Property profile

1 Davenport Ave Davenport, CA 95017

OFF-MARKET
Hospitality properties
0.87 ac lot Built 1977
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 9-key hotel and restaurant, situated on a 0.87-acre lot in Davenport, CA (95017), presents a compelling investment opportunity. Built in 1977 and boasting a two-story structure, this property is zoned for commercial use and offers multiple revenue streams. Located along the scenic California coastline, approximately nine miles north of Santa Cruz, it benefits from a high barrier-to-entry market. The property's independent operation allows for flexibility and control, unlike branded hotels. This recently renovated asset offers a significant discount to replacement cost, making it an attractive acquisition for discerning investors. The property's APN is 058-082-26-000. The asking price is $3,800,000. This is a unique chance to own a thriving coastal hospitality business with significant upside potential. The property is unencumbered by brand affiliations or management contracts. This allows for maximum operational flexibility and control. The property's location in a high barrier-to-entry market ensures long-term value and stability.

Property profile

Verified
Property type Hospitality properties
Year built 1977
Lot 0.87 ac (37,897 SF)

Cap rate & NOI

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

Location

1 Davenport Ave Davenport, CA 95017
Davenport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1 Davenport Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message