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Property profile & analytics
OFF-MARKET
Specialty properties
1600 Soquel Dr Santa Cruz, CA 95065-1713
Trust Owned
15-yr Hold
Free & Clear
Property ID
US09-1165111
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1978
Total area
3,414 SF
Lot
0.66 ac (28,575 SF)
Zoning code
C-2
APN
025-084-23
UPID
US09-1165111
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
-
Mar-Ken International K9 Training | Dog training Animal Training
-
Adobe Equine Veterinary Services, Inc. Veterinary Clinic
-
Adobe Animal Hospital of Soquel Veterinary Clinic
-
Topper Christina D DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kessinger C L & J L Family Trust · 15 yrs held
Kessinger C L & J L Family Trust
since 2011
6 recorded transactions
Zoning & alternative use
C-2 · Santa Cruz, CA
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
—
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
$7,553
Tax year 2024
Assessed value
$453,054
Assessed 2024
Previous assessed
$453,054
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$165,342
Assessed improvement
$287,712
Applied tax rate
96.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Total area
3,414 SF
Lot
0.66 ac (28,575 SF)
Zoning code
C-2
APN
025-084-23
UPID
US09-1165111
Jurisdiction
SANTA CRUZ
Zoning & alternative use
C-2 · Santa Cruz, CA
Zoning C-2 · permitted uses
C-2 · Santa Cruz, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Cruz. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Stories
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Kessinger C L & J L Family Trust
Trust
Free & Clear · 15 yrs held
Mailing address
PO BOX 106, SOQUEL, CA 95073-0106
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2011
—
Kessinger C L & J L Family Trust
Kessinger,charles L & Jacque L
Quit Claim Deed
related
—
Jun 25, 1996
$600,000
Charles L Kessinger
Redtree Properties LP
Grant Deed
—
Feb 16, 1996
$1,880,000
Redtree Properties LP
Santa Cruz Assn Of Realtors In
Grant Deed
—
Oct 16, 1990
$1,290,000
Santa Cruz Board Of Realtors
Unknown
Grant Deed
—
May 31, 1990
$413,000
Santa Cruz Board Of Realtors
Unknown
Grant Deed
—
—
—
Board Santa Cruz
—
Deed Of Trust
related
$900,000 · Wells Fargo Bank
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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