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1487 Lemon St 2,421 SF Office Building Vallejo, CA 94590 $2,045,893 CAD ($845.06 CAD/SF)
INVESTMENT HIGHLIGHTS
- Close to two major highways that feed the Bay Area
- Cell tower with lease to go with property
- Large lots
EXECUTIVE SUMMARY
Why $1,495,000.....This property has a lot to offer. A two story building with approximately 1800sqft of space, Also included are 3 parcels APN 0061-080-720, APN 0061-080-730 and APN 0061-080-050 which make up a total of 28,800sqft. one parcel is zoned neighborhood mixed use and the other is zoned light industrial. Two storage containers on site, with additional workshop with small offices. The most important part is there is a cell tower on the property with a lease which will sunset in 2056. There is a large yearly increase on the tower income. This is close to two major highways and easy access to both.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Building Size
2,421 SF
Building Class
C
Year Built
1971
Price
$2,045,893 CAD
Price Per SF
$845.06 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,376 SF
Slab To Slab
10’
Building FAR
0.15
Lot Size
0.37 AC
Parking
10 Spaces (4.13 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Morgan Alarm
- Wholesaler
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Morgan Alarm | Wholesaler | - | - | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $228,316 CAD | |
| Land Assessment | $223,031 CAD | Total Assessment | $451,346 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$223,031 CAD
Improvements Assessment
$228,316 CAD
Total Assessment
$451,346 CAD
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1487 Lemon St
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