Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    High Visibility Napa Ground Lease Title is generated by Realmo AI

    459 Soscol Ave, Napa, CA 94559

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Ground lease opportunity in the heart of Napa retail trade.

    Type:Land
    Added:
    Jan 26, 2023
    Days on Market:
    1226
    Last Refresh:
    May 12 at 8:44 pm

    Property Features for 459 Soscol Ave

    General Information

    Standard status
    Active
    Property subtype
    Land

    Spaces For Lease

    at 459 Soscol Ave Contact us

    We can help!

    Listing Contact
    Jenni Tabaka
    Jenni Tabaka

    Listing agent Jenni Tabaka License #02222330

    Listing office CBRE - Sacramento

    Listing date Jan 26, 2023

    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 CBRE - Sacramento

    HighLights

    • High visibility location on Soscol Avenue, a primary traffic corridor.
    • Adjacent to 489 units of new luxury apartments.
    • Located in the heart of the Napa retail trade area.
    • Walking distance to two major shopping centers anchored by Cinemark, Raley’s, and Home Depot.
    • Proximity to Downtown Napa (within 1 mile).
    • Located in Napa County, a renowned wine producing region with nearly 475 wineries and vineyards.

    Overview

    Located at the southwest corner of Soscol Avenue and Saratoga Drive in southern Napa, California, this property offers a high visibility ground lease opportunity in the heart of the Napa retail trade area. Napa is situated approximately 65 miles northwest of Sacramento and 50 miles east of San Francisco. The property is within 1-mile of Downtown Napa and walking distance to two major shopping centers anchored by Cinemark, Raley’s and Home Depot. Napa County is a renowned wine producing region, home to nearly 475 wineries and vineyards. The property boasts prime Soscol Avenue frontage, one of the primary north/south traffic corridors, and is adjacent to 489 units of new luxury apartments.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Napa
    County
    Napa
    State
    California
    Longitude
    -122.2769095
    Latitude
    38.2901808

    Nearby Similar for Lease

    • $4 SF/Yr

      Gallery-Style Retail Space

      Move-in-ready venue with soaring ceilings, track lighting, and glass doors to an outdoor seating area.
      1500 1st Street #120, Napa, CA 94559
      View Details
    • 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

      Napa Retail Trade Area Land

      High visibility ground lease opportunities in the heart of Napa.
      165, 175 & 185 Gasser Drive, Napa, CA, 94559
      View Details
    • Contact for pricing

      High Visibility Napa Ground Lease

      Prime commercial land for lease in Napa's retail hub.
      459 Soscol Ave, Napa, CA, 94559
      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

    FAQs

    What type of property is this?
    Commercial land - Ground lease opportunity in the heart of Napa retail trade.
    Where is this commercial land located?
    The property is located at 459 Soscol Ave Napa, CA.
    What are key features of this property?
    This property features: High visibility location on Soscol Avenue, a primary traffic corridor.; Adjacent to 489 units of new luxury apartments.; Located in the heart of the Napa retail trade area.
    (916) 446-8776 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jenni Tabaka
    Jenni Tabaka
    Real Estate License ID: 02222330
    Learn More
    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
    459 Soscol Ave, Napa, CA 94559
    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!