702 Delaware St Fairfield, CA 94533-6224
- Investment properties
- 866 SF
- 0.17 lot acres
Current Use by Public Records
- Investment properties
Property Details for 702 Delaware St
- Year built
- 1928
- Lot size
- 0.17 lot acres
- Property size
- 866 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 0030-246-070
- APU
- 30246070
Description
This exceptional mixed-use property presents a rare investment opportunity in the heart of Fairfield, California. Situated on a desirable 0.17-acre corner lot with alley access, this offering encompasses two buildings: a single-family home located at 702 Delaware Street and a commercial building situated at 505 Jefferson Street. The square footage of both buildings requires verification by the buyer. This strategic location offers unparalleled convenience, just two blocks from West Texas Street and directly across from the County Building Parking Garage. The property's proximity to major transportation arteries, Highway 12 and Highway 80, ensures easy access throughout the region. The vibrant revitalization of downtown Fairfield creates an exciting environment for future growth and development. This property's versatility allows for a multitude of uses, making it an ideal investment for both seasoned and aspiring entrepreneurs. Further details regarding zoning and potential uses can be found at [http://www.codepublishing.com/CA/Fairfield25/Fairfield2506.html#25.23](http://www.codepublishing.com/CA/Fairfield25/Fairfield2506.html#25.23). Don't miss this chance to own a piece of Fairfield's exciting future. The asking price for this unique property is $500,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $330,000
- 7%
- $385,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $390,000
- Retail
- $290,000
- Mixed-Use
- $295,000
- Hospitality
- $325,000
- Educational
- $390,000
- Residential Income
- $365,000
- Energy
- $385,000
- Income-Based Land
- $385,000
- Food Service
- $385,000
Location Insight
- Map
- Local Demand
- City
- Fairfield
- County
- Solano
- State
- California
- Longitude
- -122.042
- Latitude
- 38.2473
- CBSA code
- 46700
- CBSA name
- VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA