Property profile

125 Mcpherson St Ste B Santa Cruz, CA 95060

OFF-MARKET
Life science properties
Property ID
US09-2333695
10,200 SF 0.59 ac lot Built 1995
Individually Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A, 10,200 square foot facility, located at 125 McPherson Street in Santa Cruz, CA 95060, presents a unique opportunity. The property, built in 1995, sits on a 25,700 square foot lot and is zoned for R&D. Currently, there are two suites, with one suite comprising 3,351 square feet immediately available for lease. The building offers a flexible layout suitable for a variety of uses, including creative office, flex space, warehouse, R&D, manufacturing, or distribution. Features include ample parking, a fenced yard, and an appealing, nicely landscaped exterior. The open floor plan provides excellent adaptability for diverse business needs. The single-story building is easily accessible and offers a convenient location on the Santa Cruz Westside. The property's APN is 003-043-09. This is a rare opportunity to secure a prime location in a desirable area. The available space is a minimum of 3,351 square feet, with a total building size of 10,200 square feet. There are no elevators. This property is ideal for businesses seeking a modern, functional space with excellent amenities. Contact us today to schedule a viewing.

Property profile

Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 1995
Construction TILT-UP CONCRETE
Total area 10,200 SF
Lot 0.59 ac (25,700 SF)
APN 003-043-09
UPID US09-2333695

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Services
  • Home Appliance Store IT Consulting Firm

Location

125 Mcpherson St Ste B Santa Cruz, CA 95060-5883
Santa Cruz metro Census 101200 SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$815k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$850k

Owner & transaction history

since 2022
Last sale
$950,000
7 recorded transactions
2022
Price N/A
2019
Price N/A
2006
$950,000
1994
$129,590
1989
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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