Corner Redevelopment Land
3720 Capitola Road Capitola, CA 95010
New
For Sale
$5,500,000
High-visibility corner redevelopment site directly across from Capitola Mall with confirmed AB 2011 affordable housing approval.
Days on Market5
Property Features for 3720 Capitola Road
General Information
- Standard status
- Active
- Property subtype
- Commercial/Industrial
Listing Agency:
Marcus & Millichap
(650) 391-1784
Listed By:
Joshua Johnson · License #01930127
(650) 391-1784
Source:
Exitrealty
Added: Jul 22
Changed: Jul 24
Last Checked: Jul 26 at 5:16AM
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
Investment Insights
Based on property information with market context.
This high-visibility corner redevelopment site is located directly across from the Capitola Mall. The property is being marketed for redevelopment and the city has confirmed that affordable housing developments can be approved through a ministerial process using AB 2011.
The Capitola Mall is the largest retail development in Santa Cruz County, featuring 584,000 square feet of space. The city recently re-zoned the mall to allow up to 1,777 residential units to be built on the site, supporting the area’s evolving mixed-use direction.
The surrounding retail concentration includes major brands such as Target, Whole Foods, New Leaf, CVS, Trader Joe’s, Kohl’s, Macy’s, Michaels, and Ross. The site is also described as a short distance from Pleasure Point, The Hook, Capitola Beach, and Capitola Village, and is situated at the main retail destination in the county near the intersection of Capitola Road and 41st Avenue.
The Capitola Mall is the largest retail development in Santa Cruz County, featuring 584,000 square feet of space. The city recently re-zoned the mall to allow up to 1,777 residential units to be built on the site, supporting the area’s evolving mixed-use direction.
The surrounding retail concentration includes major brands such as Target, Whole Foods, New Leaf, CVS, Trader Joe’s, Kohl’s, Macy’s, Michaels, and Ross. The site is also described as a short distance from Pleasure Point, The Hook, Capitola Beach, and Capitola Village, and is situated at the main retail destination in the county near the intersection of Capitola Road and 41st Avenue.
Key Highlights
- High‑visibility corner redevelopment site directly across from Capitola Mall
- City confirmed affordable housing developments can be approved through a ministerial process using AB 2011
- Capitola Mall is the largest retail development in Santa Cruz County with 584,000 SF of space
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - High-visibility corner redevelopment site directly across from Capitola Mall with confirmed AB 2011 affordable housing approval.
Where is this commercial land located?
The property is located at 3720 Capitola Road Capitola, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: High‑visibility corner redevelopment site directly across from Capitola Mall; City confirmed affordable housing developments can be approved through a ministerial process using AB 2011; Capitola Mall is the largest retail development in Santa Cruz County with 584,000 SF of space
