North Bay · CA
Commercial Real Estate in Napa County
Napa County pairs a wine-and-hospitality economy up the valley with a working industrial base in the south county — two commercial markets under one name.
Napa County's commercial geography splits at the city of Napa. North along Highway 29 and the Silverado Trail — Yountville, St. Helena, Calistoga — the market is hospitality, tasting rooms, restaurants and boutique retail, with tightly held downtown cores and use restrictions that shape what can go where. South of the city, American Canyon and the airport area carry the county's industrial, warehouse and distribution stock, with Highway 29 and Highway 12 connecting to I-80 and the Solano County logistics corridor.
Napa city itself holds the county's office market and its most active downtown, alongside service commercial along Soscol Avenue and the Highway 29 frontage. Highway 12 and Highway 121 link the valley west to the Sonoma Valley and the US-101 corridor, which is the route most Sonoma-based operators take into the county.
We cover Napa County from Santa Rosa, and our quarterly multifamily reporting tracks Napa alongside Sonoma and Marin so the three North Bay counties can be read against each other.
Napa County submarkets and corridors: Highway 29 corridor · Downtown Napa / Soscol Avenue · American Canyon / Airport industrial · Silverado Trail · Up-valley: Yountville, St. Helena, Calistoga
Market Intelligence
Multifamily Market Indicators
Napa County · Napa — CA USA · Q2 2026 (April 1 – June 30, 2026) · Source: CoStar, as of 2026-07-17
Average Asking Rent / Unit
$2,546
Napa County multifamily
Vacancy Rate
9.1%
6,848 units of inventory
Market Sale Price / Unit
$328K
Market cap rate 5.5%
Q2 Sales Volume
$1,700,000
1 properties · 7 units
Q2 Price / Unit
$242,857
Volume ÷ units sold
Q2 Average Cap Rate
4.5%
Mean of 1 disclosed
Figures cover multifamily properties of five units or more across the Napa County market area — they are not a guide to industrial, office, or retail fundamentals, and not city-level. For asset-specific Napa County comparables call 707-591-0570 or request a market briefing. All figures should be independently verified before use in a transaction.
Interactive
Napa County Market Data
Built from our Q2 2026 (April 1 – June 30, 2026) multifamily research. Hover, tap and filter — every figure is sourced in the caption beneath it.
Market Reports
Napa County Reports
All market insights →
Common Questions
Napa County Commercial Real Estate FAQ
Where is the industrial space in Napa County?
Almost all of it sits in the south county — American Canyon and the airport area south of the city of Napa — where Highway 29 and Highway 12 connect to I-80. The up-valley towns carry very little industrial product, and what exists is generally tied to wine production.
Does W Commercial work in Napa County?
Yes. We cover Napa County from our Santa Rosa office, principally the city of Napa and the American Canyon industrial market, and our quarterly reporting tracks Napa multifamily alongside Sonoma and Marin. Call 707-591-0570 to discuss a Napa requirement.
How does Napa County compare to Sonoma County for commercial space?
Napa is the smaller and more specialised market. Sonoma County has substantially more inventory across every asset class, and the US-101 corridor gives it a broader tenant base. Napa's advantages are its hospitality economy up-valley and its I-80 access in the south county, which serves operators oriented toward Solano County and the East Bay.