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Property profile & analytics
OFF-MARKET
Estimated value
$1,615,000
Showrooms
2630 Soquel Dr Santa Cruz, CA 95065-1940
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-4621637
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1940
Construction
WOOD
Total area
5,760 SF
Lot
0.7 ac (30,579 SF)
Zoning code
C-1
APN
025-201-49
UPID
US09-4621637
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
-
Bill's Bike Repair (Bike/Boat/Book/etc) Store
-
Attilia's Antiques Home Decor Store (Bike/Boat/Book/etc) Store
-
Take Two Antiques Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.62M
Owner & transaction history
2650 Soquel LP · 5 yrs held
2650 Soquel LP
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
C-1 · Santa Cruz, 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 Santa Cruz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Cruz 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
$1,640,000
ML approach
$1,815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.62M
Range $1.45M – $1.78M · ±10% · vs last sale $1.50M (Jun 16 2021)
Last sale anchor
$1.50M
Jun 16 2021
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
$280 / 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
$17,016
Tax year 2024
Assessed value
$1,314,836
Assessed 2024
Previous assessed
$1,314,836
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$971,005
Assessed improvement
$343,831
Applied tax rate
96.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1940
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Total area
5,760 SF
Lot
0.7 ac (30,579 SF)
Zoning code
C-1
APN
025-201-49
UPID
US09-4621637
Jurisdiction
SANTA CRUZ
Zoning & alternative use
C-1 · Santa Cruz, CA
Zoning C-1 · permitted uses
C-1 · Santa Cruz, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Cruz. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
2650 Soquel LP
Entity
Mailing address
305 VINEYARD TOWN CTR #228, MORGAN HILL, CA 95037-5674
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jul 22, 2024
—
2650 Soquel LP
—
Deed
related
$500,000 · The Lovely Heart Living Trust
Aug 22, 2022
—
2650 Soquel LP
—
Deed
related
$300,000 · Lg Servicing INC
Apr 7, 2022
—
2650 Soquel LP
—
Deed
related
$300,000 · Ballard Family Revocable Trust
Jun 16, 2021
$1,500,000
2650 Soquel LP
Bei Scott Company LLC
Grant Deed
$975,000 · Casco Financial INC
Nov 3, 2006
—
Scott Tj
Bei-scott Co LLC
Quit Claim Deed
related
—
Jul 26, 2005
—
Record Owner
Bei-scott Co
Grant Deed
related
—
May 26, 2005
—
Bei Scott Co LLC
Bei Scott Co
Grant Deed
$250,000 · Community Bank Of Central Californi
Jul 13, 1995
$17,000
Bei-scott Co
Palmer,charles L & Dolores
Grant Deed
related
$4,267 · Seller
Jun 16, 1988
$295,000
Charles L Palmer
Unknown
Grant Deed
—
—
—
Charles L Palmer
—
Deed Of Trust
related
$378,000 · Coast Commercial Bank
—
—
Charles L Palmer
—
Deed Of Trust
related
$43,000 · Bulmore Robert
—
—
Charles L Palmer
—
Deed Of Trust
related
$25,000 · Bulmore Robert R
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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