New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,890,000
Auto shops
3921 Soquel Dr, Soquel, CA 95073-3300
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0529631
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1979
Construction
TILT-UP CONCRETE
Total area
9,750 SF
Lot
0.7 ac (30,492 SF)
Zoning code
C-4
APN
030-061-25
UPID
US09-0529631
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
-
Old Volks Home Auto Repair Shop
-
Signs Up, LLC (Bike/Boat/Book/etc) Store Printing Service
-
Smog Check Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.80M
Blend (final)
Blend
$2.89M
Owner & transaction history
Schwager Development LLC · 3 yrs held
Schwager Development LLC
since 2022
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
C-4 · Soquel, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.1M
+6.0%
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
$2,805,000
ML approach
$2,765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,900,000
Current use
OFFICE BUILDING
$4,135,000
Change: +6% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,390,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$2.89M
Range $2.60M – $3.18M · ±10% · vs last sale $3.00M (Jul 29 2022)
Last sale anchor
$3.00M
Jul 29 2022
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
$296 / 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
$28,961
Tax year 2024
Assessed value
$2,463,746
Assessed 2024
Previous assessed
$2,463,746
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,322,010
Assessed improvement
$1,141,736
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
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Units
4
Total area
9,750 SF
Lot
0.7 ac (30,492 SF)
Zoning code
C-4
APN
030-061-25
UPID
US09-0529631
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
AUTO REPAIR, GARAGE Current
Est. value
$3.9M
OFFICE BUILDING
Est. value
$4.1M
WAREHOUSE, STORAGE
Est. value
$3.4M
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Units
4
Lot
0.7 ac
Current owner
From public records · entity-resolved
Schwager Development LLC
Entity
Mailing address
198 HILLSDALE AVE, SAN JOSE, CA 95136-1398
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2022
$2,995,000
Schwager Development LLC
Bei Scott Company LLC
Grant Deed
—
Jan 17, 2014
$2,050,000
Bei-scott Co LLC
Scotts Valley Property
Grant Deed
—
Sep 12, 2002
$1,700,000
Scotts Valley Property Investo
Brown,beverly D
Grant Deed
$900,000 · Wells Fargo Bank
—
—
Beverly D Brown
—
Deed Of Trust
related
$65,000 · Individual
—
—
Bei-scott Co LLC
—
Deed Of Trust
related
$1,400,000 · Rabobank
—
—
Beverly D Brown
—
Deed Of Trust
related
$29,077 · Individual
—
—
Aune Trust
—
Deed Of Trust
related
$183,000 · 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.
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 3921 Soquel Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
