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    60 Penny Ln Watsonville, CA 95076

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    For Lease
    $1.53 SF/Yr ($563 /Mo)

    Two-story medical office building in Watsonville's commercial district.

    Property size:
    4,422 SF
    Lot size:
    0.24 Acres

    Property Features for 60 Penny Ln

    General Information

    Size
    4,422 SF
    Lot size
    0.24 Acres

    Source: Davis Property Group Agent Kelly Davis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office in Watsonville

    Located in the heart of Watsonville's commercial and medical district, 60 Penny Lane is a two-story single-tenant medical office building with an area of approximately 4422 square feet. The building features landscaping, HVAC, ample parking, high visibility, and is walkable to dining, shops, a gym, and a bus line. The interior is in excellent condition and includes an entry waiting area, a reception area, multiple private office/exam treatment rooms, a large open floor plan, two private bathrooms with both laundry and shower access, staff areas, and water access throughout. The property benefits from natural light and an upstairs area with open workspace and two additional private office/exam treatment rooms. Tenant is responsible for all utilities and expenses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Steven Bruce, PT Physical Therapist Pamela Wolfe, OT Occupational Therapist Pacific Coast Therapists Physical Therapy Clinic Ashlee Mcmicken Physical Therapist Kayla Uemura Physical Therapist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Pajaro Valley Veterinary Hospital, Welch Valerie DVM

    Location Insight

    • Map
    • Local Demand
    City
    Watsonville
    County
    Santa Cruz
    State
    California
    Longitude
    -121.7786471
    Latitude
    36.9308866

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    FAQs

    What type of property is this?
    Medical office - Two-story medical office building in Watsonville's commercial district.
    Where is this medical office located?
    The property is located at 60 Penny Ln Watsonville, CA.
    What is the lease rate?
    The lease rate is $1.53 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location in Watsonville's commercial-medical district.; - **4422 sqft+\/- medical-office building in excellent condition.**; - Multiple private office/exam treatment rooms and large open floor plan.
    (831) 724-2343
    Request Owner's contact information
    60 Penny Ln 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
    60 Penny Ln Watsonville, CA 95076
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