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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Investment properties
2841 Porter St Ste A Soquel, CA 95073-2466
Trust Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0895322
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1920
Construction
WOOD
Total area
2,400 SF
Lot
0.15 ac (6,621 SF)
Zoning code
C-2-GH
APN
030-142-07
UPID
US09-0895322
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
-
Emozioni Pasticceria Bakery Take-out & Catering
-
Amy Dunniway MA, LMFT Marriage Or Relationship Counselor
-
Redz Hair Design Hair Salon Nail Salon
-
Finding Sophia Charitable Organization Social Service Agency
-
831 Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$890k
Owner & transaction history
Cavin Family Living Trust · 10 yrs held
Cavin Family Living Trust
since 2016
6 recorded transactions
Zoning & alternative use
C-2-GH · Soquel, 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 Soquel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Soquel 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,285,000
Change: -14% · Conversion: Easy
MEDICAL BUILDING
$1,245,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$890k
Range $801k – $979k · ±10%
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
$371 / 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
$7,739
Tax year 2024
Assessed value
$414,386
Assessed 2024
Previous assessed
$414,386
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$241,096
Assessed improvement
$173,290
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
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1920
Construction
WOOD
Heating
NONE
Stories
1
Units
3
Bathrooms
3
Total area
2,400 SF
Lot
0.15 ac (6,621 SF)
Zoning code
C-2-GH
APN
030-142-07
UPID
US09-0895322
Jurisdiction
SANTA CRUZ
Zoning & alternative use
C-2-GH · Soquel, CA
Zoning C-2-GH · permitted uses
C-2-GH · Soquel, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Soquel. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Construction
WOOD
Heating
NONE
Stories
1
Units
3
Bathrooms
3
Lot
0.15 ac
Current owner
From public records · entity-resolved
Cavin Family Living Trust
Trust
Free & Clear · 10 yrs held
Mailing address
8526 FLIP FLOP CT, PANAMA CITY BEACH, FL 32413-9487
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2016
—
Cavin Family Living Trust
Cavin,thomas F
Quit Claim Deed
related
—
Oct 20, 2009
—
Garye Ransone
Ransone,janiece
Quit Claim Deed
related
—
Apr 12, 2002
—
Thomas F Cavin
Cavin,debora R
Quit Claim Deed
related
—
May 2, 2000
$451,000
Thomas F Cavin
Swafford,blaine & Mary
Grant Deed
related
$404,937 · Seller
Aug 8, 1984
—
Owner Name Unavailable
Pereira,john S
Grant Deed
related
—
—
—
Gary Ransone
—
Deed Of Trust
related
$200,000 · Comerica Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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