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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Auto shops
2110 41st Ave Capitola, CA 95010-2009
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1399287
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1989
Construction
WOOD
Total area
2,410 SF
Lot
0.58 ac (25,091 SF)
APN
034-221-16
UPID
US09-1399287
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
-
Master Car Wash Car Wash
-
Splash Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$693k
Blend (final)
Blend
$630k
Owner & transaction history
Kar Master LLC · 9 yrs held
Kar Master LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+6.0%
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 Capitola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Capitola 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
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$965,000
Current use
OFFICE BUILDING
$1,020,000
Change: +6% · Conversion: Difficult
WAREHOUSE, STORAGE
$840,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$261 / 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
$72,493
Tax year 2024
Assessed value
$3,527,271
Assessed 2024
Previous assessed
$3,527,271
+0.0% YoY
Effective rate
2.06%
On assessed value
Assessed land
$2,048,093
Assessed improvement
$1,479,178
Applied tax rate
3.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
CENTRAL
Stories
1
Bathrooms
2
Total area
2,410 SF
Lot
0.58 ac (25,091 SF)
APN
034-221-16
UPID
US09-1399287
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
AUTO REPAIR, GARAGE Current
Est. value
$965,000
OFFICE BUILDING
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$840,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1989
Construction
WOOD
Heating
CENTRAL
Stories
1
Bathrooms
2
Lot
0.58 ac
Current owner
From public records · entity-resolved
Kar Master LLC
Entity
Mailing address
2322 ANTONELLI CT, SANTA CRUZ, CA 95062-1972
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2022
—
Kar Master LLC
—
Deed
related
$3,500,000 · Santa Cruz County Bank
Apr 28, 2017
$3,100,000
Kar Master LLC
Steven Mutnick
Grant Deed
$4,025,000 · Pinnacle Bank
Apr 28, 2017
—
Steven Mutnick
Barracuda Investments INC
Quit Claim Deed
—
Oct 11, 2013
—
Barracuda Investments INC
Mcw Assoc INC
Grant Deed
$3,490,000 · Cathay Bank
Jan 25, 2012
$2,700,000
Mcw Assoc INC
Beck Randolph C & T A Trust
Grant Deed
$3,400,000 · Small Business Capital Corp
Jul 24, 2001
—
Raassi & Asociates INC
—
Trustees Deed
related
$1,000,000 · Imperial Bank
Sep 3, 1998
—
Beck Trust
Beck,terry A
Quit Claim Deed
related
—
Aug 31, 1998
$1,825,000
Beck,terry A
2110 41st Avenue LLC
Trustees Deed
—
Aug 31, 1998
—
2110 41st Avenue LLC
Baskin Trust
Trustees Deed
related
—
Aug 25, 1997
—
Solari-ferrante-johnson
Solari Trust
Quit Claim Deed
related
—
Jan 28, 1997
—
Vlm
Solari Trust
Grant Deed
related
—
Jan 27, 1995
$1,400,000
Baskin Trust
Storm,edward D & Bonnie E
Grant Deed
$980,000 · Coast Commercial Bank
Mar 1, 1989
$295,000
Edward D Storm
Master,car Washi
Grant Deed
related
—
—
—
Cars Cattle
—
Deed Of Trust
related
$950,000 · Pacific Western National Bank
—
—
Cattle Cars
—
Deed Of Trust
related
$700,000 · Pacific Western National Bank
—
—
Edward D Storm
—
Deed Of Trust
related
$110,000 · Roberts Trust
—
—
Capitola Inv INC
—
Deed Of Trust
related
$410,000 · Lesco Capital Co
—
—
Beck Trust
—
Deed Of Trust
related
$725,000 · Standard Mortgage Investors
—
—
Capitola Inv INC
—
Deed Of Trust
related
$150,000 · Lesco Capital Co
—
—
Capitola Inv INC
—
Deed Of Trust
related
$50,000 · Lesco Capital Co
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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