Property profile

1515 Commercial Way Santa Cruz, CA 95065

OFF-MARKET
Retail residential properties
Property ID
US09-0171011
12,074 SF 0.64 ac lot Built 1947
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1947
Construction WOOD
Total area 12,074 SF
Lot 0.64 ac (27,791 SF)
Zoning code C-2
APN 025-071-05
UPID US09-0171011

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
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

1515 Commercial Way Santa Cruz, CA 95065-1701
Santa Cruz metro Census 121300 SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.50M
Blend (final) Blend
$3.29M

Owner & transaction history

since 2017
7 recorded transactions
2022
Price N/A
2019
Price N/A
2017
$2.1M
2003
$1.3M
1995
Price N/A
1995
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Santa Cruz, CA

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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