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Property profile & analytics
OFF-MARKET
Commercial real estate

117 Rancho Rd Watsonville, CA 95076

10.03 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property in Watsonville, CA, presents a rare investment opportunity encompassing three contiguous parcels totaling approximately 60.88 acres. The offering includes a diverse range of existing structures and significant land area ideal for various commercial ventures. Parcel APN #046-051-46 comprises 36.23 acres and features a two-bedroom residential home, along with a covered work area. A second parcel, APN #046-051-08, encompasses 14.61 acres and includes a separate residential home. The third and largest parcel, APN #046-051-09, covers 10.04 acres and boasts substantial commercial infrastructure. This includes a "Fungi House" with nine bays, each measuring 2,100 square feet, providing a total of 18,900 square feet of space. Additionally, there's a significant 36,000-square-foot processing area, a maintenance area, a 3,500-square-foot refrigerator building, and a 3,000-square-foot office building. A residential home is also located on this parcel. The property's coastal location and extensive acreage offer considerable potential for a variety of commercial uses. The combined land area and existing structures represent a unique opportunity for expansion, redevelopment, or continued operation within an established commercial context. The asking price for this expansive property is $4,400,000.

Property profile
Verified
Property type Commercial real estate
Lot 10.03 ac (436,907 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Santa Cruz Nursery Garden Center Landscaping
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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