556 Parker RdFairfield, CA 94533

Property Details for 556 Parker Rd

Year built

1961

Lot size

0.11 AC

Property size (Sq ft)

1,400 SF

Property type

Retail properties

Property subtype

Retail space

APN

0174-060-220

APU

174060220

Description

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.

• 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

Property Tax & Assessments

FAQs

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