Warehouse with Fenced Yard
126 Fern ST Santa Cruz, CA 95060
126 Fern ST, Santa Cruz, CA, 95060
$1,550,000
For Sale
$1,550,000
COMMERCIAL - SANTA CRUZ, CA
Property Size5,400 SF
Lot Size0.23 Acres
Price / SF$287.04
Days on Market62
Property Features for 126 Fern ST
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Light Industrial
- Parking
- 10
- Parking features
- Covered
- Security features
- Security Alarm
- Standard status
- Active
- Lot size
- 0.23 Acres
Utilities
- Heating system
- Central, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1974
Listing Agency
David Lyng Real Estate
(831) 429-5700
1041 41st Ave, CA
Listed by
Kasey Hinchman · License #01424163
(831) 239-3708
Added: May 20 Checked: Jul 20 at 11:06 am
MLS# ML82048057
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This sale package includes a warehouse and office facility at 126 Fern St, featuring approximately 5 offices, a kitchen, parking, and a fenced yard/storage area. The building has two roll-up doors, supporting practical day-to-day use for warehousing, staging, or light operations. The offering also includes two industrial parcels: 126 Fern St (APN 008-161-14) and 130 Fern St (APN 008-161-15), totaling approximately 9,844 SF.
The property is presented under light industrial zoning. The listing materials describe the transaction as a turnkey operation connected to Slatter Construction, an established Santa Cruz County commercial construction company with 40+ years of operations throughout the Bay Area.
The package includes the business as well as extensive operating assets. Slatter Construction is described as licensed as both a General Building Contractor and Engineering Contractor, with the listing stating capabilities across commercial, medical, hospitality, retail, entertainment, and public works projects. Included are work trucks (Ford F150/F250/F450/F650), bobcats, a forklift, and tools, equipment, inventory, and materials. The business and real estate are offered together or separately, and the listing notes that an NDA is required for financials and project pipeline information.
The property is presented under light industrial zoning. The listing materials describe the transaction as a turnkey operation connected to Slatter Construction, an established Santa Cruz County commercial construction company with 40+ years of operations throughout the Bay Area.
The package includes the business as well as extensive operating assets. Slatter Construction is described as licensed as both a General Building Contractor and Engineering Contractor, with the listing stating capabilities across commercial, medical, hospitality, retail, entertainment, and public works projects. Included are work trucks (Ford F150/F250/F450/F650), bobcats, a forklift, and tools, equipment, inventory, and materials. The business and real estate are offered together or separately, and the listing notes that an NDA is required for financials and project pipeline information.
Key Highlights
- 5,400+ SF warehouse/office at 126 Fern St, Santa Cruz with approx. 5 offices, kitchen, fenced yard/storage, parking, and 2 roll‑up doors
- Two industrial parcels included: 126 Fern St (APN 008‑161‑14) and 130 Fern St (APN 008‑161‑15), totaling approx. 9,844 SF
- Commercial construction business offers services across commercial, medical, hospitality, retail, entertainment, and public works projects
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $226.8k | $42.00 |
| − Vacancy | −$49.9k | −$9.24 |
| EGI | $176.9k | $32.76 |
| − OpEx | −$44.2k | −$8.19 |
| NOI | $132.7k | $24.57 |
5,400 SF · lease $42.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.90M
$1.66M – $2.21M
NOI $132,678 @ 7.0% cap · market cap 8.56%
Second Best
Warehouse
$1.87M
$1.64M – $2.19M
NOI $131,228 @ 7.0% cap · market cap 8.47%
Theoretical Best
Retail
$3.09M
$2.70M – $3.60M
NOI $216,140 @ 7.0% cap · market cap 13.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Slatter Construction, Inc
Construction Company
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FAQs
What type of property is this?
Flex space - Light industrial warehouse-office facility with roll-up doors, fenced yard storage, and multiple offices for flexible operations.
Where is this flex space located?
The property is located at 126 Fern ST Santa Cruz, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 5,400+ SF warehouse/office at 126 Fern St, Santa Cruz with approx. 5 offices, kitchen, fenced yard/storage, parking, and 2 roll‑up doors; Two industrial parcels included: 126 Fern St (APN 008‑161‑14) and 130 Fern St (APN 008‑161‑15), totaling approx. 9,844 SF; Commercial construction business offers services across commercial, medical, hospitality, retail, entertainment, and public works projects
