Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Freestanding Retail Building in Los Gatos Title is generated by Realmo AI

    575 N Santa Cruz, Los Gatos, CA

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Freestanding ±5,268 SF retail building with dedicated parking.

    Type:RETAIL
    Property size:
    2,517 SF
    Lot size:
    0.36 Acres
    Added:
    Mar 24, 2025
    Days on Market:
    439
    Last Refresh:
    May 20 at 9:13 pm

    Property Features for 575 N Santa Cruz

    General Information

    Standard status
    Active
    Size
    2,517 SF
    Lot size
    0.36 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 575 N Santa Cruz Contact us

    We can help!

    Listing Contact
    John Machado

    Listing agent John Machado License #CA 00876747

    Listing office Colliers | Silicon Valley

    Listing date Mar 24, 2025

    Source Moodyscre

    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 Colliers | Silicon Valley

    HighLights

    • Freestanding ±5,268 SF building
    • Dedicated on‑site exclusive parking
    • Located at intersection of N Santa Cruz Ave and Ashler Ave, Los Gatos, CA
    • Features 2 private offices
    • Includes 2 ADA restrooms
    • Benefit from 1 conference room

    Overview

    This freestanding building offers approximately 5,268 square feet of retail space. The property features dedicated on-site exclusive parking. Inside, the layout includes two private offices, a conference room, and a storage/server room. There are also two ADA-compliant restrooms. The building is located at the intersection of North Santa Cruz Avenue and Ashler Avenue in Los Gatos, California. The building was occupied until April 30, 2023.
    Location Intelligence

    Current Use by Public Records

    Wells Fargo Home ... Loan Service Mike Cheng - 1964184 ... Loan Service Frank Michael Esposito ... Loan Service Liz Collins - 250887 ... Loan Service Milli Seth - 2020882 ... Loan Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Gatos
    County
    Santa Cruz
    State
    California
    Longitude
    -121.979
    Latitude
    37.234

    Nearby Similar for Lease

    • $3 SF/Yr
      1,700 SF

      Downtown Retail Storefront Suite

      Turnkey storefront with an open retail layout, private office/storage, restroom, and large basement storage included.
      318 N Santa Cruz Ave, Los Gatos, CA 95030
      View Details
    • $4 SF/Yr
      10,746 SF

      Class A Office Building

      Suburban office building near Oak Meadow and Vasona Park.
      718 University Avenue, Los Gatos, CA, 95032
      View Details
    • $4 SF/Yr
      6,281 SF

      Class A Office Building

      Professional office building near downtown Los Gatos and Vasona Park.
      720 University Avenue, Los Gatos, CA, 95032
      View Details
    • $42 SF/Yr
      533 SF

      Los Gatos Retail/Office Space

      Ground floor suite available now in prime Los Gatos location.
      634 N Santa Cruz Ave, Los Gatos, CA
      View Details
    • $51 SF/Yr
      1,863 SF

      Los Gatos Office Space Available

      Office space featuring offices, conference room, kitchen, and open area.
      475 Alberto Way, Los Gatos, CA
      View Details
    • $47 SF/Yr
      2,179 SF

      Los Gatos Office Space Available

      Professional office park in a premier west valley location.
      16615 Lark Ave, Los Gatos, CA
      View Details
    • $47 SF/Yr
      2,099 SF

      Los Gatos Office Space Available

      Professional office space in a premier West Valley location.
      987 University Avenue, Los Gatos, CA
      View Details
    • $39 SF/Yr
      2,850 SF

      Los Gatos Office Space Available

      Corner office unit with excellent glass line and rear loading.
      761 University Ave, Los Gatos, CA
      View Details
    • $3 SF/Yr
      990 SF

      Los Gatos Medical Space Available

      Medical space available for lease in Los Gatos, California.
      14525 South Bascom Avenue, Los Gatos, CA, 95032
      View Details
    • $3 SF/Yr
      7,009 SF

      Los Gatos Office Space Available

      New office space with open configuration and specialized medtech facilities.
      140-162 Knowles Dr, Los Gatos, CA
      View Details
    • $3 SF/Yr
      730 SF

      Los Gatos Office Space Available

      Office space available for rent in Los Gatos, CA.
      264-268 N Santa Cruz Ave, Los Gatos, CA
      View Details
    • Contact for pricing
      4,145 SF

      Los Gatos Office Space

      Office space available for rent in Los Gatos, CA.
      16615 Lark Ave, Los Gatos, CA 95030
      View Details

    FAQs

    What type of property is this?
    Retail space - Freestanding ±5,268 SF retail building with dedicated parking.
    Where is this retail space located?
    The property is located at 575 N Santa Cruz Los Gatos, CA.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: Freestanding ±5,268 SF building; Dedicated on‑site exclusive parking; Located at intersection of N Santa Cruz Ave and Ashler Ave, Los Gatos, CA
    (408) 282-3800 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    John Machado
    Real Estate License ID: CA 00876747
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    575 N Santa Cruz, Los Gatos, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!