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Property profile & analytics
FOR LEASE
Medical Office Space
5030 Business Center Dr Fairfield, CA 94534
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-3274489
For Lease
1 / 2
$12 SF/Yr
5030 Business Center Dr, Fairfield, CA 94534
View Listing →
Property summary
AI-generated overview
This exceptional Class A office building, constructed in 2006 and renovated in 2022, offers 48,000 square feet of versatile space in Fairfield, CA. Located at 5030 Business Center Drive, this single, three-story building boasts 13-foot ceilings and provides multiple tenancy options, with a minimum divisible space of 924 square feet and a maximum contiguous space of 924 square feet
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Total area
47,835 SF
Lot
2.75 ac (119,790 SF)
APN
0148-280-480
UPID
US09-3274489
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
-
Waterview Dental Care Dental Office
-
Dr. Ravneet Dhugga, DDS Dental Office
-
Comprehensive Psychiatric Services Physician
-
Dr. R Bansal, MD Physician
-
Cardiology - UCSF Benioff Children's Hospital Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$23.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$18.25M
Blend (final)
Blend
$23.29M
Owner & transaction history
Gv Executive Center LLC · 2 yrs held
Gv Executive Center LLC
since 2024
Last sale
$23.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$24.0M
+87.3%
Apartment house (5+ units)
$19.6M
+53.0%
Restaurant
$17.6M
+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
$23,285,000
ML approach
$23,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$23,970,000
Change: +87% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$19,575,000
Change: +53% · Conversion: Moderate
RESTAURANT
$17,610,000
Change: +38% · Conversion: Difficult
Blend value · Realmo final
$23.29M
Range $20.96M – $25.61M · ±10% · vs last sale $23.29M (Mar 19 2024)
Last sale anchor
$23.29M
Mar 19 2024
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
$487 / 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
$180,346
Tax year 2023
Assessed value
$15,014,381
Assessed 2023
Previous assessed
$15,014,381
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$3,053,707
Assessed improvement
$11,960,674
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
For Lease
Year built
2006
Heating
NONE
Total area
47,835 SF
Lot
2.75 ac (119,790 SF)
APN
0148-280-480
UPID
US09-3274489
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
COMMERCIAL (GENERAL)
Est. value
$24.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$19.6M
RESTAURANT
Est. value
$17.6M
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
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
2006
Heating
NONE
Lot
2.75 ac
Current owner
From public records · entity-resolved
Gv Executive Center LLC
Entity
Mailing address
89 DAVIS RD STE #100, ORINDA, CA 94563-3032
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2024
—
Gv Executive Center LLC
Patterson Real Estate Services LP
Intrafamily Transfer
related
—
Aug 23, 2022
$23,285,000
Patterson Real Estate Services LP
Green Valley Executive Center LP
Grant Deed
$14,000,000 · Columbia State Bank
Jan 15, 2020
—
Green Vly Executive Ctr LP
—
Deed
related
$14,000,000 · Merchants Bank/commerce
Nov 2, 2017
—
Green Valley Executive Center
—
Deed
related
$11,800,000 · Rabobank
May 26, 2005
—
Green Valley Executive Center
Redevelopment Agency Of City Fairfi
Grant Deed
$732,056 · Redevelopment Agency City Fairfiel
—
—
Green Valley Executive Center
—
Deed Of Trust
related
$9,000,000 · Rabobank
—
—
Green Valley Executive Center
—
Deed Of Trust
related
$325,000 · Kenneth & Joanne Freer
—
—
Green Vly Executive Ctr LP
—
Deed Of Trust
related
$14,000,000 · Merchants Bank/commerce
—
—
Green Valley Executive Center
—
Deed Of Trust
related
$400,000 · Richard T & Patricia M Yerian
—
—
Green Valley Executive Center
—
Loan Modification
related
$9,968,565 · Rabobank
—
—
Green Valley Executive Center
—
Deed Of Trust
related
$11,800,000 · Rabobank
—
—
Green Valley Executive Center
—
Deed Of Trust
related
$350,000 · Louis Caretti
—
—
Green Valley Executive Center
—
Deed Of Trust
related
$8,581,157 · Us Bank NA
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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