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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Gas stations
298 Grn Vly Rd Watsonville, CA 95076-1359
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US10-2436108
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
2014
Total area
3,702 SF
Lot
1.47 ac (64,033 SF)
APN
019-861-22
UPID
US10-2436108
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
-
LibertyX Bitcoin ATM Atm
-
ARCO Gas Station
-
ampm Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$910k
Owner & transaction history
Chad Otten · 12 yrs held
Chad Otten
since 2013
7 recorded transactions
Zoning & alternative use
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
$246 / 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
$55,536
Tax year 2024
Assessed value
$4,102,727
Assessed 2024
Previous assessed
$4,102,727
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$2,182,543
Assessed improvement
$1,920,184
Applied tax rate
2.0000
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
2014
Heating
NONE
Total area
3,702 SF
Lot
1.47 ac (64,033 SF)
APN
019-861-22
UPID
US10-2436108
Jurisdiction
SANTA CRUZ
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2014
Heating
NONE
Lot
1.47 ac
Current owner
From public records · entity-resolved
Chad Otten
Individual
Mailing address
298 GRN VLY RD, WATSONVILLE, CA 95076-1359
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
Nov 7, 2024
—
Grenville Food And Gas Corp
—
Deed
related
$2,935,000 · Commonwealth Business Bank
Feb 16, 2023
—
Grenville Food And Gas Corp
—
Deed
related
$1,000,000 · Bp Products North America INC
May 29, 2015
—
Grenville Food & Gas Corp
—
Trustees Deed
related
$200,000 · Bp West Coast Products
Oct 28, 2013
—
Chad Otten
Otten,viola
Quit Claim Deed
related
—
Oct 28, 2013
$2,600,000
Grenville Food & Gas Corp
Otten,chad
Grant Deed
$2,300,000 · Mid Valley Services INC
Aug 13, 2013
$2,490,610
Chad Otten
Mid Valley Svcs INC
Trustees Deed
related
—
Aug 19, 2011
—
Watsonville Petroleum INC
—
Trustees Deed
related
$2,300,000 · Mid Valley Services INC
May 26, 2011
$900,000
Watsonville Petroleum INC
Omni Finl LLC
Grant Deed
—
Jan 8, 2009
$1,428,527
Omni Finl LLC
Wt Capital Lender Services
Trustees Deed
related
—
Oct 10, 2003
—
Ava Global Enterprise
To,toan & Tao
Grant Deed
$1,625,000 · Bella Bella Fund LLC
Jul 31, 2001
$825,000
Toan To
Nguyen,cuong & Oanh
Grant Deed
$325,000 · E F Foley & Co INC
Jul 31, 2001
$50,000
Cuong Nguyen
Vuong,cuong & Oanh K
Grant Deed
related
—
—
—
Ava Global Ent LLC
—
Deed Of Trust
related
$900,000 · Omni Financial LLC
—
—
Towers LLC
—
Deed Of Trust
related
$500,000 · Roach Trust
—
—
Ava Global Ent LLC
—
Deed Of Trust
related
$550,000 · Omni Financial LLC
—
—
Ava Global Ent LLC
—
Deed Of Trust
related
$1,300,000 · Omni Financial LLC
—
—
Grenville Food & Gas Corp
—
Deed Of Trust
related
$900,000 · Mid Vly Svcs
—
—
Grenville Food & Gas Corp
—
Deed Of Trust
related
$3,300,000 · Hana Small Busn Lndg
—
—
Ava Global Enterprises LLC
—
Deed Of Trust
related
$2,290,000 · Omni Financial LLC
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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