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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Flex space
69 Commerce Pl Vacaville, CA 95687-4103
Trust Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-1632922
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2006
Total area
4,944 SF
Lot
0.82 ac (35,719 SF)
APN
0135-351-360
UPID
US09-1632922
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
-
SERVPRO of Vacaville / Dixon / Fairfield / Davis Hardware & Home Improvement Construction Company
-
Thor Doors & Construction Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$455k
CAP Approach
CAP
$730k
Comparable Approach
Comparable
$627k
Blend (final)
Blend
$715k
Owner & transaction history
Thornton,matthew R & C S Trust · 9 yrs held
Thornton,matthew R & C S Trust
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+19.3%
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 Vacaville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vacaville 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
$455,000
CAP Approach
CAP Return
Estimation
6%
$790,000
6.5%
$730,000
7%
$675,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$840,000
Current use
COMMERCIAL (GENERAL)
$1,000,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$145 / 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
$16,300
Tax year 2023
Assessed value
$1,397,400
Assessed 2023
Previous assessed
$1,397,400
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$377,400
Assessed improvement
$1,020,000
Applied tax rate
6.0000
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
Off-Market
Year built
2006
Heating
NONE
Stories
1
Total area
4,944 SF
Lot
0.82 ac (35,719 SF)
APN
0135-351-360
UPID
US09-1632922
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
$840,000
COMMERCIAL (GENERAL)
Est. value
$1.0M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
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
Stories
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Thornton,matthew R & C S Trust
Trust
Mailing address
318 LOCKEFORD SPGS CT, VACAVILLE, CA 95688-8747
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2022
—
Cnc Elvis LLC
—
Deed
related
$650,000 · Greater Sacramento Certified Development
Sep 27, 2016
$790,000
Thornton,matthew R & C S Trust
Bte Investments LLC
Grant Deed
$632,000 · Bank Of The West
Mar 27, 2007
$748,000
Bte Investments LLC
Andrews,joseph E & Margaret A
Grant Deed
$728,000 · Solano Bank
Aug 25, 1998
—
Anthony Merlonghi
Merlonghi,genie L
Quit Claim Deed
related
—
Aug 25, 1998
$80,000
Andrews,joseph E & Margaret R
Merlonghi,anthony
Trustees Deed
$65,000 · Seller
Dec 12, 1989
$70,000
France Merlonghi
Oakes,merton D
Grant Deed
—
—
—
Joseph E Andrews
—
Deed Of Trust
related
$65,000 · First Northern Bank Of Dixon
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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