Two Office Buildings For
703 Jefferson Napa, CA 94559
703 Jefferson, Napa, CA, 94559
$2,195,000
For Sale
$2,195,000
Two office buildings on a high-profile corner lot.
Property Size3,727 SF
Lot Size0.32 Acres
Price / SF$588.95
Days on Market265
Property Features for 703 Jefferson
General Information
- Standard status
- Active
- Size
- 3,727 SF
- Lot size
- 0.32 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1900
Listing agency
COLDWELL BANKER B OF V-COM DIV
2248454
Listed by
MICHAEL J MOFFETT · License #9717778
Source
Corcoran
Added: Oct 30, 2025 Updated: Jul 6 at 9:58AM Checked: Jul 21 at 6:09AM
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.
Two office buildings are available for sale, situated on a high-profile corner lot. The primary office building has 3,160 square feet, while the secondary building offers 567 square feet. The property includes 19 parking spaces. It is located within walking distance of downtown, the courthouse, and various restaurants. The HVAC units on the first and second floors are regularly maintained. The buildings can also be leased at a rate of $2.50 per square foot per month, NNN.
Key Highlights
- High‑profile corner lot location.
- Two office buildings (3,160 SF and 567 SF).
- Plentiful parking with 19 spaces.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $143.1k | $38.40 |
| − Vacancy | −$41.2k | −$11.07 |
| EGI | $101.9k | $27.33 |
| − OpEx | −$25.5k | −$6.83 |
| NOI | $76.4k | $20.50 |
3,727 SF · lease $38.40/SF/yr · vacancy 28.82% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.09M
$955.0K – $1.27M
NOI $76,403 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.52M
$6.58M – $8.77M
NOI $526,464 @ 7.0% cap · market cap 23.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Two office buildings on a high-profile corner lot.
Where is this office building located?
The property is located at 703 Jefferson Napa, CA.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: High‑profile corner lot location.; Two office buildings (3,160 SF and 567 SF).; Plentiful parking with 19 spaces.