107 Peabody RdVacaville, CA 95687
- Retail properties
- 18,600 SF
Property Details for 107 Peabody Rd
- Year built
- 1998
- Lot size
- 2.03 AC
- Property size (Sq ft)
- 18,600 SF
- Zone code
- COMML
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 0131-160-120
- APU
- 131160120
Description
This exceptional Class A warehouse, situated on a 2.03-acre lot at the corner of Peabody and Elmira Roads in Solano County, offers 18,600 square feet of space. Built in 1998 and renovated in 2020, the property boasts 24-foot high ceilings, a new roof, and ample parking (84 spaces). Currently, it houses two tenants: a thrift store (13,850 sq ft, lease expiring August 2025) and an automotive shop (4,750 sq ft). The high-traffic location, with approximately 22,000 vehicles per day, provides excellent visibility and accessibility via Interstate 80. The property features 354 feet of frontage on Peabody Road, a loading dock ramp, and multiple potential uses. The thrift store tenant may vacate sooner than the lease expiration, presenting a significant value-add opportunity. The automotive shop is interested in extending their lease. Annual rent is $15.6 per square foot, plus $3.5 per square foot in NNN charges. This translates to a monthly rent of $1.3 per square foot, plus $0.29 per square foot in NNN charges. This prime location and flexible space make this an ideal investment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,599,704
- 6.5%
- $4,245,880
- 7%
- $3,942,603
-
Comparable approach
- Method
- Valuation
- Relative Method
- $6,692,384
- Geo Method
- $6,692,384
-
Alternative Use
- Use
- Valuation
- Residential
- $3,581,559
- Hospitality
- $3,280,689
- Educational
- $2,729,494
- Medical
- $2,823,366
- Retail
- $4,245,880
Location Insight
- City
- Vacaville
- County
- Solano
- State
- California
- Latitude
- 38.3531
- Longitude
- -121.975
- CBSA code
- 46700
- CBSA name
- VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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