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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Retail space
1424 2nd St Napa, CA 94559-2824
Trust Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3080893
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Construction
TILT-UP CONCRETE
Total area
5,760 SF
Lot
0.14 ac (6,098 SF)
Zoning code
CD
APN
003-204-007-000
UPID
US10-3080893
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.51M
Comparable Approach
Comparable
$790k
Blend (final)
Blend
$1.24M
Owner & transaction history
Holcomb Family Trust · 6 yrs held
Holcomb Family Trust
since 2019
7 recorded transactions
Zoning & alternative use
CD · Napa, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+29.6%
Industrial (general)
$1.5M
+28.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Napa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Napa submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,635,000
6.5%
$1,510,000
7%
$1,400,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,190,000
Current use
MEDICAL BUILDING
$1,540,000
Change: +30% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,530,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$214 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$59,917
Tax year 2024
Assessed value
$4,985,738
Assessed 2024
Previous assessed
$4,985,738
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$2,573,284
Assessed improvement
$2,412,454
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
5,760 SF
Lot
0.14 ac (6,098 SF)
Zoning code
CD
APN
003-204-007-000
UPID
US10-3080893
Jurisdiction
NAPA
Zoning & alternative use
CD · Napa, CA
Zoning CD · permitted uses
CD · Napa, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Napa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES Current
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Holcomb Family Trust
Trust
Free & Clear · 6 yrs held
Mailing address
1606 MAIN ST STE #209, NAPA, CA 94559-1854
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2022
—
Napa Valley Development Corporation
—
Deed
related
$2,900,000 · Poppy Bank
Aug 28, 2019
—
Napa Valley Dev Corp
—
Deed
related
$2,350,000 · Rabobank
Aug 2, 2019
—
Holcomb Family Trust
Holcomb,michael L
Quit Claim Deed
—
Aug 2, 2019
$4,650,000
Napa Valley Dev Corp
John Nichols & Mch Napa LLC
Grant Deed
$1,350,000 · Nichols John Trust (pt)
Sep 18, 2018
—
West Pueblo Partners LLC
—
Deed
related
—
Oct 2, 2014
—
West Pueblo Partners LLC
Holcomb,michael L & Maria C
Grant Deed
—
Feb 27, 2014
$1,700,000
Michael L Holcomb
Altamura,george & Jacqueline
Grant Deed
—
Dec 12, 2012
$1,000,000
George Altamura
Redwood Trust Deed Svcs
Trustees Deed
related
—
Aug 16, 2006
—
Edward Hayman
Altamura,george & Jacqueline
Grant Deed
$1,800,000 · George & Jacqueline Altamura
Feb 6, 2002
$650,000
George Altamura
Lafield,lori
Grant Deed
—
—
—
West Pueblo Partners LLC
—
Loan Modification
related
—
—
—
Napa Valley Dev Corp
—
Deed Of Trust
related
$2,350,000 · Rabobank
—
—
Edward F Hayman
—
Deed Of Trust
related
$225,000 · George Hudson
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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