Suisun City, CA 94585,100 Railroad AVE
Listed by Torben Yjord-Jackson • eXp Realty of California, Inc
Bought with Cody Nguyen • Intero Real Estate Services

$875,000

Est. payment /mo

$899,000

2.7%
Est.Price: ?

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100 Railroad AVE Suisun City, CA 94585

29,375 SqFt

SOLD DATE : 05/17/2023

Key Details

Sold Price $875,000

Property Type Commercial

Sub Type Warehouse

Listing Status Sold

Purchase Type For Sale

Square Footage 29,375 sqft

Price per Sqft $29

MLS Listing ID 322079487

Sold Date 05/17/23

HOA Y/N No

Year Built 2021

Property Sub-Type Warehouse

Property Description

Successful 40-space outdoor RV & Boat storage investment opportunity for sale at 100% occupancy. Property/business located within the SF Bay Area's developed I-80 corridor, surrounded by long-standing residential, industrial, and retail developments. Remote management/onboarding with all tenants on auto-bill. 3 hours per month is required to manage aspects of the business/property. All carefully selected tenants' items are insured, registered, and maintained. All tenants have 100% pay-on-time track records. App-based security camera/alarm system with 24-hour recording, and remote viewing. A powered gate with a code ensures easy ingress/egress for tenants. The property is fenced, and secured with cameras, motion detection sirens, and razor wire. Centrally located, and right off the heavily trafficked Hwy 12. 4 minutes from downtown Fairfield and 6 minutes from I-80. $47,000 annual NOI. Two simple value-add opportunities have begun being implemented to increase NOI to $53,640

Location

State CA

County Solano

Area Suisun 1

Exterior

Garage Spaces 40.0

Building

Lot Description Curb(s), Curbs/Gutters, Landscape Front, Landscape Misc, Low Maintenance, Sidewalk, Sidewalk/Curb/Gutter, Storm Drain, Street Lights

Story 1

Level or Stories 1

Others

Special Listing Condition None

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Bay Area Real Estate Info Services (BAREIS)
Christine Hale

Christine Hale

Advisor | License ID: 02088638

+1(707) 287-5782

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