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    80 Porter Dr, Unit A Watsonville, CA 95076

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    For Sale
    $3,995,000

    Commercial property featuring 10 rental units and long-term tenants.

    Lot size:
    0.56 Acres

    Property Features for 80 Porter Dr

    General Information

    Lot size
    0.56 Acres

    Building Details

    Year built
    1945

    Source: Coldwell Banker Realty Agent Paul Zech

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

    Overview

    Commercial Property with Rental Income

    This commercial property, located at 80 Porter Dr A, Watsonville, CA, also known as 70 Porter Dr & 80A Porter Dr, presents a significant investment opportunity. The property, identified by APN # 117-332-015 and APN 117-332-014, currently features 10 rental income units. Residential tenants occupy the second floor above a stereo electronics store, with one studio unit and two individual bedroom rentals. Other long-term commercial tenants include a restaurant, auto repair shop, auto body shop, market, hair salon, and battery sales. All commercial tenants are currently on month-to-month agreements. A new 30-year roof was completed in June 2022 and includes a 10-year warranty. The electrical system was updated in 2015, and the plumbing in the residential units was updated in 2020. The property has seven electrical meters and three water meters, one of which is not in use. Pro forma data suggests potential for increased rental income based on current market rates. Seller will consider some seller financing. Square footage information is based on tax assessor records or property manager data and is not guaranteed exact.
    Location Intelligence

    Current Use by Public Records

    La Tiendita Mexican ... Supermarket La Poblanita Neveria ... Bakery Multi Pack & Transport Print Shop

    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.

    Similar Places Nearby

    Plaza Vigil

    Location Insight

    • Map
    • Local Demand
    City
    Watsonville
    County
    Santa Cruz
    State
    California
    Longitude
    -121.7484431
    Latitude
    36.9020458

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    FAQs

    What type of property is this?
    Shopping center - Commercial property featuring 10 rental units and long-term tenants.
    Where is this shopping center located?
    The property is located at 80 Porter Dr, Unit A Watsonville, CA.
    What is the asking price?
    The asking price for this property is $3,995,000.
    What are key features of this property?
    This property features: - 10 rental income units provide immediate cash flow.; - New 30-year roof installed in June 2022 with a 10-year warranty.; - Potential for increased rental income based on current market rates.
    (831) 247-3007
    Request Owner's contact information
    80 Porter Dr, Unit A 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
    80 Porter Dr, Unit A Watsonville, CA 95076
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