Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Investment properties
1234 Brommer St Santa Cruz, CA 95062-2904
Entity Owned
3-yr Hold
Free & Clear
Property ID
US09-1628210
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1987
Construction
WOOD
Total area
1,041 SF
Lot
0.07 ac (3,049 SF)
Zoning code
PA
APN
026-311-16
UPID
US09-1628210
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
-
BlessedBe Wellness Gym & Fitness Center Alternative Medicine Practice
-
Pleasure Power Coaching Alternative Medicine Practice
-
Rheum Without Walls Physician
-
Farah Fatima Salahuddin Physician
-
Santa Cruz Intimacy & Sex Therapy Centers: Attachment & Somatic Based Relationship Counseling Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
$570k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
1234 Brommer LLC · 3 yrs held
1234 Brommer LLC
since 2023
7 recorded transactions
Zoning & alternative use
PA · 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
by Request
ML approach
$405,000
CAP Approach
CAP Return
Estimation
6%
$620,000
6.5%
$570,000
7%
$530,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$650,000
Current use
MEDICAL BUILDING
$540,000
Change: -17% · Conversion: Easy
RETAIL STORES
$520,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$555k
Range $500k – $611k · ±10%
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
$533 / 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
$9,919
Tax year 2024
Assessed value
$780,300
Assessed 2024
Previous assessed
$780,300
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$468,180
Assessed improvement
$312,120
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
CENTRAL
Bathrooms
1
Total area
1,041 SF
Lot
0.07 ac (3,049 SF)
Zoning code
PA
APN
026-311-16
UPID
US09-1628210
Jurisdiction
SANTA CRUZ
Zoning & alternative use
PA · Santa Cruz, CA
Zoning PA · permitted uses
PA · 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
COMMERCIAL (GENERAL) Current
Est. value
$650,000
MEDICAL BUILDING
Est. value
$540,000
RETAIL STORES
Est. value
$520,000
COMMERCIAL (GENERAL) Current
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
1987
Construction
WOOD
Heating
CENTRAL
Bathrooms
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
1234 Brommer LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1234 BROMMER ST, SANTA CRUZ, CA 95062-2904
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2023
—
1234 Brommer LLC
Amanda Edwards
Grant Deed
—
Dec 15, 2021
$750,000
Amanda Edwards
Alisa S Thomas
Grant Deed
—
Dec 20, 2005
—
Thomas Alisa S Trust
Thomas,alisa
Quit Claim Deed
related
—
Jun 27, 2003
$315,000
Alisa Thomas
Legg,jeffrey H
Grant Deed
—
Apr 30, 1990
$330,000
Jeffrey H Legg
Duffyjolley,herb
Grant Deed
—
Jun 7, 1989
—
Herbert F Jolley
Lynde,ralph
Quit Claim Deed
related
—
May 5, 1989
—
Ralph Lynde
Gibson,dorothea
Grant Deed
related
—
Jan 18, 1989
$210,000
Herbert F Duffy
Pfenning,terranc
Grant Deed
$220,000 · Klevins Richard
—
—
Thomas Alisa S Trust
—
Deed Of Trust
related
$371,000 · Santa Cruz Community Cu
—
—
Herbert F Jolley
—
Deed Of Trust
related
$8,000 · Banknet Mtg
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1234 Brommer St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
