2345 Huntington DrFairfield, CA 94533

  • Warehouses
  • 150,000 SF
For Lease
$7.80/SF/YR View listing

Property Details for 2345 Huntington Dr

Year built
1999
Lot size
7.57 AC
Property size (Sq ft)
150,000 SF
Zone code
INDUSTRIAL
Property type
Warehouses
APN
0170-032-170
APU
170032170

Description

This exceptional sublease opportunity presents 75,000 square feet of warehouse space within a larger 152,000 square foot industrial building located at 2345 Huntington Drive in Solano County. The single-story building, constructed in 1980, sits on a 7.57-acre lot and is zoned for industrial use. The sublease space offers significant advantages for businesses requiring ample storage and loading capabilities. Eleven dock-high doors provide efficient access for loading and unloading, complemented by one drive-in bay. The space also includes a dedicated 665 square foot office area, ideal for administrative functions. The building features a generous 40-foot ceiling height, maximizing vertical storage capacity. Thirty parking spaces are available for employees and visitors. It's important to note that building services, property taxes, and utilities are not included in the lease cost. This is a fantastic opportunity for a business seeking a well-located, functional warehouse space in Solano County. The property's size and features make it suitable for a variety of industrial uses. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $115,528,000
    6.5%
    $106,642,000
    7%
    $99,024,300
  • Comparable approach

    Method
    Valuation
    Relative Method
    $60,465,700
    Geo Method
    $34,267,200
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $54,370,900
    Mixed-Use / Specialty
    $53,929,400
    Hospitality / Lodging
    $39,243,800
    Office
    $53,351,100
    Institutional / Educational
    $55,976,300
    Residential Income
    $65,492,300
    Multifamily
    $79,921,100
    Automotive / Energy
    $47,979,700
    Parking / Income-Based Land
    $16,801,900
    Restaurant / Food Service
    $27,520,500
    Healthcare / Senior Housing
    $55,557,600

Location Insight

City
Fairfield
County
Solano
State
California
Latitude
38.276
Longitude
-121.976
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
$91,438
$2,237,066
$6,204,279
$8,441,345
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FAQs

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