Abstract | This paper focuses on the exposure and fragility/vulnerability of the residential, mixed residential/commercial, and public building stock of the city of Isfahan, in Central Iran, and constitutes the first part of a seismic risk assessment study for that city. To determine the assets at risk, we first summarize the details of the building stock and population from the available georeferenced 2011 Census data. From this dataset and from a local survey of the city, we categorize the building taxonomy in 27 construction classes characterized by age, height, and material/lateral-load-resisting system. A building exposure model is then assembled by first dividing Isfahan in city blocks and then by assigning the appropriate statistical properties to the buildings, such as construction class, built area, and replacement cost. The population of each city block is also estimated and accounted for. To assess the fragility and vulnerability to earthquake ground motion, for each building class we performed nonlinear dynamic analysis of multiple equivalent single-degree-of-freedom systems. This process generated a set of class- and region-specific fragility and vulnerability functions that considered both record-to-record and building-to-building response variability. In the companion paper we used the exposure model and the fragility and vulnerability curves generated for all these asset classes to probabilistically assess the seismic risk of Isfahan.