Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Project Near Downtown Napa Title is generated by Realmo AI

    388 Devlin Road, Napa, CA 94558

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    50,060 SF mixed-use property with convenient highway access.

    Type:Office
    Property size:
    50,060 SF
    Added:
    Feb 19, 2021
    Days on Market:
    1928
    Last Refresh:
    May 12 at 10:57 pm

    Property Features for 388 Devlin Road

    General Information

    Standard status
    Active
    Size
    50,060 SF
    Property subtype
    Office

    Building Details

    Year Built
    2007

    Spaces For Lease

    at 388 Devlin Road Contact us

    We can help!

    Listing Contact
    Laura Duffy
    Laura Duffy

    Listing agent Laura Duffy License #CA 01922792

    Listing office JLL North Bay

    Listing date Feb 19, 2021

    Source Crexi

    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 JLL North Bay

    HighLights

    • ±50,060 SF mixed‑use project
    • Less than 10 minutes to downtown Napa
    • Immediate access to Hwy 29
    • Abundant on‑site parking
    • High‑quality materials and finishes throughout
    • Constructed in 2007

    Overview

    The property at 388 Devlin Road is a mixed-use project encompassing approximately 50,060 square feet. Constructed in 2007, the building features high-quality materials and finishes throughout. Ample on-site parking is available. The location provides convenient access to Highway 29 and is situated less than 10 minutes from downtown Napa.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Hair Salon Building Supply Hotel & Motel Auto Parts Store Pharmacy Auto Repair Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Napa
    County
    Napa
    State
    California
    Longitude
    -122.27007
    Latitude
    38.239904

    Nearby Similar for Lease

    • Sponsored
      $129-$15,853/Mo
      11-1,292 SF

      CA, Napa - 1300 First Street

      1300 1St St, Napa, CA 94559
      View Details
    • $2,030/Mo
      2,030 SF

      Corner Warehouse with Glass Storefront

      2,036 SF warehouse with storefront entry and roll-up door.
      860 Kaiser Rd, Suite J, Napa, CA 94558
      View Details
    • Contact for pricing
      18,434 SF

      Napa Industrial Space For Lease

      Industrial space with office area, convenient highway access, close to wineries.
      2545 Napa Valley Corporate Dr, Napa, CA, 94558
      View Details
    • $652/Mo
      9,500 SF

      Historic Napa Building For Rent

      Landmark building in downtown Napa with hospitality infrastructure.
      930 THIRD ST, NAPA, CA
      View Details
    • Contact for pricing
      16,076 SF

      Napa Industrial Space For Lease

      16,076 SF industrial space with highway access near wineries.
      2557 Napa Valley Corporate Dr, Bldg B, Napa, CA, 94558
      View Details
    • $2.00 SF/Yr
      4,019 SF

      Retail Space in Napa

      Retail space available for lease in Napa, California.
      2789-2799 Napa Valley Corporate Dr, Napa, CA
      View Details
    • Contact for pricing
      6,960 SF

      Napa Warehouse Space Available

      6,960 SF warehouse space available for sublease in Napa.
      163-189 Camino Dorado, Napa, CA 94558
      View Details
    • Contact for pricing
      1,000 SF

      Napa Valley Industrial/Office/Showroom Building

      Versatile industrial, office, and showroom space in Napa Valley.
      1821 Monticello Rd, Napa, CA 94558
      View Details
    • $3,500/Mo
      452 SF

      Loft Style Private Office Space

      Unique loft-style office space with abundant natural light for rent.
      1443 Main St, Napa, CA
      View Details
    • $2 SF/Yr
      1,000 SF

      Industrial Warehouse Space in Napa

      1,000 SF industrial warehouse space available for rent.
      1760 Industrial Way, Napa, CA
      View Details
    • Contact for pricing
      2,995 SF

      Napa Office Space Available

      Office suites available for rent in Napa, California.
      1455-1485 1st St, Napa, CA
      View Details
    • $2 SF/Yr
      1,500 SF

      Office Space with Natural Light

      Office space featuring natural light, private offices, and ample parking.
      701 Lincoln Ave, Napa, CA
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - 50,060 SF mixed-use property with convenient highway access.
    Where is this mixed-use property located?
    The property is located at 388 Devlin Road Napa, CA.
    What are key features of this property?
    This property features: ±50,060 SF mixed‑use project; Less than 10 minutes to downtown Napa; Immediate access to Hwy 29
    (707) 495-7777 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Laura Duffy
    Laura Duffy
    Real Estate License ID: CA 01922792
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    388 Devlin Road, Napa, CA 94558
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!