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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Commercial land
1961 Iroquois St Napa, CA 94559-1327
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1670122
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1944
Construction
WOOD FRAME
Total area
576 SF
Lot
0.16 ac (6,840 SF)
Zoning code
IL
APN
003-053-002-000
UPID
US10-1670122
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
by Request
Comparable Approach
Comparable
$532k
Blend (final)
Blend
$575k
Owner & transaction history
Leon Murders · 5 yrs held
Leon Murders
since 2021
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
IL · Napa, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $600k (Mar 24 2021)
Last sale anchor
$600k
Mar 24 2021
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
$998 / 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
$8,263
Tax year 2024
Assessed value
$676,766
Assessed 2024
Previous assessed
$676,766
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$656,186
Assessed improvement
$20,580
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1944
Construction
WOOD FRAME
Heating
NONE
Rooms
3
Bathrooms
1
Total area
576 SF
Lot
0.16 ac (6,840 SF)
Zoning code
IL
APN
003-053-002-000
UPID
US10-1670122
Jurisdiction
NAPA
Zoning & alternative use
IL · Napa, CA
Zoning IL · permitted uses
IL · 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.
Building & site characteristics
From public records
Year built
1944
Construction
WOOD FRAME
Heating
NONE
Rooms
3
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Leon Murders
Individual
Mailing address
2935 ELSIE WAY, UKIAH, CA 95482-8120
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2023
—
Leon Murders
—
Deed
related
$650,000 · Thomas And Leigha Trust 2006
Apr 10, 2023
—
Leon Murders
—
Deed
related
$1,625,000 · Sonoma County Grange Cu
Sep 16, 2022
—
Leon Murders
—
Deed
related
$300,000 · Thomas And Leigha From Trust
Mar 24, 2021
—
Leon Murders
Leon Murders
Intrafamily Transfer
related
$1,286,100 · Calcap Lending LLC
Nov 6, 2018
$600,000
Murders,leon Living Trust
Conrads Family Investments INC
Grant Deed
$300,000 · 1963 Iroquois LLC
Feb 3, 2017
$400,000
Conrads Family Investments INC
Mullen-nixon Family Trust
Grant Deed
—
Nov 20, 2015
—
Paul D Mullen
Nixon,tami K
Quit Claim Deed
related
—
Sep 24, 2014
—
Tami K Nixon
Nixon D R & D J Trust
Quit Claim Deed
related
—
Feb 28, 2014
—
Paul D Mullen
Nixon,tami K
Quit Claim Deed
related
—
May 3, 2005
—
David R Nixon
Nixon,dorothy J
Quit Claim Deed
related
—
May 3, 2005
$376,000
David R Nixon
Sensenbauch Trust
Grant Deed
$281,250 · Bayview Financial LP
Jan 3, 1994
—
Sensenbaugh Trust
Sensenbaugh,john
Quit Claim Deed
related
—
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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