709 Admiral Callaghan Ln Vallejo, CA 94591
For Sale
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This exceptional 15,716 square foot commercial property, situated on a 1.08-acre lot in Vallejo, CA, presents a unique redevelopment opportunity. Located at 709 Admiral Callaghan Lane, this fee simple estate boasts a prime location directly off I-80, offering unparalleled visibility and accessibility. The single-story, 1973-built building is currently vacant, providing a blank canvas for a variety of uses. With a permitted Regional Commercial zoning, possibilities include mixed-use, multifamily, retail, hospitality, or QSR establishments. The property features one loading dock and one dock-high door, along with a 22-foot ceiling height. The asking price is $2,900,000, translating to $158.70 per square foot. Land value alone is $53 per square foot. The property's proximity to major retailers like Costco, Target, and numerous other businesses ensures high traffic and customer visibility. Convenient freeway access from both northbound and southbound I-80 (Exits 32A, 32B, and 32) further enhances its appeal. This property is part of two contiguous parcels, offering the potential for expansion. The APN is 0069-340-130, and the zip code is 94591. This is a value-add investment opportunity suitable for owner-users seeking a high-impact location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.