This exceptional office building, situated at 556 Parker Road in Fairfield, California, presents a compelling investment opportunity. Boasting a convenient location near Travis Air Force Base, this property offers unparalleled accessibility and visibility. The building sits on a 0.11-acre lot and has recently undergone a complete interior renovation, resulting in a modern and efficient workspace. The precise square footage is currently unavailable, however, the updated interior promises a functional and attractive layout ideal for a variety of professional uses. Its proximity to Travis AFB makes it particularly attractive to businesses serving the base and its personnel. The asking price for this turnkey office building is $319,500. This represents a significant opportunity to acquire a well-maintained, strategically located commercial property in a thriving market. Given the recent renovations and desirable location, this property is expected to attract considerable interest. Serious inquiries are encouraged to schedule a viewing and explore the potential of this exceptional investment. Further details regarding the interior layout and specifications are available upon request. Don't miss this chance to own a piece of Fairfield's vibrant commercial landscape.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$636,244
6.5%
$587,302
7%
$545,352
Comparable approach
Method
Valuation
Relative Method
$811,790
Geo Method
$503,728
Alternative Use
Use
Valuation
Residential
$495,412
Hospitality
$453,794
Educational
$377,552
Medical
$390,536
Retail
$587,302
Location Insight
City
Fairfield
County
Solano
State
California
Latitude
38.2733
Longitude
-121.955
CBSA code
46700
CBSA name
VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA
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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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