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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Grocery and convenience stores
3790 Portola Dr Santa Cruz, CA 95062-5138
Individually Owned
20-yr Hold
Free & Clear
Property ID
US09-0945639
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2020
Construction
WOOD
Total area
2,160 SF
Lot
0.23 ac (9,845 SF)
Zoning code
C-2
APN
032-081-52
UPID
US09-0945639
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
-
Hernandez Market Food Market Farmer's Market
-
Vigo Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
Diego Hernandez · 20 yrs held
Diego Hernandez
since 2006
7 recorded transactions
Zoning & alternative use
C-2 · Santa Cruz, CA
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$394 / 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
$14,717
Tax year 2024
Assessed value
$1,113,370
Assessed 2024
Previous assessed
$1,113,370
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$600,186
Assessed improvement
$513,184
Applied tax rate
82.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2020
Construction
WOOD
Heating
NONE
Rooms
5
Bathrooms
2
Total area
2,160 SF
Lot
0.23 ac (9,845 SF)
Zoning code
C-2
APN
032-081-52
UPID
US09-0945639
Jurisdiction
SANTA CRUZ
Zoning & alternative use
C-2 · Santa Cruz, CA
Zoning C-2 · permitted uses
C-2 · Santa Cruz, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Cruz. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Construction
WOOD
Heating
NONE
Rooms
5
Bathrooms
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Diego Hernandez
Individual
Free & Clear · 20 yrs held
Mailing address
3790 PORTOLA DR, SANTA CRUZ, CA 95062-5138
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2019
—
Diego Hernandez
—
Deed
related
$1,065,000 · Byline Bank
Jun 27, 2006
—
Diego Hernandez
Hernandez,maria E
Quit Claim Deed
related
—
Jun 27, 2006
$135,000
Diego Hernandez
Hernandez,pedro P & Irma A
Grant Deed
related
—
Apr 3, 2006
—
Pedro P Hernandez
Hernandez Market
Quit Claim Deed
—
Mar 29, 2006
—
Diego Hernandez
Hernandez Market
Quit Claim Deed
$516,000 · Interbay Funding LLC
Oct 10, 2002
$465,000
Market Hernandez
Jurnecka,tr
Grant Deed
$351,000 · Heritage Bank Of Commerce
Apr 12, 1996
—
Jurnecka Trust
Jurnecka,joseph E & Ruth K
Quit Claim Deed
related
—
—
—
Diego Hernandez
—
Deed Of Trust
related
$549,000 · Ridgestone Bk
—
—
Market Hernandez
—
Deed Of Trust
related
$65,000 · Jurnecka Trust
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.
Try Rey
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