This exceptional Vallejo retail investment property at 1109 Maple Avenue offers a compelling opportunity with a 9.31% capitalization rate. The property boasts a substantial 8,613 square feet of building space situated on a generous 0.57-acre lot (24,836 square feet), providing ample versatility for a variety of commercial uses. The property currently houses four commercial units, offering immediate income potential. Two units are currently vacant, presenting an excellent opportunity for owner-occupancy or leasing to increase revenue streams. One unit has been occupied by a well-established restaurant for over 30 years, demonstrating strong tenant longevity. Another unit has been occupied by a massage salon since October 2022. Built in 1950, the property includes 27 parking spaces, ensuring convenient access for tenants and customers. Its prime location offers easy access to major transportation routes and freeways, enhancing its appeal and accessibility. This property is ideal for investors seeking a strong return on investment or owner-users looking to establish or expand their business in a high-traffic area. The flexible space is suitable for office, fast food, medical office, or various retail purposes. Don't miss this chance to acquire a well-positioned, income-generating commercial property in a thriving market.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,957,480
6.5%
$2,729,980
7%
$2,534,980
Comparable approach
Method
Valuation
Relative Method
$1,816,090
Geo Method
$2,402,250
Alternative Use
Use
Valuation
Industrial / Distribution
$5,290,020
Retail / Commercial
$2,729,270
Mixed-Use / Specialty
$2,732,610
Hospitality / Lodging
$2,021,830
Office
$2,729,980
Institutional / Educational
$2,845,480
Residential Income
$3,329,210
Multifamily
$3,920,460
Automotive / Energy
$2,438,980
Parking / Income-Based Land
$828,757
Restaurant / Food Service
$1,449,130
Healthcare / Senior Housing
$2,788,840
Location Insight
City
Vallejo
County
Solano
State
California
Latitude
38.1067
Longitude
-122.221
CBSA code
46700
CBSA name
VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA
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Maple Ave Vallejo, CA 94591
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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