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Property profile & analytics
FOR LEASE
Industrial properties
550 Gateway Dr Napa, CA 94558
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2585177
For Lease
1 / 2
$7,695,000
550 Gateway Dr, Napa, CA 94558
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2004
Construction
TILT-UP CONCRETE
Total area
50,000 SF
Lot
3.33 ac (145,054 SF)
Zoning code
IP:AC
APN
057-220-023-000
UPID
US09-2585177
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
$10.23M
Blend (final)
Blend
$7.70M
Owner & transaction history
Milpitas Properties INC · 11 yrs held
Milpitas Properties INC
since 2014
7 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.70M
Range $6.93M – $8.46M · ±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
$154 / 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
$115,812
Tax year 2024
Assessed value
$10,251,071
Assessed 2024
Previous assessed
$10,251,071
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,531,766
Assessed improvement
$8,719,305
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
For Lease
Year built
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
50,000 SF
Lot
3.33 ac (145,054 SF)
Zoning code
IP:AC
APN
057-220-023-000
UPID
US09-2585177
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
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
3.33 ac
Current owner
From public records · entity-resolved
Milpitas Properties INC
Entity
Mailing address
1850 SOSCOL AVE STE #207, NAPA, CA 94559-1355
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2018
—
Milpitas Properties INC
—
Deed
related
$7,700,000 · First Bk
Dec 23, 2014
—
Milpitas Properties INC
Napa Lot 11 LLC
Grant Deed
$5,690,000 · First Bank
Mar 30, 2011
—
Napa Lot 11 LLC
—
Deed Of Trust
related
$6,420,000 · Wells Fargo Bank
Nov 4, 2009
—
Napa Lot 11 LLC
—
Deed Of Trust
related
$6,670,000 · Wells Fargo Bank
Nov 26, 2003
—
Napa Lot 11 LLC
—
Trustees Deed
related
$4,970,000 · Mechanics Bank
Jun 13, 2003
$613,500
Napa Lot 11 LLC
Napa Valley Gateway Ltd
Grant Deed
related
—
—
—
Milpitas Properties INC
—
Loan Modification
related
$7,700,000 · First Bk
—
—
Napa Lot 11 LLC
—
Deed Of Trust
related
$470,000 · Mechanics 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.
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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