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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Retail residential properties
349 Gault St Santa Cruz, CA 95062-2248
Trust Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3068490
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1995
Construction
WOOD
Total area
1,320 SF
Lot
0.14 ac (6,011 SF)
APN
011-024-10
UPID
US10-3068490
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
-
Pure Beauty Esthetics Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
$725k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$690k
Owner & transaction history
Herschbach,erika W Trust · 9 yrs held
Herschbach,erika W Trust
since 2017
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
$465,000
CAP Approach
CAP Return
Estimation
6%
$785,000
6.5%
$725,000
7%
$675,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$825,000
Current use
MEDICAL BUILDING
$685,000
Change: -17% · Conversion: Easy
RETAIL STORES
$660,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$523 / 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
$16,679
Tax year 2024
Assessed value
$1,473,775
Assessed 2024
Previous assessed
$1,473,775
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$971,352
Assessed improvement
$502,423
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
1995
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
2
Bathrooms
4
Total area
1,320 SF
Lot
0.14 ac (6,011 SF)
APN
011-024-10
UPID
US10-3068490
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
$825,000
MEDICAL BUILDING
Est. value
$685,000
RETAIL STORES
Est. value
$660,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
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
1995
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
2
Bathrooms
4
Lot
0.14 ac
Current owner
From public records · entity-resolved
Herschbach,erika W Trust
Trust
Free & Clear · 9 yrs held
Mailing address
742 SAN MIGUEL CYN RD, ROYAL OAKS, CA 95076-9074
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2017
—
Herschbach,erika W Trust
Herschbach R I Trust
Quit Claim Deed
related
—
Apr 8, 2016
—
Herschbach,erika W Trust
Herschbach Rosmarie I Trust
Quit Claim Deed
related
—
Mar 26, 2015
—
Herschbach,erika W Trust
Herschbach Rosmarie Trust
Quit Claim Deed
related
—
Mar 25, 2014
—
Herschbach,erika W Trust
Herschbach R I Trust
Quit Claim Deed
related
—
Feb 27, 2013
—
Herschbach Erika W Trust
Herschbach R I Trust
Quit Claim Deed
related
—
Apr 4, 2012
—
Herschbach Erika W Trust
Herschbach Rosmarie I Trust
Quit Claim Deed
related
—
Mar 11, 2011
—
Herschbach Erika W Trust
Herschbach R I Trust
Quit Claim Deed
related
—
Jun 11, 2010
—
Herschbach Erika W Trust
Herschbach R I Trust
Quit Claim Deed
related
—
May 1, 2009
—
Herschbach Erika W Trust
Herschbach R I Trust
Quit Claim Deed
related
—
Mar 21, 2008
—
Herschbach Erika W Trust
Herschbach Trust
Quit Claim Deed
related
—
Dec 21, 2007
—
Herschbach Erikae W Trust
Herschbach,erika W
Quit Claim Deed
related
—
Mar 26, 2007
—
Erika W Herschbach
Herschbach R I Trust
Quit Claim Deed
related
—
Apr 6, 2006
—
Erika W Herschbach
Mopress,joseph
Quit Claim Deed
related
—
Feb 6, 2006
$1,100,000
Herschbach Rosmarie I Trust
Phillips Trust
Grant Deed
—
Jun 5, 1996
$355,000
Phillips Trust
Perry,charles N & Sherralyn J
Grant Deed
$255,000 · Seller
Dec 5, 1995
$50,000
Charles N Perry
Sal Maleti Corp
Grant Deed
related
—
Nov 5, 1992
$106,000
Richard R Nozaki
Shaw Trust
Grant Deed
—
—
—
Sal Maleti Corp
—
Deed Of Trust
related
$90,000 · Perry Trust
—
—
Phillips Trust
—
Deed Of Trust
related
$262,000 · Coast Commercial Bank
—
—
Sal Maleti Corp
—
Deed Of Trust
related
$50,000 · Individual
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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