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Property profile & analytics
OFF-MARKET
Drive through restaurants

1335 Pacific Ave Santa Cruz, CA 95060-3909

1,470 SF 0.06 ac lot Built 1979
Individually Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US09-1731159
Property summary
AI-generated overview

This exceptional 1,470 square foot retail space at 1335 Pacific Avenue in Santa Cruz, California, presents a remarkable opportunity for businesses seeking high visibility and foot traffic. Located in the heart of Downtown Santa Cruz's vibrant commercial district, this single-tenant property boasts a Class B designation and underwent a complete renovation in 2023. The building, constructed in 1980, is a two-story structure with no elevators. The zoning is designated as COM. The property features a significant enclosed outdoor area (not included in the 1,470 square foot measurement) offering versatile potential for additional seating or creative business uses. Previously occupied by Starbucks and Rock N Roll Donuts, this space benefits from its position on bustling Pacific Avenue, ensuring high visibility and attracting substantial pedestrian traffic. With significant residential development projects underway in the immediate area, this property offers exceptional growth potential. The property's APN is 005-076-10, and it's situated in Santa Cruz County, CA, zip code 95060. This is a rare chance to establish a thriving business in the dynamic environment of Downtown Santa Cruz.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1979
Construction TILT-UP CONCRETE
Total area 1,470 SF
Lot 0.06 ac (2,396 SF)
APN 005-076-10
UPID US09-1731159
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
  • Rock N Roll Donut Bar Bakery Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ursula M Scholz-gross · 9 yrs held
Ursula M Scholz-gross
since 2016
3 recorded transactions
2016
Price N/A
1995
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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