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Property profile & analytics
OFF-MARKET
Estimated value
$9,215,000
Industrial properties
1135 17th Ave 5, Santa Cruz, CA 95062-3090
Entity Owned
~
Est. High Equity
Property ID
US09-2035208
Property summary
AI-generated overview
This exceptional 15,404 square foot retail property, located at 1135 17th Ave in Live Oak, California, presents a unique investment opportunity. Built in 2020, the building boasts a single-tenant occupancy with 1,718 square feet currently available for lease. Situated on a 0.95-acre lot in Santa Cruz County, this property offers excellent visibility and accessibility. The building's modern design and ample space make it ideal for a variety of retail businesses. The property's location in the thriving Live Oak community provides access to a strong customer base and significant foot traffic. The zip code is 95062. This is a single-tenant commercial property, perfect for a business seeking a well-maintained, modern space in a desirable location. The property's size and layout offer flexibility for various retail concepts. With its convenient location and modern amenities, this retail space is poised for success. The property's recent construction ensures modern building systems and energy efficiency. Serious inquiries are encouraged to explore this exceptional opportunity. The total building size is 15,404 square feet.
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Lot
0.95 ac (41,295 SF)
Zoning code
C-1
APN
026-311-33
UPID
US09-2035208
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
Current use
Occupant on record · Public records
-
Live Oak Crossing Apartment Building
-
Prism Beauty Hair Salon Nail Salon
-
Charlie's Porch Tutoring Center Tutoring Service
-
Crystal Lopez Esthetics Hair Salon Nail Salon
-
Platinum & Hue Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.22M
Owner & transaction history
Cottonwood Investment Properties Ll
Cottonwood Investment Properties Ll
since 2026
Last sale
$8.1M
6 recorded transactions
Zoning & alternative use
C-1 · Santa Cruz, CA
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 Santa Cruz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Cruz 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
Method
Estimation
Statistic approach
$10,380,000
ML approach
$10,310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.22M
Range $8.29M – $10.14M · ±10% · vs last sale $8.09M (Oct 31 2023)
Last sale anchor
$8.09M
Oct 31 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
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
$70,634
Tax year 2024
Assessed value
$4,898,564
Assessed 2024
Previous assessed
$4,898,564
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$980,737
Assessed improvement
$3,917,827
Applied tax rate
82.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Heating
NONE
Lot
0.95 ac (41,295 SF)
Zoning code
C-1
APN
026-311-33
UPID
US09-2035208
Jurisdiction
SANTA CRUZ
Zoning & alternative use
C-1 · Santa Cruz, CA
Zoning C-1 · permitted uses
C-1 · Santa Cruz, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Cruz. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.95 ac
Current owner
From public records · entity-resolved
Cottonwood Investment Properties Ll
Entity
Mailing address
PO BOX 99, KEYES, CA 95328-0099
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
—
Cottonwood Investment Properties Ll
Alamo Farms
Quitclaim Deed
related
—
Oct 31, 2023
$8,085,000
Alamo Farms
Green Valley Corporation
Grant Deed
—
Jul 17, 2020
—
Green Vailey Corporation
—
Deed
related
$4,295,000 · Santa Cruz County Bank
Oct 17, 2018
—
Green Vly Corp
—
Trustees Deed
related
$4,400,000 · Santa Cruz Cnty Bk
May 17, 2001
$555,000
Green Valley Corp
Morton,howard D & Patricia A
Grant Deed
—
Oct 30, 1998
$510,000
Howard D Norton
Ledyard Properties
Grant Deed
—
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.
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