934 Missouri StFairfield, CA 94533

Property Details for 934 Missouri St

Year built

1982

Lot size

0.17 AC

Property size (Sq ft)

11,347 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

0030-241-070

APU

30241070

Description

This exceptional two-story commercial building, encompassing 11,347 square feet, is strategically located at 934 Missouri Street in the heart of Fairfield, California. Situated on a 0.17-acre lot (7,405 square feet), this property enjoys a highly visible position near the intersection of Texas and Madison Streets, in the center of Fairfield's downtown area. The "Heart of Fairfield-Downtown" zoning designation allows for a diverse range of commercial uses, providing significant flexibility for potential buyers. Its proximity to Solano County offices and criminal justice facilities, just three blocks away, makes it particularly attractive for businesses serving the legal and related sectors, such as law firms or bail bond agencies. The building benefits from its convenient location, only one block from Texas Street, placing it within easy reach of numerous restaurants, shops, and personal service businesses. While the property lacks on-site parking, ample street parking and public parking lots are readily available within a single block. The asking price for this well-positioned commercial property is $2,150,000. This presents a compelling opportunity to acquire a substantial commercial building in a thriving downtown area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,857,779

  6.5%

  $3,561,026

  7%

  $3,306,668

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,858,768

  Geo Method

  $1,620,125

• Alternative Use

  Use

  Valuation

  Residential

  $4,415,673

  Hospitality

  $4,044,732

  Educational

  $3,365,170

  Medical

  $3,480,904

  Retail

  $5,234,709

Location Insight

City

Fairfield

County

Solano

State

California

Latitude

38.2485

Longitude

-122.045

CBSA code

46700

CBSA name

VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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