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Property profile & analytics
OFF-MARKET Estimated value $270,000
Community centers

2320 Msn Stb Santa Cruz, CA 95060

0.24 ac lot Built 1967
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US09-1201268
Property summary
AI-generated overview

Linda Vista Shopping Center, located at 2330 Mission Street in Santa Cruz, California, presents a compelling investment opportunity in a thriving retail environment. This Class A property, built in 2024, boasts a total of 15,000 square feet across eight individual suites. Currently, approximately 8,540 square feet of retail space is available for lease, offering flexible options ranging from smaller units of 920 square feet to larger spaces up to 6,420 square feet. The center is situated on a 0.78-acre lot in the desirable West Santa Cruz submarket, benefiting from its proximity to the University of California, Santa Cruz (UCSC) and renowned surfing beaches, ensuring high visibility and accessibility. The property features 51 parking spaces and is zoned CC. The Santa Cruz County location, with its strong demographics (an estimated 60,000 residents within a 3-mile radius), provides a robust customer base. The property's APN is 002-216-06, 002-216-05, and 002-216-01. This is an exceptional opportunity for businesses seeking a prime location within a vibrant and growing community. There are no elevators on the property.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1967
Construction WOOD
Lot 0.24 ac (10,498 SF)
APN 002-216-05
UPID US09-1201268
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k
Owner & transaction history
Rfl Linda Vista LLC · 4 yrs held
Rfl Linda Vista LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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