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Property profile & analytics
OFF-MARKET
Estimated value
$1,475,000
Community centers
3 Seascape Vlg, Aptos, CA 95003-6102
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0585628
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1990
Construction
WOOD
Total area
44,868 SF
Lot
4.08 ac (177,768 SF)
Zoning code
C-1,PR
APN
054-083-06
UPID
US09-0585628
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
-
Paradise Pet Salon Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.05M
Blend (final)
Blend
$1.48M
Owner & transaction history
Katherine Jane Cobler · 1 yrs held
Katherine Jane Cobler
since 2024
7 recorded transactions
Zoning & alternative use
C-1,PR · 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
Method
Estimation
Statistic approach
by Request
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,405,000
Current use
Blend value · Realmo final
$1.48M
Range $1.33M – $1.62M · ±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
$33 / 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
$186,602
Tax year 2024
Assessed value
$8,945,305
Assessed 2024
Previous assessed
$8,945,305
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$2,689,739
Assessed improvement
$6,255,566
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1990
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
44,868 SF
Lot
4.08 ac (177,768 SF)
Zoning code
C-1,PR
APN
054-083-06
UPID
US09-0585628
Jurisdiction
SANTA CRUZ
Zoning & alternative use
C-1,PR · Aptos, CA
Zoning C-1,PR · permitted uses
C-1,PR · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1990
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
4.08 ac
Current owner
From public records · entity-resolved
Katherine Jane Cobler
Individual
Mailing address
1777 S BASCOM AVE STE D, CAMPBELL, CA 95008-0635
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2024
—
Katherine Jane Cobler
Michael T Cobler
Deed
related
—
Dec 23, 2024
—
Michael T Cobler
Michael T Cobler
Deed
related
—
Dec 28, 2023
—
Michael T Cobler
D&k Seascape Village LLC
Intrafamily Transfer
related
—
Dec 13, 2023
—
Ke De 22037 LLC
D&k Seascape Village LLC
Lease
—
Oct 2, 2012
—
D & K Seascape Village LLC
Cobler Michael T Trust
Grant Deed
—
Oct 25, 2002
—
Cobler,tr
Cobler,michael T
Quit Claim Deed
related
—
Jun 1, 1999
$5,820,000
Cobler,michael T
Holcomb Corp
Trustees Deed
—
Jun 1, 1999
—
Michael L Cobler
Cobler,elizabeth A
Quit Claim Deed
related
—
Nov 19, 1990
—
Holcomb Corp
Holcomb Corp
Quit Claim Deed
related
$4,000,000 · Sumitomo Bank
—
—
Holcomb Corp
—
Deed Of Trust
related
$200,000 · Ashby Lumber Pro
—
—
Holcomb Corp
—
Deed Of Trust
related
$140,000 · Individual
—
—
Holcomb Corp
—
Deed Of Trust
related
$140,000 · Loers Trust
—
—
Seascape By Shelter Systems
—
Deed Of Trust
related
$400,000 · Holcomb Corp
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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