Prime Development Opportunity in Santa
806 Ocean St Santa Cruz, CA 95060
For Sale
$2,950,000
Premier development site in Santa Cruz's evolving Ocean St. corridor.
Lot Size0.50 Acres
Days on Market97
Property Features for 806 Ocean St
General Information
Standard status
Active
Lot size
0.50 Acres
Property subtype
Commercial
Building Details
Year Built
1981
Listing Agency:
Keller Williams Santa Cruz/ Santa Cruz Real Estate Group,Inc.
(831) 440-8367
Listed By:
The Portola Group · License #70010159
(831) 440-8367
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 1:43PM
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 Keller Williams Santa Cruz/ Santa Cruz Real Estate Group,Inc.
Investment Insights
Based on property information with market context.
Located in the rapidly evolving Ocean St. corridor, this property presents a development opportunity in Santa Cruz. The site spans just under a half acre and features MU-VH zoning. Developers can leverage State Density Bonus Laws to exceed traditional caps. The zoning allows for a strategic blend of high-density residential and visitor-serving commercial uses. A current lease is in place to offset holding costs during the entitlement phase. The location offers direct access to Highway 17 and Highway 1 and is within walking distance of the San Lorenzo Riverwalk, Downtown, and the Beach Boardwalk. The bike score is 85, indicating it is very bikeable. The walk score is 90, designating it as a walker's paradise. The transit score is 47, indicating some transit options are available.
Key Highlights
- Premier development opportunity in Santa Cruz's rapidly evolving Ocean St. corridor with MU‑VH zoning.
- Potential to exceed traditional density caps using State Density Bonus Laws for a high‑yield project.
- Current lease in place to offset holding costs during the entitlement phase.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Premier development site in Santa Cruz's evolving Ocean St. corridor.
Where is this commercial land located?
The property is located at 806 Ocean St Santa Cruz, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Premier development opportunity in Santa Cruz's rapidly evolving Ocean St. corridor with MU‑VH zoning.; Potential to exceed traditional density caps using State Density Bonus Laws for a high‑yield project.; Current lease in place to offset holding costs during the entitlement phase.
