Entity Owned Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1947
Construction
WOOD
Total area
960 SF
Lot
0.42 ac (18,208 SF)
Zoning code
R-1-5
APN
026-071-23
UPID
US09-2150367
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
$530k
Comparable Approach
Comparable
$850k
Blend (final)
Blend
$710k
Owner & transaction history
since 2020
Last sale
$720,000
5 recorded transactions
Zoning & alternative use
R-1-5 · Santa Cruz, CA
Zoning description
Each of the districts designated herein shall be subject to further designation into subdistricts, such as R-1-10, R-1-7, R-1-5, etc.; when so designated, the regulations governing the uses within such subdistricts shall…
General category
RESIDENTIAL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$710k
Value range
$639k – $781k
±10% around blend
Estimated value / SF
$740 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$639k
blend $710k
$781k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
960 SF
Lot area
0.42 ac
Year built
1947
Stories
62
APN
026-071-23
Zoning
R-1-5
Assessed value
$819,238
Annual tax
$10,950
3
Income approach: direct capitalization
Partial preview
Income approach indication
$530k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$570k
@ 6.5% CAP return
$530k
@ 7% CAP return
$490k
4
Sales comparison
Partial preview
Sales approach indication
$850k
Range $358k – $850k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$710k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 68 sales
$627
+18%
County 104 sales
$626
+18%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $740/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
Implied cap rate
4.80%
Implied, in-place cap rate for this showrooms
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.80%
9.0%
NOI (est.)
$50k *
Last sale · Jan 2020
$720k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.05M
Move the market yield to see immediate price impact.
Value / SF
$1,094
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.30%4.80%5.30%
$45k
$1.05M
$945k
$856k
$50k
$1.17M
$1.05M
$951k
$55k
$1.29M
$1.16M
$1.05M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$10,950
Tax year 2024
Assessed value
$819,238
Assessed 2024
Previous assessed
$819,238
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$682,698
Assessed improvement
$136,540
Applied tax rate
82.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1947
Construction
WOOD
Heating
YES
Stories
62
Units
1
Rooms
4
Bathrooms
1
Total area
960 SF
Lot
0.42 ac (18,208 SF)
Zoning code
R-1-5
APN
026-071-23
UPID
US09-2150367
Jurisdiction
SANTA CRUZ
Zoning & alternative use
R-1-5 · Santa Cruz, CAZoning R-1-5 · permitted uses
R-1-5 · Santa Cruz, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
Each of the districts designated herein shall be subject to further designation into subdistricts, such as R-1-10, R-1-7, R-1-5, etc.; when so designated, the regulations governing the uses within such subdistricts shall…
General category
RESIDENTIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1947
Construction
WOOD
Heating
YES
Stories
62
Units
1
Rooms
4
Bathrooms
1
Lot
0.42 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
R-1-5
RESIDENTIAL
Jurisdiction
Santa Cruz, CA
Recorded code
R-1-5
Official district
R-1-5
Official district profile
What the municipal code says about R-1-5
Zoning description
Each of the districts designated herein shall be subject to further designation into subdistricts, such as R-1-10, R-1-7, R-1-5, etc.; when so designated, the regulations governing the uses within such subdistricts shall…
General category
RESIDENTIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-1-5 in Santa Cruz, CA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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