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Property profile & analytics
OFF-MARKET
Estimated value
$1,460,000
Retail residential properties
303 Bch St Santa Cruz, CA 95060-5415
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2953965
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1908
Construction
WOOD
Total area
2,630 SF
Lot
0.08 ac (3,398 SF)
APN
007-215-05
UPID
US10-2953965
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
-
Namaste Grill & Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.45M
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.46M
Owner & transaction history
Cong Thanh LLC · 10 yrs held
Cong Thanh LLC
since 2016
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 Santa Cruz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Cruz 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%
$1,565,000
6.5%
$1,445,000
7%
$1,345,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,695,000
Current use
RETAIL STORES
$1,565,000
Change: -8% · Conversion: Easy
MEDICAL BUILDING
$1,365,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$1.46M
Range $1.31M – $1.61M · ±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
$555 / 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
$34,674
Tax year 2024
Assessed value
$3,133,582
Assessed 2024
Previous assessed
$3,133,582
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$2,205,113
Assessed improvement
$928,469
Applied tax rate
1.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1908
Construction
WOOD
Heating
NONE
Stories
3
Bathrooms
6
Total area
2,630 SF
Lot
0.08 ac (3,398 SF)
APN
007-215-05
UPID
US10-2953965
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
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
1908
Construction
WOOD
Heating
NONE
Stories
3
Bathrooms
6
Lot
0.08 ac
Current owner
From public records · entity-resolved
Cong Thanh LLC
Entity
Mailing address
18550 FARRAGUT LN, SARATOGA, CA 95070
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2025
—
Cong Thanh LLC
—
Deed
related
$500,000 · East West Bank
Feb 18, 2016
$2,700,000
Cong Thanh LLC
Andrew R Bruno
Grant Deed
$1,875,000 · Ctbc Bank Corp USA
Apr 1, 2009
—
Bruno Andrew R Trust
Bruno,andrew R & Sharon
Quit Claim Deed
related
—
Jun 7, 2007
$2,500,000
Andrew R Bruno
Swanberg,jan T & Elsy M
Grant Deed
$1,463,200 · Jan T & Elsy M Swanberg
Aug 26, 2004
$2,300,000
Jan T Swanberg
Breakers LLC
Grant Deed
$950,000 · Wells Fargo Bank
Nov 4, 2003
—
Breakers LLC
Clotfelter,kurt
Grant Deed
related
—
Apr 19, 2000
$1,125,000
Kurt Clotfelter
Hinshaw,barbara N
Grant Deed
$564,342 · Seebach Trust
Apr 13, 1993
—
Bradford J Hinshaw
Hinshaw,laurie
Quit Claim Deed
related
$630,000 · Individual
—
—
Kurt Clotfeiter
—
Deed Of Trust
related
$825,000 · Coast Commercial Bank
—
—
Kurt Clotfelter
—
Deed Of Trust
related
$150,000 · Bill J
—
—
Richard Seebach
—
Deed Of Trust
related
$111,200 · Us Small Business Admn
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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