1995 Texas StFairfield, CA 94533

Property Details for 1995 Texas St

Year built

1994

Lot size

0.30 AC

Property size (Sq ft)

3,200 SF

Zone code

COMM

Property type

Retail properties

Property subtype

Turn key restaurants

APN

0031-170-610

APU

31170610

Description

This exceptional mixed-use commercial property, located at 1995 W Texas Street in Fairfield, California, presents a lucrative investment opportunity. Spanning 3,200 square feet on a 0.31-acre lot, this building previously housed a successful Mexican restaurant and is ideally suited for a variety of culinary or business ventures. The property boasts a well-designed layout featuring a large dining area capable of accommodating numerous guests, a welcoming foyer, and high-quality appliances and restaurant equipment, allowing for immediate operation. The versatile design offers ample opportunity for customization to meet specific business needs. Strategically situated between San Francisco and Sacramento, this location offers unparalleled visibility and accessibility. Its proximity to major highways, including I-80, Highway 12, I-680, and Travis Air Force Base (TAFB), ensures a broad customer base. Nestled within a thriving shopping center, the property benefits from significant foot traffic and the convenience of designated parking, surrounded by a variety of retail and commercial businesses. This property combines convenience, high visibility, and versatile design, making it an exceptional investment opportunity in a prime Solano County location. The asking price is $1,950,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,599,276

  6.5%

  $1,476,255

  7%

  $1,370,808

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,031,648

  Geo Method

  $1,151,378

• Alternative Use

  Use

  Valuation

  Residential

  $1,245,276

  Hospitality

  $1,140,667

  Educational

  $949,021

  Medical

  $981,660

  Retail

  $1,476,255

Location Insight

City

Fairfield

County

Solano

State

California

Latitude

38.2478

Longitude

-122.066

CBSA code

46700

CBSA name

VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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