1007 Branciforte StVallejo, CA 94590

Property Details for 1007 Branciforte St

Year built

1951

Lot size

0.17 AC

Property size (Sq ft)

8,044 SF

Property type

Retail properties

Property subtype

Other automotive properties

APN

0055-061-200

APU

55061200

Description

This exceptional 0.17-acre industrial property at 1007 Branciforte Street in Vallejo, CA, presents a unique investment opportunity. Located just one block from the Mare Island Bridge in the vibrant Vallejo Waterfront area, and situated within an Opportunity Zone, this property offers significant advantages. The existing building, previously used as an auto dealership showroom, is currently configured as a multi-business facility encompassing auto repair, smog inspection, bodywork, and paint services. The well-equipped building features seven convenient roll-up doors, a vehicle lift, two paint booths, a recently installed scroll compressor, and a substantial 200-amp three-phase electrical system. A key asset is the integrated wash bay complete with a sand trap filtration system. The property enjoys high visibility and easy access from Tennessee Street, providing convenient proximity to downtown Vallejo, Mare Island, the San Francisco Ferry, and numerous restaurants and attractions. This versatile property is ideally suited for owner-occupiers seeking a turnkey operation, developers envisioning future expansion, investors looking for a strong return, or entrepreneurs seeking a well-established business platform. The property's location, existing infrastructure, and diverse operational history make it a compelling investment prospect in a rapidly growing area. The asking price is $880,000.

• CAP approach

  CAP return

  Valuation

  6%

  $3,576,476

  6.5%

  $3,301,362

  7%

  $3,065,551

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,263,594

  Geo Method

  $5,653,751

• Alternative Use

  Use

  Valuation

  Residential

  $2,784,823

  Hospitality

  $2,550,883

  Educational

  $2,122,304

  Medical

  $2,195,294

  Retail

  $3,301,362

Location Insight

City

Vallejo

County

Solano

State

California

Latitude

38.1095

Longitude

-122.262

CBSA code

46700

CBSA name

VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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