Property profile

4444 Scotts Valley Dr Scotts Valley, CA 95066

OFF-MARKET
Office Spaces
15,793 SF 1.14 ac lot Built 1979
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 1979
Total area 15,793 SF
Lot 1.14 ac (49,658 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4444 Scotts Valley Dr Scotts Valley, CA 95066
Scotts Valley metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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