Financial
Distress signals
Property profile

408 Trout Gulch Rd Aptos, CA 95003

FOR SALE
Retail space
Property ID
US09-1207587
740 SF 0.11 ac lot Built 1880
Last sale Apr 2022 · $752,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This historic, standalone showroom is configured as a bright retail environment with a newer metal roof and a white exterior. The interior includes high exposed ceilings originally described as natural old growth redwood and European-style light fixtures, along with a custom walnut-and-glass front door. The layout provides a separate office, a coffee bar, storage room, a private bathroom, and attic storage. The property is located across from the Aptos Retail Center and is sited on a large lot

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$782k
Assessed land$628k
Assessed improvement$154k
Effective rate1.20%

Value estimate

· Sep 2026
$705k
$635k – $776k
AI approach$685k
CAP approach$455k
Submarket $/SF estimate$668k
NOI build-up
Gross scheduled income$44k
Vacancy & credit loss−$2k
Operating expenses−$13k
NOI · 2.47% cap applied$30k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$536/SF
County average, outlier-cleaned · 80 recorded sales of this use type
Observed band · Q1–Q3$156 – $902

Cap rate analysis

How does the asset earn?
2.47%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
SU-L
The intent of this zone is to promote protection of historic landmarks while allowing compatible uses that conserve cultural resources
General categorySPECIAL
JurisdictionSANTA CRUZ

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply26.3
Wholesale Shop23.3
Auto Repair Shop22.9

Location

408 Trout Gulch Rd Aptos, CA 95003
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7851 Soquel, Aptos, CA 95003-3914 $230,000 Oct 2024 2,379 SF
6193 Soquel, Aptos, CA 95003-3116 $230,000 Mar 2024 2,580 SF
7994 Soquel, Aptos, CA 95003-3903 $2,000,000 Dec 2023 899 SF
10092 Soquel, Aptos, CA 95003-4942 $850,000 Nov 2023 1,764 SF
154 Aptos Vlg, Aptos, CA 95003-4096 $1,377,000 Apr 2019 2,497 SF
9015 Soquel, Aptos, CA 95003-4050 $722,500 Apr 2019 1,029 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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