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Property profile & analytics
OFF-MARKET
Parking lots & garages
321 Marchant St, Watsonville, CA 95076
Individually Owned
4-yr Hold
Free & Clear
Property ID
US09-1922238
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1931
Total area
680 SF
Lot
0.04 ac (1,742 SF)
APN
017-121-12
UPID
US09-1922238
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Salud Para La Gente · 4 yrs held
Salud Para La Gente
since 2022
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
—
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
$76
Tax year 2024
Assessed value
$160,247
Assessed 2024
Previous assessed
$160,247
+0.0% YoY
Effective rate
0.05%
On assessed value
Assessed land
$149,642
Assessed improvement
$10,605
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1931
Heating
FLOOR/WALL FURNACE
Rooms
4
Bathrooms
1
Total area
680 SF
Lot
0.04 ac (1,742 SF)
APN
017-121-12
UPID
US09-1922238
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
1931
Heating
FLOOR/WALL FURNACE
Rooms
4
Bathrooms
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Salud Para La Gente
Individual
Free & Clear · 4 yrs held
Mailing address
195 AVIATION WAY STE #200, WATSONVILLE, CA 95076-2059
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2022
—
Salud Para La Gente
Salud Para La Gente Qalicb
Grant Deed
—
Jun 30, 2017
—
Salud Para La Gente Qalicb
—
Grant Deed
related
$2,000,000 · Santa Cruz Cnty Bk
May 19, 2015
$1,686,000
Salud Para La Gente Qalicb
Salud Para La Gente
Grant Deed
$8,342,000 · Northern California Community Loan Fund
May 15, 2015
—
Salud Para La Gente
—
Grant Deed
related
$2,000,000 · Santa Cruz Cnty Bk
Oct 14, 2014
$240,000
Salud Para La Gente
Rosewall Family Liv Trust
Grant Deed
—
Dec 24, 2012
$60,000
Rosewall Family Living Trust
Rosewall T H & V Trust
Grant Deed
related
—
Nov 13, 2008
—
Rosewall Family Living Trust
Rosewall,ruth M
Quit Claim Deed
related
—
Aug 8, 1996
—
Rosewall Trust
Rosewall,thomas H & Virginia E
Quit Claim Deed
related
—
—
—
Salud Para La Gente
—
Deed Of Trust
related
—
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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