2349 Watney WayFairfield, CA 94533

Property Details for 2349 Watney Way

Year built

1987

Lot size

4.41 AC

Property size (Sq ft)

72,240 SF

Property type

Flex space

APN

0028-791-050

APU

28791050

Description

This single-story, 72,200-square-foot office building at 2349 & 2351 N Watney Way in Fairfield, CA 94533, offers exceptional flexibility for businesses of all sizes. Built in 1984, the property boasts 20' to 22' high ceilings and features six dock-high doors, ideal for efficient loading and unloading. Currently, there is 51,500 square feet of vacant space available, divisible into units as small as 1,600 square feet, with a maximum contiguous space of 38,623 square feet. This allows for a wide range of tenant needs, from smaller startups to larger corporations seeking significant space. The building's traditional office layout provides a functional and adaptable environment. The property's location in Fairfield, California offers convenient access to major transportation routes and amenities. This is a rare opportunity to secure prime office space in a desirable location with significant flexibility in terms of size and configuration. The property is perfect for businesses seeking a functional and well-maintained space to establish or expand their operations. Contact us today to learn more about leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $55,638,500

  6.5%

  $51,358,600

  7%

  $47,690,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,120,300

  Geo Method

  $16,503,100

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $26,185,000

  Mixed-Use / Specialty

  $25,972,400

  Hospitality / Lodging

  $18,899,800

  Office

  $25,693,900

  Institutional / Educational

  $26,958,200

  Residential Income

  $31,541,100

  Multifamily

  $38,490,000

  Automotive / Energy

  $23,107,000

  Parking / Income-Based Land

  $8,091,810

  Restaurant / Food Service

  $13,253,900

  Healthcare / Senior Housing

  $26,756,500

Location Insight

City

Fairfield

County

Solano

State

California

Latitude

38.2379

Longitude

-122.073

CBSA code

46700

CBSA name

VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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