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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Office buildings
125 Msn St, Santa Cruz, CA 95060-3763
Individually Owned
2-yr Hold
Free & Clear
Property ID
US09-2851669
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Construction
TILT-UP CONCRETE
Total area
4,480 SF
Lot
0.22 ac (9,757 SF)
APN
006-371-15
UPID
US09-2851669
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
-
Kula Consulting Inc Employment Agency
-
Santa Cruz Health & Life Insurance Insurance Agency
-
William Bagnall Architects Inc Architect
-
Char Johanson at Franklin Loan Center Loan Service Bank
-
The Santa Cruz Spa Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$855k
Owner & transaction history
R Doak Gintert · 2 yrs held
R Doak Gintert
since 2024
Last sale
$46,500
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$191 / 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
$8,864
Tax year 2024
Assessed value
$758,584
Assessed 2024
Previous assessed
$758,584
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$243,399
Assessed improvement
$515,185
Applied tax rate
1.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1965
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
4,480 SF
Lot
0.22 ac (9,757 SF)
APN
006-371-15
UPID
US09-2851669
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
1965
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
R Doak Gintert
Individual
Free & Clear · 2 yrs held
Mailing address
PO BOX 719, SANTA CRUZ, CA 95061-0719
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2024
$46,500
R Doak Gintert
Jeffrey J Kasavan
Grant Deed
—
Jun 13, 2024
$728,500
Doak Gintert
Leah Marie Kasavan
Grant Deed
—
Jun 13, 2024
—
R Doak Gintert
R Doak Gintert
Intrafamily Transfer
related
—
Mar 12, 2020
—
Kasavan Trust
Leah M Kasavan
Quit Claim Deed
related
—
Dec 30, 2014
—
Roger D Gintert
Gintert Family Trust
Quit Claim Deed
related
—
Mar 26, 2012
—
Leah M Kasavan
Gintert,roger D
Grant Deed
—
Jan 12, 2007
—
Gintert R Doak
Gintert,norma
Quit Claim Deed
related
—
Jul 30, 1993
$400,000
Gintert Trust
Warne,robert R &
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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