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1915 Springs Rd 3,015 SF Office Building Vallejo, CA 94591 $795,000 ($263.68/SF) 5% Cap Rate
Investment Highlights
- Fully leased medical building with two dental tenants
- Private parking and fully built out spaces
- Accessible from the Dwight D Eisenhower Freeway
Executive Summary
Well maintained property with provide parking lot. business for sale separately is not included in this transaction, and all of the equipment are sales with business not with the building. Close to 80,780, and shopping center and school.
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$60,536
|
$20.08
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$60,536
|
$20.08
|
| Taxes |
$5,629
|
$1.87
|
| Operating Expenses |
$15,157
|
$5.03
|
| Total Expenses |
$20,786
|
$6.89
|
| Net Operating Income |
$39,750
|
$13.18
|
Financial Summary (Actual - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $60,536 |
| Annual Per SF | $20.08 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $60,536 |
| Annual Per SF | $20.08 |
| Taxes | |
|---|---|
| Annual | $5,629 |
| Annual Per SF | $1.87 |
| Operating Expenses | |
|---|---|
| Annual | $15,157 |
| Annual Per SF | $5.03 |
| Total Expenses | |
|---|---|
| Annual | $20,786 |
| Annual Per SF | $6.89 |
| Net Operating Income | |
|---|---|
| Annual | $39,750 |
| Annual Per SF | $13.18 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,015 SF
Building Class
C
Year Built
1978
Price
$795,000
Price Per SF
$263.68
Cap Rate
5%
NOI
$39,750
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,015 SF
Building FAR
0.29
Lot Size
0.24 AC
Zoning
Medical Bldg/ Clinic
Parking
10 Spaces (3.32 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0071-052-550 | Total Assessment | $440,284 (2025) |
| Land Assessment | $124,168 (2025) | Annual Taxes | $5,629 ($1.87/SF) |
| Improvements Assessment | $316,116 (2025) | Tax Year | 2022 |
Property Taxes
Parcel Number
0071-052-550
Land Assessment
$124,168 (2025)
Improvements Assessment
$316,116 (2025)
Total Assessment
$440,284 (2025)
Annual Taxes
$5,629 ($1.87/SF)
Tax Year
2022
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Presented by
American Golden Realty
1915 Springs Rd
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