2450 Martin RdFairfield, CA 94534

  • Healthcare properties
  • 10,145 SF
For Lease

Property Details for 2450 Martin Rd

Year built
1994
Lot size
0.68 AC
Property size (Sq ft)
10,145 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
0156-130-280
APU
156130280

Description

Martin Plaza, located at 2450 Martin Rd, Fairfield, CA 94534, offers a premier office space opportunity in Solano County. This Class A property comprises two three-story buildings, totaling 25,000 square feet. Currently, 6,595 square feet are available for lease. The buildings feature elevators and cater to diverse office needs, encompassing medical, executive, and traditional office spaces. The multiple tenancy structure provides flexibility for businesses of various sizes. Situated in a convenient location, Martin Plaza benefits from proximity to banks, restaurants, and retail establishments, enhancing employee convenience and accessibility. Its strategic position between San Francisco and Sacramento, with easy freeway access, makes it an ideal location for employees commuting from various areas. The property is in Solano County and offers a total of 25,000 square feet of office space across two buildings. One available space is 300 sq ft.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,449,120
    6.5%
    $3,183,803
    7%
    $2,956,388
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,555,936
    Geo Method
    $1,448,503
  • Alternative Use

    Use
    Valuation
    Residential
    $3,947,916
    Hospitality
    $3,616,270
    Educational
    $3,008,694
    Medical
    $3,112,168
    Retail
    $4,680,190
2450 Martin Rd, Fairfield, California

Location Insight

City
Fairfield
County
Solano
State
California
Latitude
38.2743
Longitude
-122.051
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
$13,150
$398,237
$756,390
$1,154,627
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