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5044 Peabody Rd
Fairfield, CA 94533
Sun-Ray Storage · Land For Sale
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9.75 AC
PROPERTY FACTS
DESCRIPTION
Combined area of 9.75 acres located in the Fairfield-Vacaville Amtrak Station area slated for long-term redevelopment to residential. The Sun-Ray combined property has current gross effective rents of $542,000 with in-place net operating income of $452,000. Total potential rents are estimated to be $760,000 based on competitive market rents for similar properties. Average in-place rental rates of $0.27/SF for RV & Boat rentals, $0.72/SF for containers and $0.14/SF for the outdoor yard area. The property offers the investor an opportunity to enjoy stable income from a long-term tenant and increasing rents from the RV & Boat Storage yard. Option to add additional containers at Buyers discretion (buyer to verify with City).
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $60,000 | |
| Land Assessment | $2,651,957 | Total Assessment | $2,711,957 |
PROPERTY TAXES
