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Warehouse with Fenced Yard Storage

126 Fern ST Santa Cruz, CA 95060

Claim this Listing
For Sale
$1,550,000

COMMERCIAL - SANTA CRUZ, CA

Property size:
5,400 SF
Lot size:
0.23 Acres
Price / SF:
$287/SF
Added:
May 20, 2026
Days on Market:
54
Last Refresh:
Jul 12 at 12:06 am

Property Features for 126 Fern ST

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Light Industrial
Parking
10
Parking features
Covered
Security features
Security Alarm
Standard status
Active
Lot size
0.23 Acres

Utilities

Heating system
Forced Air, Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1974

Listing agent Kasey Hinchman License #01424163

Listing office David Lyng Real Estate 1041 41st Ave, CA

Listing date May 20, 2026

MLS# ML82048057

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This sale package includes a warehouse and office facility at 126 Fern St, featuring approximately 5 offices, a kitchen, parking, and a fenced yard/storage area. The building has two roll-up doors, supporting practical day-to-day use for warehousing, staging, or light operations. The offering also includes two industrial parcels: 126 Fern St (APN 008-161-14) and 130 Fern St (APN 008-161-15), totaling approximately 9,844 SF.

The property is presented under light industrial zoning. The listing materials describe the transaction as a turnkey operation connected to Slatter Construction, an established Santa Cruz County commercial construction company with 40+ years of operations throughout the Bay Area.

The package includes the business as well as extensive operating assets. Slatter Construction is described as licensed as both a General Building Contractor and Engineering Contractor, with the listing stating capabilities across commercial, medical, hospitality, retail, entertainment, and public works projects. Included are work trucks (Ford F150/F250/F450/F650), bobcats, a forklift, and tools, equipment, inventory, and materials. The business and real estate are offered together or separately, and the listing notes that an NDA is required for financials and project pipeline information.

Key Highlights

  • Sale includes a 5,400+ SF warehouse/office facility at 126 Fern St, Santa Cruz, with approx. 5 offices, kitchen, fenced yard/storage, parking, and 2 roll‑up doors
  • Includes two industrial parcels totaling approx. 9,844 SF: 126 Fern St (APN 008‑161‑14) and 130 Fern St (APN 008‑161‑15)
  • Business and real estate can be purchased together or separately (business offered at $899,000; real estate at $1,550,000)

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $162.0k $30.00
− Vacancy −$7.6k −$1.41
EGI $154.4k $28.59
− OpEx −$23.2k −$4.29
NOI $131.2k $24.30
5,400 SF · lease $30.00/SF/yr · vacancy 4.70% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.87M
$1.64M – $2.19M (±1% cap)
NOI $131,228 @ 7.0% cap · market cap 8.47%
Second Best
Industrial
$1.54M
$1.35M – $1.80M (±1% cap)
NOI $108,070 @ 7.0% cap · market cap 6.97%
Theoretical Best
Retail
$3.09M
$2.70M – $3.60M (±1% cap)
NOI $216,140 @ 7.0% cap · market cap 13.94%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Slatter Construction, Inc Construction Company

Suggested Use

Barber Shop Auto Parts Store (Bike/Boat/Book/etc) Store HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

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  • Happy Dog Hot Dogs — Auto Body Parking, lot 324 River St, Santa Cruz, CA 95060
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FAQs

What type of property is this?
Flex space - Light industrial warehouse-office facility with roll-up doors, fenced yard storage, and multiple offices for flexible operations.
Where is this flex space located?
The property is located at 126 Fern ST Santa Cruz, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Sale includes a 5,400+ SF warehouse/office facility at 126 Fern St, Santa Cruz, with approx. 5 offices, kitchen, fenced yard/storage, parking, and 2 roll‑up doors; Includes two industrial parcels totaling approx. 9,844 SF: 126 Fern St (APN 008‑161‑14) and 130 Fern St (APN 008‑161‑15); Business and real estate can be purchased together or separately (business offered at $899,000; real estate at $1,550,000)
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More about this property
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