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    Aptos Office Investment Opportunity Title is generated by Realmo AI

    9500 Soquel Dr C, Aptos, CA 95003

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    For Lease
    $995,000 SF/Yr $184,821,250/Mo (calc)

    Office building in thriving Aptos, California, near Highway 1.

    Type:Commercial
    Property size:
    2,229 SF
    Lot size:
    0.15 Acres
    Added:
    May 15, 2026
    Days on Market:
    18
    Last Refresh:
    May 15 at 2:08 am

    Property Features for 9500 Soquel Dr C

    General Information

    Standard status
    Active
    Size
    2,229 SF
    Lot size
    0.15 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1977

    We can help!

    Listing Contact
    Andres Lopez
    Andres Lopez

    Listing agent Andres Lopez License #01936458

    Listing office Marcus & Millichap - Palo Alto

    Listing date May 15, 2026

    Source Elliman

    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 Marcus & Millichap - Palo Alto

    HighLights

    • Prime location on Soquel Drive, a main commercial corridor, offering strong visibility and easy access to Highway 1.
    • Close proximity to Aptos Village, a growing hub of shops, dining, and residential development.
    • Located in a desirable coastal market with nearby beaches, coastal recreation, and the Forest of Nisene Marks State Park.
    • Beautifully designed office suite floor plans with a gross building area of approximately 2,229 square feet.
    • Situated on a 6,708‑square‑foot parcel of land.
    • Bikeable (Bike Score 66) and Very Walkable (Walk Score 70).

    Overview

    The property at 9500 Soquel Dr is an office investment opportunity located in Aptos, California. Constructed in 1977, the building has a gross building area of approximately 2,229 square feet and is situated on a 6,708-square-foot parcel of land. The property offers office suite floor plans. The location benefits from its positioning along Soquel Drive, a main commercial corridor, providing visibility and access to Highway 1, which connects Aptos to Santa Cruz and the Monterey Bay. The property is near Aptos Village, a hub of shops, dining, and residential development that generates foot and vehicle traffic. The location is surrounded by lifestyle amenities, including beaches, coastal recreation, and the Forest of Nisene Marks State Park, attracting local residents and visitors, supporting retail and office demand. The bike score is 66, indicating it is bikeable, and the walk score is 70, indicating it is very walkable.
    Location Intelligence

    Current Use by Public Records

    Allanson Insurance Agency Insurance Agency Covered California Certified ... Insurance Agency Incredible beauty permanent ... Tattoo & Piercing Shop Pacific Point Podiatry, ... Physician Tea Nguyen, DPM Physician

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Aptos
    County
    Santa Cruz
    State
    California
    Longitude
    -121.8847932
    Latitude
    36.9760303

    Nearby Similar for Lease

    • $495,000 SF/Yr
      759 SF

      Aptos Office Investment Opportunity

      Office space in a desirable coastal community, Aptos, California.
      9509 Soquel Dr, Aptos, CA 95003
      View Details
    • $30 SF/Yr
      3,500 SF

      Aptos Former Bank Space

      Approximately 3,500 SF space with mezzanine office for rent.
      783 Rio Del Mar Blvd, Aptos, CA
      View Details
    • $2 SF/Yr
      1,100 SF

      Aptos Office Space Available

      Office space featuring a reception area, kitchenette, and conference room.
      7010 Soquel Dr, Aptos, CA
      View Details
    • Contact for pricing
      1,040 SF

      Aptos Office Space Available

      Well-maintained Aptos office space available for rent April 1, 2026.
      9055 Soquel Dr, Aptos, CA 95003
      View Details

    FAQs

    What type of property is this?
    Office building - Office building in thriving Aptos, California, near Highway 1.
    Where is this office building located?
    The property is located at 9500 Soquel Dr C Aptos, CA.
    What is the lease rate?
    The lease rate is $995,000.
    What are key features of this property?
    This property features: Prime location on Soquel Drive, a main commercial corridor, offering strong visibility and easy access to Highway 1.; Close proximity to Aptos Village, a growing hub of shops, dining, and residential development.; Located in a desirable coastal market with nearby beaches, coastal recreation, and the Forest of Nisene Marks State Park.
    (408) 421-4703
    We can help!
    Listing Contact
    Andres Lopez
    Andres Lopez
    Real Estate License ID: 01936458
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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