Property profile

34 Hangar Way E Ste Watsonville, CA 95076

OFF-MARKET
Flex space
Property ID
US09-2176393
10,725 SF 0.49 ac lot Built 1977
Trust Owned 13-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • General Contractor Renovation Specialist
  • General Contractor Renovation Specialist
  • (Bike/Boat/Book/etc) Store Home Decor Store

Location

34 Hangar Way E Ste Watsonville, CA 95076-2466
Watsonville metro Census 110601 SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.35M
Blend (final) Blend
$365k

Owner & transaction history

since 2012
3 recorded transactions
2012
Price N/A
2012
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 34 Hangar Way E Ste?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message