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Property profile & analytics
OFF-MARKET
Estimated value
$28,740,000
Warehouses
3713 Soquel Dr, Soquel, CA 95073-2036
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0065560
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2008
Construction
TILT-UP CONCRETE
Total area
102,976 SF
Lot
2.06 ac (89,821 SF)
Zoning code
C-4
APN
030-061-27
UPID
US09-0065560
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
$31.71M
Comparable Approach
Comparable
$33.22M
Blend (final)
Blend
$28.74M
Owner & transaction history
Tkg Storagemart Partners Portfolio · 3 yrs held
Tkg Storagemart Partners Portfolio
since 2023
7 recorded transactions
Zoning & alternative use
C-4 · Soquel, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$43.7M
+21.9%
Auto repair, garage
$41.2M
+15.0%
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 Soquel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Soquel 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
by Request
CAP Approach
CAP Return
Estimation
6%
$34,350,000
6.5%
$31,705,000
7%
$29,440,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$35,820,000
Current use
OFFICE BUILDING
$43,650,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$41,200,000
Change: +15% · Conversion: Easy
Blend value · Realmo final
$28.74M
Range $25.87M – $31.61M · ±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
$279 / 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
$231,667
Tax year 2024
Assessed value
$21,220,519
Assessed 2024
Previous assessed
$21,220,519
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$5,290,907
Assessed improvement
$15,929,612
Applied tax rate
96.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
102,976 SF
Lot
2.06 ac (89,821 SF)
Zoning code
C-4
APN
030-061-27
UPID
US09-0065560
Jurisdiction
SANTA CRUZ
Zoning & alternative use
C-4 · Soquel, CA
Zoning C-4 · permitted uses
C-4 · Soquel, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Soquel. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$35.8M
OFFICE BUILDING
Est. value
$43.7M
AUTO REPAIR, GARAGE
Est. value
$41.2M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2008
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
2.06 ac
Current owner
From public records · entity-resolved
Tkg Storagemart Partners Portfolio
Entity
Mailing address
215 N STADIUM BLVD STE #207, COLUMBIA, MO 65203-1160
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2023
—
Tkg Storagemart Partners Portfolio
Soquel Storage LLC
Grant Deed
$127,500,000 · Citi Real Estate Funding INC
Apr 4, 2017
$18,650,000
Soquel Storage LLC
Store More America Soquel LLC
Grant Deed
$12,000,000 · Western Alliance Bank
Feb 14, 2008
—
Storemore America Soquel LLC
Demar,william G
Grant Deed
—
Dec 24, 2007
$281,500
William G Demar
Store More America Soquel LLC
Grant Deed
—
Dec 24, 2007
—
William G Demar
Demar,kelly A
Quit Claim Deed
related
—
Jul 30, 2007
—
Store More America Soquel LLC
—
Trustees Deed
related
$12,950,000 · Bridge Bk/na
Jul 18, 2006
$1,150,000
Allen Renville
Store More America Soquel LLC
Grant Deed
—
Jul 18, 2006
—
Allen Renville
Renville,lisa
Quit Claim Deed
related
—
Jun 9, 2006
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Aug 3, 2004
—
John Steven G & Lesa G Trust
Markovich Thomas M Trust
Grant Deed
$4,050,000 · Us Bank NA
Nov 14, 1996
—
Thomas M Markovich
Thomas M Markovich Trustee
Quit Claim Deed
related
—
Oct 17, 1995
—
Hazel O Markey Trustee
Markey,hazel O
Quit Claim Deed
related
—
—
—
Store More America Soquel LLC
—
Deed Of Trust
related
$4,411,344 · Bridge Bk/na
—
—
Store More America Soquel LLC
—
Deed Of Trust
related
$500,000 · Benjamin E JR James
—
—
Store More America Soquel LLC
—
Loan Modification
related
$4,411,344 · Bridge Bk/na
—
—
Store More America Soquel LLC
—
Loan Modification
related
$12,950,000 · Bridge Bank NA
—
—
Store More America Soquel LLC
—
Deed Of Trust
related
$165,000 · Roller Gary E Trust
—
—
Store More America Soquel LLC
—
Loan Modification
related
$12,950,000 · Bridge Bk/na
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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