4444 Scotts Valley Dr Scotts Valley, CA 95066
- Office Properties & Spaces
- 15,793 SF
- 1.14 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 4444 Scotts Valley Dr
- Year built
- 1979
- Lot size
- 1.14 lot acres
- Property size
- 15,793 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional Scotts Valley, CA office complex presents a compelling investment opportunity. Located at 4408-4444 Scotts Valley Drive, this 15,793 square foot, Class B building sits on a 1.14-acre lot at a signalized intersection, offering high visibility and accessibility. Built in 1979 and renovated in 2012, the property features 14 units with 90% occupancy across multiple tenants. The stabilized investment boasts a modified lease type and allows for rent bumps, ensuring a consistent income stream. The two-story building provides 47 parking spaces and benefits from permitted CS zoning. This multi-tenant property offers a diverse range of office spaces suitable for creative, medical, or traditional office uses. The property's prime location on the town's main artery, combined with pylon signage, provides excellent marketing opportunities for tenants. The low tenant turnover history further underscores the property's stability and attractiveness to investors. This is a rare opportunity to acquire a well-maintained, high-visibility office complex in a thriving California community. The property's features, including its location, size, and tenant occupancy, make it an ideal investment for those seeking a stable and profitable venture. The APN numbers are 022-491-04 and 022-491-06. The asking price is $3,500,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Scotts Valley
- County
- Santa Cruz
- State
- California
- Longitude
- -122.018
- Latitude
- 37.0466
