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Property profile & analytics
OFF-MARKET
Commercial land
270 Nn Ave Aptos, CA 95003-4413
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0154072
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.32 ac (13,983 SF)
Zoning code
VA
APN
042-022-12
UPID
US09-0154072
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
Sharmistha Patel · 5 yrs held
Sharmistha Patel
since 2021
Last sale
$245,000
7 recorded transactions
Zoning & alternative use
VA · Aptos, 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 Aptos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aptos 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
$2,933
Tax year 2024
Assessed value
$267,944
Assessed 2024
Previous assessed
$267,944
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$267,944
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.32 ac (13,983 SF)
Zoning code
VA
APN
042-022-12
UPID
US09-0154072
Jurisdiction
SANTA CRUZ
Zoning & alternative use
VA · Aptos, CA
Zoning VA · permitted uses
VA · Aptos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aptos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.32 ac
Current owner
From public records · entity-resolved
Sharmistha Patel
Individual
Free & Clear · 5 yrs held
Mailing address
919 PRAMUKHS WAY, SAN JOSE, CA 95120-1643
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2021
—
Sharmistha Patel
Prakash Patel
Intrafamily Transfer
related
—
Jan 8, 2021
—
Patel,paresh & Bina Fam Trust
Paresh Patel
Quit Claim Deed
related
—
Sep 1, 2020
—
Patel,p & S Trust
Prakash Patel
Quit Claim Deed
related
—
Feb 25, 2019
$245,000
Prakash Patel
Wiekowicz,richard
Grant Deed
—
Feb 25, 2019
—
Paresh Patel
Patel,bina P
Quit Claim Deed
related
—
Aug 15, 2014
—
Richard Wiekowicz
Wiekowicz,richard
Quit Claim Deed
related
—
Jun 30, 2011
—
Richard Wieckowicz
Fishbin Family 2005 Trust
Deed In Lieu Of Foreclosure
related
—
Feb 23, 2006
$475,000
Fishbin Family Trust
Wiekowicz,richard
Grant Deed
$380,000 · Richard Wiekowicz
Aug 31, 2004
—
Richard Wieckowicz
Gemanis,george & Margaret
Quit Claim Deed
related
—
Oct 18, 2002
$195,273
Richard Wieckowicz
Peterson,james & Marie
Quit Claim Deed
related
—
Oct 18, 2002
$81,500
George Gemanis
Peterson,james & Marie
Quit Claim Deed
related
—
Oct 18, 2002
$276,500
James Peterson
Longacre,jacquline
Quit Claim Deed
related
—
Sep 26, 2000
—
Jacqueline Longacre
Seacliff Street Associates
Grant Deed
related
—
Feb 19, 1998
$95,000
Robert Longacre
Catania Trust
Grant Deed
$65,000 · Seller
May 1, 1997
—
Catania Trust
Catania,tosca L
Quit Claim Deed
related
—
—
—
Robert Longacre
—
Deed Of Trust
related
$70,000 · Individual
—
—
Robert L Longacre
—
Deed Of Trust
related
$155,000 · Merrick Trust
—
—
Robert Longacre
—
Deed Of Trust
related
$75,000 · Merrick Industries INC
—
—
Robert Longacre
—
Deed Of Trust
related
$150,000 · Robert W Johnson #68-2841099
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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