2801 Waterman BlvdFairfield, CA 94534

  • Healthcare properties
  • 1,497 SF
For Sale
$549,977 View listing

Property Details for 2801 Waterman Blvd

Year built
1993
Lot size
0.03 AC
Property size (Sq ft)
1,497 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
0152-080-110
APU
152080110

Description

This exceptional 1,921 square foot medical office building presents a unique investment opportunity in the desirable west Fairfield, California area. Located at 2801 Waterman Boulevard, this single-story property offers a completely vacant space, ideal for a single tenant seeking a turnkey solution. The building's convenient location provides easy access to Interstate 80, ensuring excellent accessibility for both staff and patients. Situated in Solano County, the property benefits from a strong demographic profile, making it an attractive location for medical practices. Ample parking is available on-site, addressing a key concern for patients and staff. The building's single-tenant occupancy simplifies management and provides a clear, straightforward investment opportunity. The property is available for sale or lease, offering flexibility to potential buyers or tenants. The 1921 square feet of space provides ample room for a variety of medical practices, offering a chance to establish or relocate a thriving business in a prime location. The property's single-story design offers convenient access and functionality. This is a rare opportunity to acquire a well-situated, single-tenant medical office building in a high-demand area. The zip code is 94534.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $508,953
    6.5%
    $469,803
    7%
    $436,246
  • Comparable approach

    Method
    Valuation
    Relative Method
    $377,155
    Geo Method
    $213,742
  • Alternative Use

    Use
    Valuation
    Residential
    $582,556
    Hospitality
    $533,618
    Educational
    $443,964
    Medical
    $459,233
    Retail
    $690,611
2801 Waterman Blvd, Fairfield, California

Location Insight

City
Fairfield
County
Solano
State
California
Latitude
38.2691
Longitude
-122.062
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
$3,707
$99,393
$230,735
$330,128
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