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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Auto shops
1226 Brommer St Santa Cruz, CA 95062-2904
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1930804
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1980
Construction
WOOD
Total area
960 SF
Lot
0.07 ac (3,093 SF)
Zoning code
SU
APN
026-311-36
UPID
US09-1930804
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
-
Ken's Auto Body & Striping Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$456k
Blend (final)
Blend
$605k
Owner & transaction history
Kenneth Heredia · 3 yrs held
Kenneth Heredia
since 2022
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
SU · Santa Cruz, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$600,000
+56.7%
Medical building
$500,000
+29.8%
Retail stores
$480,000
+25.3%
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
$540,000
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$385,000
Current use
COMMERCIAL (GENERAL)
$600,000
Change: +57% · Conversion: Moderate
MEDICAL BUILDING
$500,000
Change: +30% · Conversion: Difficult
RETAIL STORES
$480,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $650k (Nov 23 2022)
Last sale anchor
$650k
Nov 23 2022
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
$630 / 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
$4,522
Tax year 2024
Assessed value
$267,796
Assessed 2024
Previous assessed
$267,796
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$237,764
Assessed improvement
$30,032
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
960 SF
Lot
0.07 ac (3,093 SF)
Zoning code
SU
APN
026-311-36
UPID
US09-1930804
Jurisdiction
SANTA CRUZ
Zoning & alternative use
SU · Santa Cruz, CA
Zoning SU · permitted uses
SU · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$385,000
COMMERCIAL (GENERAL)
Est. value
$600,000
MEDICAL BUILDING
Est. value
$500,000
RETAIL STORES
Est. value
$480,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Kenneth Heredia
Individual
Mailing address
3310 LEAVESLEY RD, GILROY, CA 95020-9000
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Nov 23, 2022
$384,000
Kenneth Heredia
Richard Heredia
Grant Deed
related
$333,823 · Richard Heredia And Marjorie Heredi
Aug 12, 2019
$197,800
Heredia,rudolph & Dolores M Trust
Ordaz Family Trust
Quit Claim Deed
related
—
Apr 21, 2015
—
Ordaz,daniel & Kayneta Trust
Ordaz Daniel & Kayneta
Quit Claim Deed
related
—
Dec 14, 2005
—
Ordaz Family Trust
Ordaz,daniel & Kayneta
Quit Claim Deed
related
—
Aug 15, 2001
—
Heredia Trust
Heredia,richard A
Quit Claim Deed
related
—
Jul 31, 2001
—
Richard A Heredia
Heredia,marjorie E
Quit Claim Deed
related
—
Jul 31, 2001
$650,000
Daniel Ordaz
Rodriguez,robert H
Grant Deed
$368,000 · Heredia Trust
—
—
Robert Rodriguez
—
Deed Of Trust
related
$36,100 · Us Small Business Admn
—
—
Robert Rodriguez
—
Deed Of Trust
related
$30,000 · Individual
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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