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Financial
Distress signals
Property profile

2880 Soquel Ave Santa Cruz, CA 95062

FOR SALE
Other investment properties
Property ID
US09-2470264
9,000 SF 1.23 ac lot Built 2012
Last sale Oct 2005
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a two-story office building with flexible suite configurations. The ground floor includes approximately 9,000 square feet that can be divided into roughly 3,500-square-foot sections. Additional space comprises a basement area of about 4,000 square feet and an upstairs area of approximately 4,665 square feet, with elevator and stair access providing connectivity to the second story. The building is situated in a mid-county location near the Soquel/Highway 1 interchange and has…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$22k
Tax billed · 2024
Assessed value$1.69M
Assessed land$250k
Assessed improvement$1.44M
Effective rate1.31%

Value estimate

· Oct 2026
$2.44M
$2.19M – $2.68M
Submarket $/SF estimate$3.36M
NOI build-up
Gross scheduled income$378k
Vacancy & credit loss−$83k
Operating expenses−$74k
NOI · 4.56% cap applied$221k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$627/SF
Submarket average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$373 – $885

Cap rate analysis

How does the asset earn?
4.56%
$221k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-4
JurisdictionSANTA CRUZ

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency35.1
Law Firm32.8
Restaurant27.9

Location

2880 Soquel Ave Santa Cruz, CA 95062
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
910 Soquel, Santa Cruz, CA 95062-2102 $1,300,000 Nov 2023 7,448 SF
443 Pennsylvania, Santa Cruz, CA 95062-2433 $1,425,000 Apr 2023 1,947 SF
700 Soquel, Santa Cruz, CA 95062 $2,513,636 Aug 2022 2,763 SF
920 41st Avec, Santa Cruz, CA 95062-4457 $3,353,500 Aug 2020 7,780 SF
2776 Soquel, Santa Cruz, CA 95062-1409 $2,950,000 Apr 2020 5,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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