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    34 Hangar Way Watsonville, CA 95076

    For Sale
    $2,495,000

    High-yield, fully leased industrial property.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, located at 34 Hangar Way A-F in Watsonville, California, presents a compelling investment opportunity. Situated on a 0.49-acre lot in the heart of Watsonville's thriving light industrial area, this fully leased building boasts high-quality, long-term tenants, ensuring a stable and predictable income stream. The property's strategic location provides easy access to Highway One and Airport Boulevard, enhancing its visibility and accessibility for both tenants and customers. The building itself is of high quality construction, reflecting a commitment to durability and functionality. The current lease agreements demonstrate the strong demand for commercial space in this prime location. This presents a rare chance to acquire a well-established, income-producing asset with significant potential for future appreciation. The property's strong tenant base and prime location offer a secure investment, while the possibility of eventual owner-user occupancy provides additional long-term flexibility. This is an ideal acquisition for investors seeking a stable, high-yield property in a desirable commercial district. The substantial upside potential makes this a truly unique opportunity in the Watsonville market. The asking price is $2,495,000.

    Property Features for 34 Hangar Way

    General Information

    Property type
    Other commercial real estate
    Lot Size
    21,344 SF

    Building Details

    Year Built
    1977
    Insight Report Location Intelligence

    Current Use by Public Records

    Wills Avocados Wholesaler Souza's Cabinets Cabinet Maker B & K Cabinets Cabinet Maker Adv Blinds Window Treatment Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Watsonville
    County
    Santa Cruz
    State
    California
    Longitude
    -121.7915
    Latitude
    36.9288

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield, fully leased industrial property.
    Where is this commercial real estate located?
    The property is located at 34 Hangar Way Watsonville, CA.
    What is the asking price?
    The asking price for this property is $2,495,000.
    (831) 688-7434
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    34 Hangar Way Watsonville, CA 95076
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    Watsonville, CA 95076
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    34 Hangar Way Watsonville, CA 95076
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