Flex Space with Warehouse
New
For Sale
$2,950,000
2430 Laurel, Napa, CA 94559
Two buildings combine warehouse capacity with mezzanine offices, a lounge, and supporting amenities.
Property Size12,000 SF
Lot Size0.54 Acres
Price / SF$245.83
Days on Market2
Property Features for 2430 Laurel
General Information
Standard status
Active
Size
12,000 SF
Lot size
0.54 Acres
Property subtype
Commercial
Zoning
IL
Additional Details
Highway Access
Yes
Mezzanine
3,000 SF
Property Use
Warehouse
Amenities
Restrooms
Kitchen prep
Bar serving area
Covered patio
Elevator access
Building Details
Year Built
1973
Buildings
2
Listing Agency:
W REAL ESTATE
2262661
Listed By:
MICHAEL HOLCOMB · License #1458995
Source:
Corcoran
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 31 at 3:17AM
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
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Investment Insights
Based on property information with market context.
This 0.54-acre Napa property brings together two commercial buildings totaling approximately 12,000 square feet. At 2485 Stockton Street, a 6,000-square-foot ground-level warehouse is paired with a 3,000-square-foot mezzanine containing office and lounge areas, reached by elevator. Roll-up doors serve the warehouse, and the building also includes restrooms, kitchen prep space, a bar serving area, and a covered patio. The second building, at 2430 Laurel Street, is a 3,000-square-foot metal warehouse. The property was built in 1973 and is zoned IL (Light Industrial).
The site is positioned along the Highway 29 corridor, with access to major transportation routes. Both buildings are included on the single parcel.
The site is positioned along the Highway 29 corridor, with access to major transportation routes. Both buildings are included on the single parcel.
Key Highlights
- Two buildings totaling approximately 12,000 square feet on a 0.54‑acre parcel
- 6,000 SF ground‑level warehouse and 3,000 SF mezzanine at 2485 Stockton Street
- Mezzanine includes office and lounge areas with elevator access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$190,394
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,807,880
$3.8M
Cap Rate 7%
$2,719,914
$2.7M
Cap Rate 9%
$2,115,489
$2.1M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$257.8K $21.48/SF
− Vacancy
−$33.8K −$2.81/SF
EGI
$224.0K $18.67/SF
− OpEx
−$33.6K −$2.80/SF
NOI
$190.4K $15.87/SF
Area
Napa County, CA
Vacancy
13.10%
Lease Rate
$21.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,807,880
Cap Rate 7%
$2,719,914
Cap Rate 9%
$2,115,489
Alternative Uses
Best Use
Warehouse
$2.72M
$2.38M – $3.17M
NOI $190,394 @ 7.0% cap · market cap 6.45%
Second Best
Industrial
$2.24M
$1.96M – $2.61M
NOI $156,795 @ 7.0% cap · market cap 5.32%
Theoretical Best
Specialty Retail
$24.22M
$21.19M – $28.25M
NOI $1,695,081 @ 7.0% cap · market cap 57.46%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,246
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Paella — 2754 Old Sonoma Rd, Napa, CA 94559
- Twenty Below — 590 Franklin St, Napa, CA 94558
- Napa Cookie Company — 952 School St #139, Napa, CA 94559
Frequently Asked Questions
What type of property is this?
Flex space - Two buildings combine warehouse capacity with mezzanine offices, a lounge, and supporting amenities.
Where is this flex space located?
The property is located at 2430 Laurel Napa, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Two buildings totaling approximately 12,000 square feet on a 0.54‑acre parcel; 6,000 SF ground‑level warehouse and 3,000 SF mezzanine at 2485 Stockton Street; Mezzanine includes office and lounge areas with elevator access
