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Corner Commercial Land
For Sale
$5,500,000

3720 Capitola Rd, Santa Cruz, CA 95062

Community Commercial-zoned site with access from two streets and potential for mixed-use redevelopment.

Property SizeContact for details
Days on Market45

Property Features for 3720 Capitola Rd

General Information

Standard status Active
Property subtype Commercial

Amenities

High visibility infill redevelopment site on Capitola Road
Ideal site for retail, affordable housing, senior living, or hospitality
Walking distance to Target, Whole Foods, New Leaf Community Market, Trader Joe's, CVS, and dozens of restaurants and shops
Near parks, beaches, popular tourist destinations, libraries, and community centers
Capitola Mall was recently re-zoned to allow development of more than 1,700 residential units
Listed By: Josh Johnson · License #License(s): CA: 01930127
Source: Marcusmillichap
Added: Jul 22 Changed: Aug 31 Last Checked: Sep 2 at 1:20PM

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 Josh Johnson

Investment Insights

Based on property information with market context.

Located at 3720 Capitola Road in Capitola, this approximately 0.60-acre commercial land parcel occupies a corner position at Capitola Road and Bulb Avenue. The rectangular site has frontage and access along both streets, supporting a flexible redevelopment layout.

Community Commercial zoning permits personal services, business services, retail sales, and office uses. Residential development may also be incorporated through a mixed-use project, while affordable housing development may qualify for state programs including AB 2011. The state density bonus law may provide an avenue for greater density in an affordable housing project than the existing zoning otherwise allows.

Key Highlights

  • Approximately 0.60‑acre commercial redevelopment site
  • Corner location at Capitola Road and Bulb Avenue
  • Frontage and access along two streets

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Daycare Center Pet Grooming Service Butcher Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,545
Businesses Nearby

Demographics for 95062, CA

36,268
Population
17,055
Households
2.1
Avg Household Size
43
Median Age
51%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
7,111
Density / Sq Mi
$108,261
Median Household Income
$54,059
Median Earnings
$2,291
Median Rent
$1,064,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Community Commercial-zoned site with access from two streets and potential for mixed-use redevelopment.
Where is this commercial land located?
The property is located at 3720 Capitola Rd Santa Cruz, 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: Approximately 0.60‑acre commercial redevelopment site; Corner location at Capitola Road and Bulb Avenue; Frontage and access along two streets
More about this property
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