Stand-Alone Office
4665 Scotts Valley Drive Scotts Valley, CA 95066
4665 Scotts Valley Drive, Scotts Valley, CA, 95066
$975,000
For Sale
$975,000
Stand-alone office building with a central shared workspace, four private offices, and large conference room, plus deck access from each office.
Property Size1,816 SF
Price / SF$536.89
Days on Market32
Property Features for 4665 Scotts Valley Drive
General Information
- Standard status
- Active
- Size
- 1,816 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1980
Listing Agency
Kathleen Morgan-Martinez, Broker
(831) 438-1221
Listed by
Kathleen Morgan-Martinez · License #01807811
(831) 438-1221
Source
Exitrealty
Added: Jun 19 Updated: Jul 19 at 1:12 pm Checked: Jul 20 at 3:26 am
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 Kathleen Morgan-Martinez, Broker
Investment Insights
Based on property information with market context.
This stand-alone office building is configured around a large central shared space suitable for administrative staff or a co-work setup, with four adjacent private offices and a large conference room. Each office has deck access, and the main entrance includes a seated waiting/reception area. The interior also features two private bathrooms (one with a shower) and a kitchen. The property includes a new HVAC system, and the owner will consider the sale of office furniture with the building.
The building is located on Scotts Valley Drive and is served by a private driveway and parking with ADA accessibility.
The building is located on Scotts Valley Drive and is served by a private driveway and parking with ADA accessibility.
Key Highlights
- Professional stand‑alone office building on Scotts Valley Drive built in 1980
- Central shared workspace with four adjacent private offices and a large conference room
- Deck access from each office
Local Financial Insights For Office B
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 | $76.3k | $42.00 |
| − Vacancy | −$16.8k | −$9.24 |
| EGI | $59.5k | $32.76 |
| − OpEx | −$14.9k | −$8.19 |
| NOI | $44.6k | $24.57 |
1,816 SF · lease $42.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$637.4K
$557.7K – $743.7K
NOI $44,619 @ 7.0% cap · market cap 4.58%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$1.04M
$908.6K – $1.21M
NOI $72,687 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Coworking space
Similar For Sale Nearby
FAQs
What type of property is this?
Coworking space - Stand-alone office building with a central shared workspace, four private offices, and large conference room, plus deck access from each office.
Where is this coworking space located?
The property is located at 4665 Scotts Valley Drive Scotts Valley, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Professional stand‑alone office building on Scotts Valley Drive built in 1980; Central shared workspace with four adjacent private offices and a large conference room; Deck access from each office
