117 Rancho Rd Watsonville, CA 95076
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.