Medical Condominium Near
For Sale
$610,000
935 Trancas #4A, Napa, CA 94558
Medical condominium featuring reception, offices, treatment rooms, and kitchenette.
Property Size1,147 SF
Lot Size0.01 Acres
Price / SF$531.82
Days on Market580
Property Features for 935 Trancas #4A
General Information
Standard status
Active
Size
1,147 SF
Lot size
0.01 Acres
Property subtype
Commercial
Listing Agency:
COLDWELL BANKER B OF V-COM DIV
2248454
Listed By:
MICHAEL J MOFFETT · License #00946472
(707) 224-8454
Source:
Corcoran
Added: Jan 31, 2025
Changed: Jul 6
Last Checked: Sep 2 at 6:47PM
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 COLDWELL BANKER B OF V-COM DIV
Investment Insights
Based on property information with market context.
This 1147-square-foot medical condominium features a reception and waiting area, an administrative office, two doctor's offices, four treatment rooms, a kitchenette, and a handicapped restroom. The property is a corner suite located on the ground floor and offers good parking. It is situated across the street from the hospital.
Key Highlights
- Medical condominium directly across the street from the hospital.
- Ground floor location.
- Corner suite.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,513
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$470,260
$470.3K
Cap Rate 7%
$335,900
$335.9K
Cap Rate 9%
$261,256
$261.3K
Market Conditions
NOI Build-Up for 1,147 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$44.0K $38.40/SF
− Vacancy
−$12.7K −$11.07/SF
EGI
$31.4K $27.33/SF
− OpEx
−$7.8K −$6.83/SF
NOI
$23.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$470,260
Cap Rate 7%
$335,900
Cap Rate 9%
$261,256
Alternative Uses
Best Use
Office B
$335.9K
$293.9K – $391.9K
NOI $23,513 @ 7.0% cap · market cap 3.85%
Second Best
Healthcare Medical
$154.5K
$135.2K – $180.3K
NOI $10,816 @ 7.0% cap · market cap 1.77%
Theoretical Best
Specialty Retail
$2.31M
$2.03M – $2.70M
NOI $162,021 @ 7.0% cap · market cap 26.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,875
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94558, CA
65,473
Population
27,402
Households
2.4
Avg Household Size
44
Median Age
38%
College-Educated
85%
High-School Grad
399.9 sq mi
ZIP Area
164
Density / Sq Mi
$109,444
Median Household Income
$51,955
Median Earnings
$2,248
Median Rent
$855,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Napa West Pet Hospital — 2999 Solano Ave, Napa, CA 94558
- California Pet Hospital — 3131 California Blvd, Napa, CA 94558
- Petco Vaccination Clinic — 3284 Jefferson St, Napa, CA 94558
- VIP Petcare Wellness Center — 3916 Bel Aire Plaza, Napa, CA 94558
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical condominium featuring reception, offices, treatment rooms, and kitchenette.
Where is this medical office space located?
The property is located at 935 Trancas #4A Napa, CA.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Medical condominium directly across the street from the hospital.; Ground floor location.; Corner suite.
