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531-537 Georgia St 4,269 SF 100% Leased Retail Building Vallejo, CA 94590 $829,999 ($194.42/SF) 6.72% Cap Rate
Executive Summary
Introducing 531-537 Georgia St, Vallejo, CA - an excellent investment opportunity in the bustling Vallejo area. This 4,269 SF building, constructed in 1930, features 3 units, all currently at 100% occupancy. Zoned DMX, it presents an ideal prospect for a Retail / Street Retail investor seeking a prime location. With its solid rental history and desirable features, this property offers a secure investment option with potential for additional value. Don't miss out on this enticing commercial real estate opportunity. We recommend the buyer to take and confirm their own interior measurements during the
due diligence.
due diligence.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,269 SF
Building Class
C
Year Built/Renovated
1930/2023
Price
$829,999
Price Per SF
$194.42
Cap Rate
6.72%
NOI
$55,776
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.65
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
Comm Sales & Service
Frontage
57’ on Georgia St
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0056-196-050 | Improvements Assessment | $482,849 |
| Land Assessment | $206,935 | Total Assessment | $689,784 |
Property Taxes
Parcel Number
0056-196-050
Land Assessment
$206,935
Improvements Assessment
$482,849
Total Assessment
$689,784
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531-537 Georgia St