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Two-Story Professional Office Condominium
For Sale
$1,050,000

1030 Seminary #C, Napa, CA 94559

Flexible workspace includes private offices, meeting rooms, open areas, and direct exterior entry.

Property Size2,366 SF
Price / SF$443.79
Days on Market58

Property Features for 1030 Seminary #C

General Information

Standard status Active
Size 2,366 SF
Elevators Yes
Property subtype Commercial
Zoning Downtown Mixed Use

Additional Details

Asking Price $1,050,000

Amenities

kitchenette
built-in cabinetry
accessible restrooms
interior stairs
direct exterior entry
conference room

Building Details

Year Built 2006
Listing Agency: W REAL ESTATE
Listed By: MICHAEL HOLCOMB
Source: Corcoran
Added: Aug 11 Changed: Oct 6 Last Checked: Oct 5 at 7:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of W REAL ESTATE

Investment Insights

Based on property information with market context.

This 2,366-square-foot office condominium occupies two levels in a building constructed in 2006. The interior includes three private offices, conference and meeting rooms, open work areas, and additional upper-floor rooms that can accommodate workstations, training, creative production, conference functions, or private offices. Vaulted ceilings, curved accent walls, frosted-glass doors, pendant lighting, expansive windows, and hardwood flooring add architectural definition to much of the lower level. A kitchenette, built-in cabinetry, accessible restrooms, elevator access, interior stairs, and direct exterior entry complete the suite.

Key Highlights

  • 2,366‑square‑foot office condominium with a two‑level layout
  • Constructed in 2006 with three private offices, meeting rooms, and open work areas
  • Downtown Mixed Use zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,503
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$970,060 $970.1K
Cap Rate 7%
$692,900 $692.9K
Cap Rate 9%
$538,922 $538.9K
Market Conditions
NOI Build-Up for 2,366 SF
Gross rent
$90.9K $38.40/SF
− Vacancy
−$26.2K −$11.07/SF
EGI
$64.7K $27.33/SF
− OpEx
−$16.2K −$6.83/SF
NOI
$48.5K $20.50/SF
Area
Napa County, CA
Vacancy
28.82%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$970,060
Cap Rate 7%
$692,900
Cap Rate 9%
$538,922

Alternative Uses

Best Use
Office B
$692.9K
$606.3K – $808.4K (±1% cap)
NOI $48,503 @ 7.0% cap · market cap 4.62%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.77M
$4.18M – $5.57M (±1% cap)
NOI $334,213 @ 7.0% cap · market cap 31.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Dental Office HVAC Service Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,881
Businesses Nearby

Demographics for 94559, CA

28,137
Population
11,599
Households
2.4
Avg Household Size
40
Median Age
37%
College-Educated
84%
High-School Grad
41.4 sq mi
ZIP Area
680
Density / Sq Mi
$100,559
Median Household Income
$52,247
Median Earnings
$2,044
Median Rent
$877,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible workspace includes private offices, meeting rooms, open areas, and direct exterior entry.
Where is this office units located?
The property is located at 1030 Seminary #C Napa, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 2,366‑square‑foot office condominium with a two‑level layout; Constructed in 2006 with three private offices, meeting rooms, and open work areas; Downtown Mixed Use zoning
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