New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,235,000
Flex space
500 Gtwy Dr Napa, CA 94558-7517
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3014415
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1998
Construction
TILT-UP CONCRETE
Total area
15,876 SF
Lot
1.42 ac (61,855 SF)
Zoning code
IP:AC
APN
057-220-021-000
UPID
US09-3014415
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
$2.79M
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$2.24M
Owner & transaction history
M & Y Properties LLC · 14 yrs held
M & Y Properties LLC
since 2012
6 recorded transactions
Zoning & alternative use
IP:AC · 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%
$3,025,000
6.5%
$2,790,000
7%
$2,590,000
Blend value · Realmo final
$2.24M
Range $2.01M – $2.46M · ±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
$141 / 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
$29,690
Tax year 2024
Assessed value
$2,247,347
Assessed 2024
Previous assessed
$2,247,347
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$584,923
Assessed improvement
$1,662,424
Applied tax rate
72.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
15,876 SF
Lot
1.42 ac (61,855 SF)
Zoning code
IP:AC
APN
057-220-021-000
UPID
US09-3014415
Jurisdiction
NAPA
Zoning & alternative use
IP:AC · Napa, CA
Zoning IP:AC · permitted uses
IP:AC · 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
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
1.42 ac
Current owner
From public records · entity-resolved
M & Y Properties LLC
Entity
Mailing address
1321 1ST ST, NAPA, CA 94559-2927
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2012
$1,825,000
M & Y Properties LLC
Mattson Properties LLC
Grant Deed
$912,500 · Jpmorgan Chase Bank NA
Dec 31, 2009
—
Mattson Properties LLC
Kerr,lurette C M
Grant Deed
—
Nov 9, 2009
—
Lurette C M Kerr
Mattson L Living Trust
Grant Deed
related
—
Dec 17, 1999
—
Mattson Trust
Napa Valley Gateway Ltd
Grant Deed
related
—
Apr 15, 1996
—
Napa Counties Electrical
Napa Valley Gateway Ltd
Quit Claim Deed
related
—
—
—
Napa Valley Gateway Ltd
—
Deed Of Trust
related
$1,172,500 · Luther Burbank Savings & Loan
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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