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Property profile & analytics
OFF-MARKET
Estimated value
$1,770,000
Medical Office Space
1950 Jefferson St Napa, CA 94559-1215
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-4979847
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1951
Construction
WOOD
Total area
2,349 SF
Lot
0.09 ac (3,718 SF)
Zoning code
OC
APN
003-041-030-000
UPID
US09-4979847
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
$1.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.77M
Owner & transaction history
Partnership Healthplan · 1 yrs held
Partnership Healthplan
since 2024
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
OC · Napa, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The commercial office district implements the business professional land use category of the General Plan. It is meant to encourage concentrations of administrative, professional and business offices, public and quasi public uses and similar compatible uses, such as retail commercial uses oriented to the needs of nearby businesses. Intensive residential uses…
Zone name
Commercial Office
General category
COMMERCIAL
Zone area
31.76 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$1.5M
+134.0%
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
$1,770,000
ML approach
$1,770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,470,000
Change: +134% · Conversion: Easy
Blend value · Realmo final
$1.77M
Range $1.59M – $1.95M · ±10% · vs last sale $1.77M (Oct 31 2024)
Last sale anchor
$1.77M
Oct 31 2024
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
$754 / 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
$3,540
Tax year 2024
Assessed value
$800,797
Assessed 2024
Previous assessed
$800,797
+0.0% YoY
Effective rate
0.44%
On assessed value
Assessed land
$406,201
Assessed improvement
$394,596
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1951
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,349 SF
Lot
0.09 ac (3,718 SF)
Zoning code
OC
APN
003-041-030-000
UPID
US09-4979847
Jurisdiction
NAPA
Zoning & alternative use
OC · Napa, CAZoning OC · permitted uses
OC · Napa, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The commercial office district implements the business professional land use category of the General Plan. It is meant to encourage concentrations of administrative, professional and business offices, public and quasi public uses and similar compatible uses, such as retail commercial uses oriented to the needs of nearby businesses. Intensive residential uses may also be allowed at appropriate locations. Conversions of residential rental units to nonresidential uses require review.
Zone name
Commercial Office
General category
COMMERCIAL
Zone area
31.76 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.5M
COMMERCIAL (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
Year built
1951
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Partnership Healthplan
Entity
Mailing address
433 SOSCOL AVE STE A120, NAPA, CA 94559-4038
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2024
$1,770,000
Partnership Healthplan
Peter A & Vernice H Gasser Foundati
Grant Deed
—
Feb 1, 2016
$690,000
Peter A & Vernice H Gasser Fou
Steffen Prentice D Trust
Grant Deed
—
Dec 2, 2013
—
Steffen,prentice D Trust
Steffen,prentice
Quit Claim Deed
related
—
Feb 28, 2012
—
Prentice Steffen
Carrara,sylvana
Grant Deed
related
—
Nov 21, 2007
$621,500
Prentice Steffen
Andrew J Pederson
Grant Deed
$468,750 · Charter Oak Bank
May 10, 2006
$557,000
Pederson A & M Living Trust
Drucker,regina
Grant Deed
$417,750 · First Republic Bank
Sep 10, 1999
$135,000
Regina Drucker
Durrant Trust
Grant Deed
$87,750 · Capitol Thrift & Loan
Aug 8, 1994
—
Durrant Trust
Durrant Trust
Quit Claim Deed
related
—
—
—
Regina Drucker
—
Deed Of Trust
related
$250,000 · Paul
—
—
Regina Drucker
—
Deed Of Trust
related
$250,000 · Westamerica Bank
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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