Multi-Office Professional
For Sale
$995,000
125 Hangar Way, Watsonville, CA 95076
Reception, private offices, conference space, a kitchen, and support rooms create a fully appointed workplace layout.
Property Size2,256 SF
Price / SF$441.05
Days on Market146
Property Features for 125 Hangar Way
General Information
Standard status
Active
Size
2,256 SF
Property subtype
Commercial
Zoning
IP
Additional Details
Condition
Move-in Ready
Highway Access
Yes
Sprinkler System
Yes
Property Use
Office
Building Details
Building Size
2,256 SF
Year Built
2007
Listing Agency:
Coldwell Banker Realty
Listed By:
Sean Pate · License #01160202
(831) 234-1416
Source:
Equityfirstre
Added: Jun 1
Changed: Oct 23
Last Checked: Oct 23 at 5:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,256-square-foot office unit in a 2007 building has a reception area, three private offices, a staff support area, and workstations. A conference room, full kitchen and break room, and two bathrooms round out the workplace layout. The unit also includes a dedicated server and storage room, fire sprinklers, a fire alarm, and a security system.
Located at 125 Hangar Way in Watsonville, the property has access to Highway 1 and is zoned IP. The existing office configuration accommodates a range of work and meeting functions within the suite.
Located at 125 Hangar Way in Watsonville, the property has access to Highway 1 and is zoned IP. The existing office configuration accommodates a range of work and meeting functions within the suite.
Key Highlights
- 2,256‑square‑foot office unit
- Three private offices, staff support area, and workstations
- Conference room, full kitchen and break room, and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,430
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,108,600
$1.1M
Cap Rate 7%
$791,857
$791.9K
Cap Rate 9%
$615,889
$615.9K
Market Conditions
NOI Build-Up for 2,256 SF
Gross rent
$94.8K $42.00/SF
− Vacancy
−$20.8K −$9.24/SF
EGI
$73.9K $32.76/SF
− OpEx
−$18.5K −$8.19/SF
NOI
$55.4K $24.57/SF
Area
Santa Cruz County, CA
Vacancy
22.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,108,600
Cap Rate 7%
$791,857
Cap Rate 9%
$615,889
Alternative Uses
Best Use
Office B
$791.9K
$692.9K – $923.8K
NOI $55,430 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$1.29M
$1.13M – $1.50M
NOI $90,299 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
849
Businesses Nearby
Explore this area
Business Placement
Demographics for 95076, CA
84,433
Population
26,488
Households
3.2
Avg Household Size
35
Median Age
19%
College-Educated
72%
High-School Grad
135.1 sq mi
ZIP Area
625
Density / Sq Mi
$86,685
Median Household Income
$36,077
Median Earnings
$1,851
Median Rent
$767,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Reception, private offices, conference space, a kitchen, and support rooms create a fully appointed workplace layout.
Where is this office unit located?
The property is located at 125 Hangar Way Watsonville, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 2,256‑square‑foot office unit; Three private offices, staff support area, and workstations; Conference room, full kitchen and break room, and 2 bathrooms
