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Property profile & analytics
OFF-MARKET
Estimated value
$9,955,000
Assisted living facilities
100 Lockewood Ln 415, Scotts Valley, CA 95066-3965
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3026356
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1988
Construction
WOOD
Total area
116,982 SF
Lot
6.49 ac (282,704 SF)
APN
021-241-02
UPID
US10-3026356
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.96M
Owner & transaction history
Ren Oak Tree Fit · 20 yrs held
Ren Oak Tree Fit
since 2005
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Scotts Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scotts Valley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$85 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$342,905
Tax year 2024
Assessed value
$31,087,007
Assessed 2024
Previous assessed
$31,087,007
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$4,566,013
Assessed improvement
$26,520,994
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
200
Total area
116,982 SF
Lot
6.49 ac (282,704 SF)
APN
021-241-02
UPID
US10-3026356
Jurisdiction
SANTA CRUZ
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
200
Lot
6.49 ac
Current owner
From public records · entity-resolved
Ren Oak Tree Fit
Individual
Mailing address
6737 W WASHINGTON ST STE #2300, MILWAUKEE, WI 53214-5650
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2023
—
Fit Ren Oak Tree LP
—
Deed
related
—
Sep 5, 2017
—
Fit Ren Oak Tree LP
—
Deed
related
$975,000,000 · Jones Lang Lasalle Multifamily
Aug 3, 2011
—
Fit Ren Oak Tree LP
—
Deed Of Trust
related
$437,777,000 · Oak Grove Commercial Mtg LLC
Sep 2, 2005
—
Ren Oak Tree Fit
Shp Oak Tree Villa LLC
Grant Deed
related
—
Jul 5, 2005
—
Fit Ren Oak Tree Villa LP
Shp Oak Tree Villa LLC
Grant Deed
$23,305,026 · Gmac Commercial Mortgage Bank
Jun 6, 1995
$11,738,000
Birtcher Multi-family Ltd
1st Lockwood Lane
Grant Deed
—
Apr 24, 1995
—
Scotts Valley City
1st Lockwood Lane
Grant Deed
related
—
—
—
Fit Ren Oak Tree LP
—
Deed Of Trust
related
$975,000,000 · Jones Lang Lasalle Multifamily
—
—
Oak Tree Villa C Shp
—
Deed Of Trust
related
$14,250,000 · Berkshire Mortgage Finance Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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