1700 Fairgrounds DrVallejo, CA 94589

Property Details for 1700 Fairgrounds Dr

Lot size

0.94 AC

Property type

Land

Property subtype

Commercial land

APN

0068-131-120

APU

68131120

Description

This exceptional 0.94-acre property at 1700 Fairgrounds Drive, Vallejo, CA 94589, presents a unique investment opportunity. The existing three-story building offers 62,468 square feet of space, with 42,441 square feet currently vacant, providing significant potential for redevelopment or lease. The property is zoned Neighborhood Mixed-Use (NMX), allowing for a variety of commercial and residential uses. The building features a total of 47 parking spaces. The lot size is 41,108 square feet, and the building has a floor area ratio (FAR) of 1.65. Located near Taper Ave, this property boasts excellent visibility and accessibility. The property's APN is 0068-131-120 in Solano County. This single-tenant retail space and land parcel offers a rare chance to capitalize on the growing Vallejo market. The existing structure and ample land provide flexibility for various development scenarios, making it an ideal choice for investors seeking a high-return opportunity. The property's strategic location and zoning regulations create a compelling proposition for both short-term and long-term growth. This is a prime opportunity to acquire a substantial property in a thriving California market.

• Alternative Use

  Use

  Valuation

  Residential

  $14,244,536

  Hospitality

  $13,047,918

  Educational

  $10,855,715

  Medical

  $11,229,059

  Retail

  $16,886,668

Location Insight

City

Vallejo

County

Solano

State

California

Latitude

38.1472

Longitude

-122.236

CBSA code

46700

CBSA name

VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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