Commercial Property in Santa
SANTA CRUZ, Santa Cruz 95065
- Added:
- Apr 27, 2026
- Days on Market:
- 25
- Last Refresh:
- May 21 at 5:06 pm
Property Features for SANTA CRUZ
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-1
- Parking
- 35
- Parking features
- Off Street, Guest
- Standard status
- Active
- Size
- 7,500 SF
- Lot size
- 0.60 Acres
Utilities
- Heating system
- Natural Gas, Forced Air, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1966
- Flooring type
- Linoleum, Hardwood, Tile, Carpet
- Roof type
- Foam
Listing agent Gina Carling License #01480003 (831) 818-0771
Listing office David Lyng Real Estate 5522 Scotts Valley Drive, CA (831) 438-5700
Listing date Apr 27, 2026
MLS# ML82044696
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
- High‑visibility location on Soquel Drive with 20,000+ vehicles per day.
- Rare opportunity: First time on the market in over 40 years.
- Multi‑tenant commercial building with 7,500 sq ft of gross leasable area on a 0.6 acre lot.
- Strong, consistent income history with three long‑term, stable tenants.
- Well‑designed 35‑space parking lot with convenient access from two streets.
- C1 zoning offering attractive upside potential for development or repositioning.
Overview
Located along a well-traveled corridor in Santa Cruz County, this commercial property at 2525 Soquel Dr offers high visibility and exposure in a commercial area. The property features a multi-tenant commercial building with 7500 square feet of gross leasable area, situated on a 0.601-acre lot. A 35-space parking lot provides accessibility for tenants and customers with ingress and egress from both Soquel Drive and Winkle Avenue. The property is currently leased to three long-term tenants and has a consistent income history. The location benefits from exposure along Soquel Drive, with an estimated 20,000+ vehicles per day. Zoned C1, the property offers potential for investors or owner-users to capitalize on its positioning and future development opportunities. The property is located in Santa Cruz, 95065.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$3.34M
NOI $300,195 @ 9.00% cap · cautious / downside scenario
Moderate
$4.29M
NOI $300,195 @ 7.00% cap · market / base-case scenario
Aggressive
$6.00M
NOI $300,195 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $450.0k | $60.00 |
| − Vacancy | −$21.2k | −$2.82 |
| EGI | $428.9k | $57.18 |
| − OpEx | −$128.7k | −$17.15 |
| NOI | $300.2k | $40.03 |
7,500 SF · lease $60.00/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$4.29M
$3.75M – $5.00M
NOI $300,195 @ 7.0% cap · market cap 8.34%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Places Nearby
- Cooperhouse Shopping Center — 110 Cooper St, Santa Cruz, CA 95060
- 320 Cedar Square — 320 Cedar St, Santa Cruz, CA 95060
- Riverwalk Plaza — 600 Front St, Santa Cruz, CA 95060
- Downtown Santa Cruz — 1130-K2, Pacific Ave, Santa Cruz, CA 95060
- Santa Cruz Antique Fair — 108 lincoln st, santa cruz, ca 95060
Map
- City
- Santa Cruz
- County
- Santa Cruz
- State
- Longitude
- -122.026987
- Latitude
- 36.958877
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Multi-tenant commercial building with high visibility and strong income history.
Where is this shopping center located?
The property is located at SANTA CRUZ Santa Cruz.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: High‑visibility location on Soquel Drive with 20,000+ vehicles per day.; Rare opportunity: First time on the market in over 40 years.; Multi‑tenant commercial building with 7,500 sq ft of gross leasable area on a 0.6 acre lot.
