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Property profile & analytics
FOR SALE
Industrial properties
1715 Freedom Blvd Freedom, CA 95019
Trust Owned
Free & Clear
Property ID
US09-0655998
For Sale
1 / 5
$835,000
1715 Freedom Blvd, Freedom, CA 95019
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1946
Construction
WOOD
Total area
1,604 SF
Lot
0.48 ac (20,691 SF)
APN
016-012-11
UPID
US09-0655998
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
-
ROOM Real Estate Real Estate Agency
-
Freedom Service Center Auto Repair Shop
-
Santa Cruz Restoration, LLC General Contractor
-
FREEDOM AUTO REPAIR Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$880k
Comparable Approach
Comparable
$667k
Blend (final)
Blend
$835k
Owner & transaction history
Norman L Bei 2010 Inter Vivos Trust
Norman L Bei 2010 Inter Vivos Trust
since 2026
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 Freedom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Freedom 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$955,000
6.5%
$880,000
7%
$820,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,005,000
Current use
RETAIL STORES
$860,000
Change: -14% · Conversion: Easy
MEDICAL BUILDING
$835,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$835k
Range $752k – $919k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$521 / 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
$12,474
Tax year 2024
Assessed value
$1,050,050
Assessed 2024
Previous assessed
$1,050,050
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$534,440
Assessed improvement
$515,610
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
For Sale
Year built
1946
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
1,604 SF
Lot
0.48 ac (20,691 SF)
APN
016-012-11
UPID
US09-0655998
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.0M
RETAIL STORES
Est. value
$860,000
MEDICAL BUILDING
Est. value
$835,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1946
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Norman L Bei 2010 Inter Vivos Trust
Trust
Free & Clear · 0 yrs held
Mailing address
PO BOX 1131, SOQUEL, CA 95073-1131
Ownership since
2026
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
Apr 28, 2026
—
Norman L Bei 2010 Inter Vivos Trust
Louis Bei
Deed
—
Apr 28, 2026
$1,425,000
Ortiz Enrique
Bel Debra
Grant Deed
$926,250 · Velocity Commercial Capital LLC
Oct 21, 2025
—
Antonio J Chavez
Debra L Bei
Quitclaim Deed
related
—
Jun 3, 2021
—
Norman L Bei
Norman L Bei
Intrafamily Transfer
related
—
Oct 22, 2001
$60,500
Norman L
Wall,donald & Jean
Grant Deed
—
Oct 22, 2001
$121,000
Norman L
Reader,dennis & Karen
Grant Deed
—
Oct 22, 2001
$544,000
Norman L
Locke-paddon,kenneth & Theresa
Grant Deed
—
Oct 22, 2001
—
Norman L
Knight,lawrence
Grant Deed
$500,000 · Kenneth & Theresa
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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