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    Detached Office Building with Parking Title is generated by Realmo AI

    4746 Soquel DR, Soquel, CA 95073

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    New
    For Lease
    $7,000 /Mo

    COMMERCIAL - SOQUEL, CA

    Lot size:
    0.13 Acres
    Added:
    Jun 5, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 6 at 1:06 am

    Property Features for 4746 Soquel DR

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    PF-GH
    Parking
    5
    Parking features
    Guest
    Security features
    Security Alarm
    Standard status
    Active
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Wall Furnace, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1926
    Flooring type
    Tile, Laminate
    Roof type
    Flat

    We can help!

    Listing Contact
    The Madani Team

    Listing agent The Madani Team License #70010074

    Listing office Room Real Estate 6990 HWY 9, Felton, CA

    Listing date Jun 5, 2026

    MLS# ML82049985

    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.

    HighLights

    • Fully detached office building in downtown Soquel
    • Recent upgrades include newly installed mini‑split systems for efficient, customizable climate control
    • Fully renovated kitchen for staff use or client hospitality
    • Two separate gas and electric meters, suited for shared occupancy and simplified utility management
    • Flexible floor plan for multiple business configurations, including potential subletting of portions
    • Dedicated on‑site guest parking; roof is flat and water source is public

    Overview

    This fully detached office building is designed for professional, creative, and service-oriented use. The layout is flexible, supporting operation as a single owner-user or, where desired, subletting portions of the building. Recent improvements include newly installed mini-split systems for efficient, room-by-room climate control. The building also features a fully renovated kitchen suitable for staff use or client hospitality. For utilities, there are two separate gas and electric meters, which can help simplify shared occupancy arrangements.

    The property is located in the heart of downtown Soquel at 4746 Soquel Dr, with strong visibility and consistent foot traffic. Dedicated on-site parking is provided, a practical benefit in a walkable area near local shops, restaurants, and community amenities. The property is zoned PF-GH.

    For tenants and operators, the combination of a flexible floor plan, modern HVAC upgrades, and an upgraded kitchen supports a range of office and client-facing business models. The presence of separate utility meters can be useful for shared occupancy or internal reconfiguration, while the on-site parking helps accommodate staff and visitors. Businesses seeking an accessible downtown presence in Soquel should find the building’s recent updates and adaptable configuration well aligned with everyday operating needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Brittany Rocha-Anaya | Realtor Real Estate Agency Ben Thomas | ROOM ... Real Estate Agency ROOM Real Estate Real Estate Agency Gabe Drumm | Room ... Real Estate Agency Shaye Carter - Realtor- ... Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Soquel
    County
    Santa Cruz
    State
    California
    Longitude
    -121.9564337
    Latitude
    36.9881355

    FAQs

    What type of property is this?
    Office building - Detached downtown office with dedicated on-site parking, renovated kitchen, and mini-split climate control for flexible occupancy.
    Where is this office building located?
    The property is located at 4746 Soquel DR Soquel, CA.
    What is the lease rate?
    The lease rate is $7,000 /Mo.
    What are key features of this property?
    This property features: Fully detached office building in downtown Soquel; Recent upgrades include newly installed mini‑split systems for efficient, customizable climate control; Fully renovated kitchen for staff use or client hospitality
    (831) 234-6683
    We can help!
    Listing Contact
    The Madani Team
    Real Estate License ID: 70010074
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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.

    More about this property
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