with individual units ranging from a minimum of 2,840 square feet to a maximum contiguous space of 3,599 square feet. Currently, 6,439 square feet of warehouse space is available. Each unit is equipped with 200 Amps @ 120/208 Volts of power and four dock-high doors for efficient loading and unloading. The property's convenient location in Solano County, with the address 4733 Central Way, Fairfield, CA 94534 (APN: 0044-080-370), provides easy access to major transportation routes. This is an excellent opportunity for businesses seeking flexible and functional warehouse space in a prime location. The property's size and layout make it suitable for a variety of industrial uses. Contact us today to learn more about this exceptional opportunity.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1978
Total area
7,200 SF
Lot
0.17 ac (7,200 SF)
APN
0044-080-370
UPID
US09-1323450
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
-
Cordelia Gun Exchange Gun Shop
-
Marble Fino, Inc. General Contractor Renovation Specialist
-
Anyone's Off-Road & Custom Trucks Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.95M
Owner & transaction history
Fairfield Central Way LLC · 5 yrs held
Fairfield Central Way LLC
since 2021
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.6M
+88.9%
Apartment house (5+ units)
$2.9M
+54.3%
Restaurant
$2.7M
+38.8%
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
$3,155,000
ML approach
$3,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,910,000
Current use
COMMERCIAL (GENERAL)
$3,610,000
Change: +89% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,945,000
Change: +54% · Conversion: Difficult
RESTAURANT
$2,650,000
Change: +39% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,025,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$1,925,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,810,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$2.95M
Range $2.66M – $3.25M · ±10% · vs last sale $2.73M (May 24 2021)
Last sale anchor
$2.73M
May 24 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
$410 / 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
$9,135
Tax year 2023
Assessed value
$810,471
Assessed 2023
Previous assessed
$810,471
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$406,796
Assessed improvement
$403,675
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Lease
Year built
1978
Heating
NONE
Stories
3
Total area
7,200 SF
Lot
0.17 ac (7,200 SF)
APN
0044-080-370
UPID
US09-1323450
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$3.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.9M
RESTAURANT
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.8M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1978
Heating
NONE
Stories
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
Fairfield Central Way LLC
Entity
Mailing address
250 W MAIN ST STE #101, WOODLAND, CA 95695-3686
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
Dec 28, 2021
—
Fairfield Central Way LLC
—
Deed
related
$2,000,000 · California Bank Of Commerce
May 24, 2021
$2,725,000
Fairfield Central Way LLC
Mission Mile LLC
Grant Deed
—
Jul 31, 2015
$3,000,000
Mission Mile LLC
26 Wpi Central Way LLC
Grant Deed
—
Feb 25, 2013
—
26 Wpi Central Way LLC
—
Deed Of Trust
related
$1,130,000 · First Republic Bank
Sep 5, 2012
$550,000
26 Wpi Central Way LLC
Old Republic Title Co
Trustees Deed
related
—
Jul 3, 2012
$550,000
Warehouse Properties INC
Old Republic Title Co
Trustees Deed
—
Jan 18, 2008
—
Central Coml Building LLC
Hartinger,marcus
Grant Deed
related
—
Jun 29, 2001
—
Marcus Hartinger
Hartinger,monica A
Quit Claim Deed
related
—
—
—
Marcus Hartinger
—
Deed Of Trust
related
$365,000 · Bruce Conzelman
—
—
Marcus Hartinger
—
Deed Of Trust
related
$950,000 · Cushman Capital Corp
—
—
Central Coml Building LLC
—
Deed Of Trust
related
$700,000 · Fremont Bank
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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