Insulated Flex Space with
For Sale
Contact for pricing
871 Latour Ct, Napa, CA 94558
Versatile flex property combines warehouse capacity, office improvements, loading access, and substantial electrical service.
Property Size10,800 SF
Lot Size1.00 Acre
Price / SF$231.48
Days on Market12
Property Features for 871 Latour Ct
General Information
Standard status
Active
Size
10,800 SF
Lot size
1.00 Acre
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
15 ft
Warehouse Space
7,500 SF
Office Build-Out
3,300 SF
Drive-In Doors
2
Power
800 amps
Voltage
480 V
Three-Phase Power
Yes
Sprinkler System
Yes
Additional Details
Utilities to Site
Yes
Building Details
Building Size
10,800 SF
Listing Agency:
Colliers | Fairfield
(707) 863-8377
Listed By:
Jason Driscoll · License #CA-00960310
(707) 227-7899
Source:
Moodyscre
Added: Aug 13
Changed: Aug 16
Last Checked: Aug 24 at 5:22AM
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 Colliers | Fairfield
Investment Insights
Based on property information with market context.
This flex property contains approximately 10,800 square feet, including about 7,500 square feet of warehouse area and 3,300 square feet of office space. The office component includes a private office and extensive glass line, while the warehouse is insulated, fully sprinklered, and offers approximately 15 feet of clear height. Two grade-level loading doors measure approximately 12 feet by 12 feet. Electrical service includes 800 amps at 277/480 volts with three-phase power.
The property occupies approximately 1 acre at 871 Latour Ct in Napa, California. It is located 2 miles from downtown Napa and 8 miles from I-80, providing a defined regional access profile for commercial operations requiring both office and warehouse space.
The property occupies approximately 1 acre at 871 Latour Ct in Napa, California. It is located 2 miles from downtown Napa and 8 miles from I-80, providing a defined regional access profile for commercial operations requiring both office and warehouse space.
Key Highlights
- ±10,800 total SF with ±7,500 SF warehouse and ±3,300 SF office space
- Two (2) grade level loading doors measuring ±12’ x ±12’
- ±15’ warehouse clear height
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$221,398
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,427,960
$4.4M
Cap Rate 7%
$3,162,829
$3.2M
Cap Rate 9%
$2,459,978
$2.5M
Market Conditions
NOI Build-Up for 10,800 SF
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.
Gross rent
$414.7K $38.40/SF
− Vacancy
−$119.5K −$11.07/SF
EGI
$295.2K $27.33/SF
− OpEx
−$73.8K −$6.83/SF
NOI
$221.4K $20.50/SF
Area
Napa County, CA
Vacancy
28.82%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,427,960
Cap Rate 7%
$3,162,829
Cap Rate 9%
$2,459,978
Alternative Uses
Best Use
Office B
$3.16M
$2.77M – $3.69M
NOI $221,398 @ 7.0% cap · market cap 8.86%
Second Best
Warehouse
$2.45M
$2.14M – $2.86M
NOI $171,355 @ 7.0% cap · market cap 6.85%
Theoretical Best
Specialty Retail
$21.79M
$19.07M – $25.43M
NOI $1,525,572 @ 7.0% cap · market cap 61.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
15 ft
Clear height
2
Drive-in doors
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
362
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile flex property combines warehouse capacity, office improvements, loading access, and substantial electrical service.
Where is this flex space located?
The property is located at 871 Latour Ct Napa, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: ±10,800 total SF with ±7,500 SF warehouse and ±3,300 SF office space; Two (2) grade level loading doors measuring ±12’ x ±12’; ±15’ warehouse clear height
