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    Property profile & analytics

    14 Lake Ave Watsonville, CA 95076

    • Retail space
    • 0.10 lot acres
    For Sale
    View listing
    $775,000
    Value Estimation
    Last Sale
    Aug 24, 2022
    $410,000
    Location Intelligence
    Property ID
    US09-2851235
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Watsonville ADU / Home Improvement Store

    Property Details for 14 Lake Ave

    Year built
    1900
    Construction
    WOOD
    Lot size
    0.10 lot acres
    Property type
    Retail space
    APN
    017-022-47
    APU
    1702247

    Description

    This exceptional 4,200-square-foot creative office space is ideally situated at 14 E Lake Ave in Watsonville, California, zip code 95076. The property is zoned CCA and offers single-tenant occupancy, perfect for a business seeking a unique and established location. The building boasts recent significant improvements, with the owner investing between $120,000 and $140,000 in tenant improvements, repairs, and capital upgrades. These enhancements are included in the sale, along with existing business assets such as furnishings, trade fixtures, and equipment. This presents a turnkey opportunity for a new business to move in immediately. The property is available for immediate occupancy, or the seller will lease it back at a fair market rate of $1.00 per square foot gross monthly, offering a two-year lease term with a four-year renewal option. This flexible arrangement provides a unique opportunity for both buyers seeking immediate occupancy and those interested in a lease-back scenario. The property's prime location in the heart of Watsonville offers excellent visibility and accessibility. This is a rare opportunity to acquire a well-maintained, upgraded commercial space in a desirable location. The property is classified as Retail and Office, specifically a Creative Office subtype.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $385,000

    • CAP approach

      CAP return
      Estimation
      6%
      $425,000
      6.5%
      $495,000
      7%
      $425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $525,000
      Geo Method
      $460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $520,000
      Mixed-Use
      $470,000
      Hospitality
      $525,000
      Educational
      $490,000
      Residential Income
      $515,000
      Energy
      $520,000
      Income-Based Land
      $520,000
      Food Service
      $440,000

    Location Insight

    • Map
    • Local Demand
    City
    Watsonville
    County
    Santa Cruz
    State
    California
    Longitude
    -121.758
    Latitude
    36.9118
    CBSA code
    42100
    CBSA name
    SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,622
    $278,880
    $169,515
    $448,395
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

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      View Details
    • Value Estimation by Request
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      20 Ohlone Pkwy Ste, Unit 202

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    • Value Estimation by Request
      19,170 SF

      580 Auto Ctr Dr

      RETAIL STORES (PERSONAL SERVICES) • 19,170 SF
      580 Auto Ctr Dr, Watsonville, CA 95076-3728
      View Details
    • Value Estimation
      $2,475,000
      6,205 SF

      23 Lk Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,205 SF
      23 Lk Ave, Watsonville, CA 95076-4615
      View Details
    • Value Estimation by Request
      2,859 SF

      12 Maher Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,859 SF
      12 Maher Rd, Royal Oaks, CA 95076-9056
      View Details
    • Value Estimation
      $6,255,000
      32,088 SF

      1966 Main St

      RETAIL STORES (PERSONAL SERVICES) • 32,088 SF
      1966 Main St, Watsonville, CA 95076-3066
      View Details

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    Similar Nearby for Lease

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    14 Lake Ave
    Watsonville, CA 95076
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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