Property profile

598 Parker Rd Fairfield, CA 94533

OFF-MARKET
Turn key restaurants
Property ID
US09-1511421
1,144 SF 0.15 ac lot Built 1959
Trust Owned 8-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is configured for conventional restaurant use and has an executed lease agreement with more than seven years remaining on the primary term, along with renewal options consisting of three additional five-year options and one additional 4.5-year option. The lease provides for annual rent increases of 1.50% throughout the primary term and through the option periods. Beyond the lease duration and escalation provisions, the listing information did not specify the building’s physical condition, size, or any restaurant-specific improvements.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1959
Total area 1,144 SF
Lot 0.15 ac (6,500 SF)
APN 0174-060-060
UPID US09-1511421

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Take-out & Catering

Location

598 Parker Rd Fairfield, CA 94533-9000
Fairfield metro Census 252801 VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2018
7 recorded transactions
2018
Price N/A
2018
$910,000
2018
$662,000
2014
$875,000
2014
Price N/A
2001
$375,500
2000
$194,500

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
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 598 Parker Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message