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Property profile & analytics
OFF-MARKET
Manufacturing properties
2482 Freedom Blvd Watsonville, CA 95076-1025
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-2343001
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
1965
Construction
WOOD
Total area
2,513 SF
Lot
11.44 ac (498,544 SF)
Zoning code
CA
APN
050-171-01
UPID
US09-2343001
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Thomas A Rider · 3 yrs held
Thomas A Rider
since 2023
7 recorded transactions
Zoning & alternative use
CA · Watsonville, 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 Watsonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watsonville 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
$10,243
Tax year 2024
Assessed value
$179,327
Assessed 2024
Previous assessed
$179,327
+0.0% YoY
Effective rate
5.71%
On assessed value
Assessed land
$73,081
Assessed improvement
$106,246
Applied tax rate
69.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
NONE
Units
1
Bathrooms
2
Total area
2,513 SF
Lot
11.44 ac (498,544 SF)
Zoning code
CA
APN
050-171-01
UPID
US09-2343001
Jurisdiction
SANTA CRUZ
Zoning & alternative use
CA · Watsonville, CA
Zoning CA · permitted uses
CA · Watsonville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Watsonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
NONE
Units
1
Bathrooms
2
Lot
11.44 ac
Current owner
From public records · entity-resolved
Thomas A Rider
Individual
Mailing address
2482 FREEDOM BLVD, WATSONVILLE, CA 95076-1025
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2023
—
Thomas A Rider
Thomas A Rider
Intrafamily Transfer
related
$2,062,000 · Santa Cruz County Bank
Mar 20, 2017
—
Rider,robert Trust
Rider Robert L
Quit Claim Deed
related
—
Dec 28, 2012
—
Thomas A Rider
Rider,margaret C
Quit Claim Deed
related
—
Nov 3, 2006
—
Rider Family Trust
Rider Family Trust
Quit Claim Deed
related
—
Oct 30, 2006
—
Margaret C Rider
Rider,clinton H
Affidavit Of Death
related
—
Oct 16, 2006
—
Rider Family Trust
Rider,clinton H & Margaret C
Quit Claim Deed
related
—
Jun 16, 1998
—
Clinton H Rider
Rider,clinton H
Quit Claim Deed
related
—
Mar 18, 1998
—
Clinton H Rider
Rider,margaret C
Quit Claim Deed
related
$222,000 · Sterling Pacific Mortgage
—
—
Clinton H Rider
—
Deed Of Trust
related
$700,000 · Stearns Trust
—
—
Clinton H Rider
—
Deed Of Trust
related
$150,000 · M Lewis INC
—
—
Clinton H Rider
—
Deed Of Trust
related
$217,000 · Sterling Pacific Financial INC
—
—
Clinton H Rider
—
Deed Of Trust
related
$81,000 · Indymac Bank Fsb
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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