1109 Maple AveVallejo, CA 94591

  • Commercial real estate
  • 8,613 SF
For Sale
$1,068,000 View listing

Property Details for 1109 Maple Ave

Year built
1950
Lot size
0.57 AC
Property size (Sq ft)
8,613 SF
Property type
Commercial real estate
APN
0069-150-210
APU
69150210

Description

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,922
$382,500
$706,860
$1,089,360
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-
-
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FAQs

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