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Property profile & analytics
OFF-MARKET Estimated value $1,360,000
Flex space

34 Hangar Way E Ste Watsonville, CA 95076-2466

10,725 SF 0.49 ac lot Built 1977
Trust Owned 13-yr Hold Absentee Owner Free & Clear
Property ID
US09-2176393
Property summary
AI-generated overview

This exceptional 10,725 square foot commercial building, situated on a 0.49-acre lot at 34 Hangar Way Unit A-F in Watsonville, CA, presents a compelling investment opportunity. Currently fully leased to high-quality, long-term tenants, this property offers immediate cash flow and significant upside potential. Located in the heart of Watsonville's thriving light industrial area, the building enjoys convenient access to Highway One and Airport Boulevard, ensuring excellent visibility and accessibility for both tenants and customers. The property's prime location within a sought-after commercial district makes it an ideal investment for those seeking stable returns and future appreciation. The building's robust construction and desirable tenant profile contribute to its strong financial performance. This is a rare chance to acquire a well-maintained, income-producing asset in a dynamic market. The property's versatility also allows for potential owner-user scenarios in the future, providing additional flexibility for long-term strategic planning. This is a turnkey investment ready to generate immediate returns and offer substantial long-term growth prospects. Don't miss this opportunity to secure a valuable asset in a rapidly developing area. Contact us today to schedule a showing and explore the possibilities.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1977
Construction TILT-UP CONCRETE
Total area 10,725 SF
Lot 0.49 ac (21,519 SF)
APN 015-111-39
UPID US09-2176393
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
  • Wills Avocados Big Box & Wholesale Store
  • Souza's Cabinets General Contractor Renovation Specialist
  • B & K Cabinets General Contractor Renovation Specialist
  • Adv Blinds (Bike/Boat/Book/etc) Store Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.35M
Blend (final) Blend
$1.36M
Owner & transaction history
Bianchi Robert A & J Family Trust · 13 yrs held
Bianchi Robert A & J Family Trust
since 2012
3 recorded transactions
2012
Price N/A
2012
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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