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    OFF-MARKET
    Distribution centers

    339 Locust St, Watsonville, CA 95076

    15,043 SF 0.49 ac lot
    Property ID
    US09-1834730
    Property summary
    AI-generated overview

    This exceptional Watsonville investment opportunity comprises two buildings totaling 15,043 square feet on a 0.492-acre lot (APN: 017-092-16, 017-092-03). The property features approximately 9,800 square feet of net rentable warehouse space, perfect for manufacturing, warehousing, or distribution. The warehouse boasts 18-27 foot ceilings and two dock-high doors. Adding to its versatility, the property includes approximately 1,500 square feet of executive office space across two stories, complete with three bathrooms (two with showers), and the potential for an additional bathroom. A mezzanine level offers an additional approximately 3,400 square feet of usable space, accessible via a stairwell. Twelve parking spaces are available, and a fenced yard of approximately 3,000 square feet provides additional outdoor space. The property is zoned for Heavy Industrial use and is offered at $2,095,000 ($213.77/sq ft). This fee simple ownership presents a compelling opportunity for investors seeking a multi-functional industrial property in a prime location. The property's combination of warehouse space, office space, and outdoor area makes it highly adaptable to a variety of business needs.

    Property profile
    Verified
    Property type Distribution centers
    Total area 15,043 SF
    Lot 0.49 ac (21,432 SF)
    APN 017-092-16, 017-092-03
    UPID US09-1834730
    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
    • MSD Drywall Hardware & Home Improvement Interior Design
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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