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5044 Peabody Rd
Fairfield, CA 94533
Sun-Ray Storage · Land For Sale
·
9.75 AC

PROPERTY FACTS
| Property Type | Land | Proposed Use |
Commercial
|
| Property Subtype | Commercial | Total Lot Size | 9.75 AC |
| Zoning | Commercial - Land- Industrial - Self Storage | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use |
Commercial
|
| Total Lot Size | 9.75 AC |
| Zoning | Commercial - Land- Industrial - Self Storage |
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 |
Multiple
|
Improvements Assessment | $60,000 |
| Land Assessment | $2,651,957 | Total Assessment | $2,711,957 |
PROPERTY TAXES
- 0166-080-040
- 0166-080-030
Listing ID: 32615606
Date on Market: 7/29/2024
Last Updated:
Address: 5044 Peabody Rd, Fairfield, CA 94533
The Land Property at 5044 Peabody Rd, Fairfield, CA 94533 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
