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    30 Paulsen Rd Watsonville, CA 95076

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    For Sale
    Contact for pricing

    Prime 1.88-acre building site in Watsonville, CA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.88-acre parcel, located at 30 Paulsen Rd, Watsonville, CA 95076, presents a unique development opportunity. The property, identified by APN 051-521-13, is zoned R1-10, allowing for residential construction within Santa Cruz County. The General Plan designates the land as R-UL (Residential Urban Low Density). This zoning permits a range of development options, including a multi-family residential complex. Preliminary analysis suggests the potential for a two-story apartment building. Under the R-UL General Plan designation and considering applicable bonus laws (including AB1287), the site could accommodate a significant number of units. Conservative estimates indicate a potential for 19 base units, rising to 39 units with existing density and ADU bonuses, and potentially up to 50 units with the application of AB1287. This property offers substantial potential for investors seeking to capitalize on the growing demand for housing in the Watsonville area. The site's size and zoning make it an attractive proposition for developers looking to create a substantial residential development. Detailed site plans and feasibility studies are recommended to fully explore the development potential of this exceptional property. The property is held under sole ownership.

    Property Features for 30 Paulsen Rd

    General Information

    Property type
    Land
    Lot Size
    81,893 SF

    HighLights

    • 1.88‑acre development site at 30 Paulsen Rd, Watsonville, CA 95076 (APN 051‑521‑13).
    • R1‑10 zoning in Santa Cruz County, designated R‑UL (Residential Urban Low Density) in the General Plan, allowing multi‑family residential development.
    • Potential for 19‑50 residential units, depending on density bonuses and AB1287 application.
    • Sole ownership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ortegas Nursery Plant Nursery

    Suggested Use

    Restaurant Spa & Massage Gym & Fitness Accounting Firm Daycare Center Skin Care Clinic Auto Repair Shop Wholesale Shop Department Store HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Watsonville
    County
    Santa Cruz
    State
    California
    Longitude
    -121.76334651506
    Latitude
    36.954887126225

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    FAQs

    What type of property is this?
    Land - Prime 1.88-acre building site in Watsonville, CA.
    Where is this land located?
    The property is located at 30 Paulsen Rd Watsonville, CA.
    What are key features of this property?
    This property features: 1.88-acre development site at 30 Paulsen Rd, Watsonville, CA 95076 (APN 051-521-13).; R1-10 zoning in Santa Cruz County, designated R-UL (Residential Urban Low Density) in the General Plan, allowing multi-family residential development.; Potential for 19-50 residential units, depending on density bonuses and AB1287 application.
    Request Owner's contact information
    30 Paulsen Rd Watsonville, CA 95076
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    Watsonville, CA 95076
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    Realmo Value Estimation

    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.

    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.

    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
    30 Paulsen Rd Watsonville, CA 95076
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