Flex Building with Two-Level
New
For Sale
$2,400,000
392 Devlin Rd., Napa, CA 94558
A two-story office component includes conference, showroom, and training areas alongside a high-clearance warehouse.
Property Size8,150 SF
Price / SF$294.48
Days on Market7
Property Features for 392 Devlin Rd.
General Information
Standard status
Active
Size
8,150 SF
Property subtype
Industrial
Zoning
Industrial Park/Airport Compatibility (IP:
Warehouse & Industrial
Clear Height
24 ft
Warehouse Space
3,220 SF
Office Build-Out
4,930 SF
Dock-High Doors
2
Additional Details
Mixed-Use Components
warehouse, office
Property Use
Warehouse/Office
Building Details
Building Size
8,150 SF
Year Built
2007
Buildings
1
Listing Agency:
Coldwell Banker Commercial Brokers of the Valley
Listed By:
Michael Moffett · License #00946472
(707) 224-8454
Source:
Cbcworldwide
Added: Oct 24
Changed: Oct 26
Last Checked: Oct 28 at 4:42AM
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 Commercial Brokers of the Valley
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Investment Insights
Based on property information with market context.
This 8,150-square-foot flex building combines approximately 3,220 square feet of warehouse space with 4,930 square feet of office area across two levels. The warehouse offers 24-foot clear height and three roll-up doors, including two dock-high doors. Office improvements include a conference room, showroom, training area, kitchen, one full bath, and two half-baths. The second floor also contains a Murphy bed and private theater. Three HVAC units and upgraded lighting serve the building, and electronics-related equipment is included in the sale.
Built in 2007, the property is zoned Industrial Park/Airport Compatibility (IP:AC).
Built in 2007, the property is zoned Industrial Park/Airport Compatibility (IP:AC).
Key Highlights
- 8,150 SF building with approximately 3,220 SF of warehouse and 4,930 SF of two‑level office space
- 24‑foot clear‑height warehouse
- Three roll‑up doors, including two dock‑high doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,310
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,586,200
$2.6M
Cap Rate 7%
$1,847,286
$1.8M
Cap Rate 9%
$1,436,778
$1.4M
Market Conditions
NOI Build-Up for 8,150 SF
Gross rent
$175.1K $21.48/SF
− Vacancy
−$22.9K −$2.81/SF
EGI
$152.1K $18.67/SF
− OpEx
−$22.8K −$2.80/SF
NOI
$129.3K $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%
$2,586,200
Cap Rate 7%
$1,847,286
Cap Rate 9%
$1,436,778
Alternative Uses
Best Use
Warehouse
$1.85M
$1.62M – $2.16M
NOI $129,310 @ 7.0% cap · market cap 5.39%
Second Best
Industrial
$1.52M
$1.33M – $1.77M
NOI $106,490 @ 7.0% cap · market cap 4.44%
Theoretical Best
Specialty Retail
$16.45M
$14.39M – $19.19M
NOI $1,151,242 @ 7.0% cap · market cap 47.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
24 ft
Clear height
2
Dock-high doors
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Well-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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - A two-story office component includes conference, showroom, and training areas alongside a high-clearance warehouse.
Where is this flex space located?
The property is located at 392 Devlin Rd. Napa, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 8,150 SF building with approximately 3,220 SF of warehouse and 4,930 SF of two‑level office space; 24‑foot clear‑height warehouse; Three roll‑up doors, including two dock‑high doors
