533 Carolina StVallejo, CA 94590

Property Details for 533 Carolina St

Year built

1900

Lot size

0.15 AC

Property size (Sq ft)

5,520 SF

Property type

Warehouses

APN

0056-163-060

APU

56163060

Description

This exceptional mixed-use property, located at 533 Carolina Street in Vallejo, California, presents a unique investment opportunity. Situated on a 0.15-acre lot (6,500 square feet), the building offers 5,520 square feet of versatile space currently configured as a warehouse, auto repair shop, and tire store. Its strategic location, just two blocks from downtown Vallejo, ensures high visibility and accessibility. The building features two 10-foot-10-inch high roll-up doors, one facing Carolina Street and the other conveniently located on Kissell Alley, just two doors from Sonoma Boulevard, providing excellent loading and unloading capabilities. Internal improvements include a 25' x 14' paint booth, two compressors, a 15' x 13' office, and a 14' x 10' storage room, offering ample space for various business needs. The property is zoned Industrial (NEC) and Neighborhood Mixed-Use, allowing for a range of potential uses and future development possibilities. This property is ideal for an owner-operator or an investor seeking a strong return in a thriving urban area. The combination of its size, location, and existing improvements makes this a truly compelling investment opportunity. Don't miss the chance to own this well-positioned commercial property in the heart of Vallejo.

• CAP approach

  CAP return

  Valuation

  6%

  $3,666,530

  6.5%

  $3,384,490

  7%

  $3,142,740

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,858,450

  Geo Method

  $2,463,330

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,746,370

  Mixed-Use / Specialty

  $1,748,660

  Hospitality / Lodging

  $1,294,030

  Office

  $1,747,150

  Institutional / Educational

  $1,820,950

  Residential Income

  $2,130,510

  Multifamily

  $2,507,970

  Automotive / Energy

  $1,560,820

  Parking / Income-Based Land

  $530,198

  Restaurant / Food Service

  $927,682

  Healthcare / Senior Housing

  $1,784,480

Location Insight

City

Vallejo

County

Solano

State

California

Latitude

38.1038

Longitude

-122.255

CBSA code

46700

CBSA name

VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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