Property profile

135 Aviation Way Watsonville, CA 95076

OFF-MARKET
Warehouses
48,000 SF 2.26 ac lot Built 1982
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Property summary

AI-generated overview

This versatile, multi-tenant property at 135 Aviation Way, Watsonville, CA, offers 48,000 square feet of flexible space ideal for a variety of businesses. The two-story, Class B building, constructed in 1982 and extensively renovated in 2024, features a mix of warehouse, storefront, and office space, catering to diverse needs. The property boasts 19 individual suites, providing options for businesses of all sizes. With 18-foot ceilings, ample natural light, and 119 parking spaces, this property offers significant advantages. Nineteen drive-in bays provide convenient access for loading and unloading. The building is equipped with 3-phase power in select units, and all units include heating; some also feature HVAC systems. Located conveniently off Highway 1, adjacent to the Watsonville Airport, this property benefits from excellent visibility and accessibility. The property also offers ample opportunities for monument and storefront signage. High-speed fiber internet is available, and the location is within walking distance of dining, shopping, and public transportation. The property sits on 2.26 acres of land and is zoned Light Industrial (LI), offering flexibility for various business operations. The APN is 015-131-25-000. Currently, one 600 sq ft space is available. This property presents a unique opportunity in the desirable Santa Cruz County submarket of Watsonville.

Property profile

Verified
Property type Warehouses
Year built 1982
Total area 48,000 SF
Lot 2.26 ac (98,446 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • HVAC Service General Contractor
  • Brewery & Distillery Big Box & Wholesale Store
  • Training Center
  • Television Studio Media Distribution
  • Television Studio Media Distribution

Location

135 Aviation Way Watsonville, CA 95076
Watsonville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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