270 Riverside DrWatsonville, CA 95076

  • Industrial properties
  • 3.91 AC
For Lease
$1.25/SF/YR View listing

Property Details for 270 Riverside Dr

Lot size
3.91 AC
Property type
Industrial properties
Property subtype
Other warehouses
APN
017-621-10
APU
1762110

Description

This exceptional 57,775-square-foot distribution center in Santa Cruz County is available for lease. The single-tenant building boasts 20'-22' ceiling heights, three dock-high doors, and ten drive-in doors, ensuring efficient loading and unloading. Ample parking is provided with 95 stalls. The property features approximately 48,018 square feet of warehouse space, 9,757 square feet of office space, and 11,000 square feet of cooler space. The building is situated on a 3.92-acre lot and benefits from 600-amp, 480V power. Its General Industrial (IG) zoning allows for a variety of uses. The building's construction is concrete tilt-up, with a built-up roof system and standard wet pipe sprinklers. The 6-inch floor slab supports heavy equipment, and the 135'+ truck court provides ample maneuvering space. Column spacing is 50' x 42'. Conveniently located with easy access to Highway 1, this property presents a prime opportunity in an outstanding tri-county distribution hub on Monterey Bay. The building is divisible to approximately 10,000 square feet.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $58,379,864
    Hospitality
    $53,475,644
    Educational
    $44,491,108
    Medical
    $46,021,224
    Retail
    $69,208,392
270 Riverside Dr, Watsonville, California
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Location Insight

City
Watsonville
County
Santa Cruz
State
California
Latitude
36.9039
Longitude
-121.761
CBSA code
42100
CBSA name
SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$80,985
$1,974,024
$4,393,701
$6,367,725
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