Property profile

539 Georgia St Vallejo, CA 94590

FOR SALE
Investment properties
Property ID
US09-1051410
4,110 SF 0.15 ac lot Built 1930
Entity Owned 6-yr Hold
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Property summary

AI-generated overview

This exceptional 4,110 square foot Class C shopping center, located at 539 Georgia Street in Vallejo, California (zip code 94590), presents a unique investment opportunity. Currently vacant, this property offers significant upside potential. Built in 1890, the building boasts a rich history and retains original design elements in its residential components. The asking price is $998,000, translating to $242.82 per square foot. The property is a mixed-use building, encompassing two retail storefronts and three residential units: two one-bedroom, one-bathroom apartments and one three-bedroom, one-bathroom unit. The property is currently undergoing renovations following fire damage. This presents a buyer with the flexibility to purchase the property "as-is" and develop it according to their vision, or acquire it post-renovation. Situated on a central and highly trafficked street in downtown Vallejo, less than a block from Sonoma Boulevard, this location offers excellent visibility and accessibility. The lease type is gross, and the property is currently vacant, allowing for immediate customization and tenant selection. This is a compelling opportunity for investors seeking a high-return project in a rapidly developing area. The property's central location and mixed-use nature provide a strong foundation for future growth and profitability.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1930
Total area 4,110 SF
Lot 0.15 ac (6,500 SF)
APN 0056-196-060
UPID US09-1051410

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

539 Georgia St Vallejo, CA 94590
Vallejo metro Census 250900 VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

since 2020
Last sale
$288,000
7 recorded transactions
2020
Price N/A
2013
Price N/A
2013
$288,000
2012
Price N/A
2006
Price N/A
2000
$200,000
2000
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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