4150 Soquel Dr Soquel, CA 95073-2183
- Mobile home & RV parks
- 1,760 SF
- 1.00 lot acres
Current Use by Public Records
- Nor-Cal Plumbing / Plumber
- Soquel Gardens Mobile Home Park / Mobile Home Park
- Lily's World of Creations / Artist
Property Details for 4150 Soquel Dr
- Year built
- 1900
- Construction
- WOOD
- Lot size
- 1.00 lot acres
- Property size
- 1,760 SF
- Zone code
- RM-3-MH
- Property type
- Mobile home & RV parks
- APN
- 030-131-03
- APU
- 3013103
Description
This exceptional 43,404 square foot lot, located at 4150 Soquel Drive in Soquel, California (zip code 95073), presents a compelling redevelopment opportunity. Currently operating as a 100% occupied mobile home park, the property boasts 23 units spread across 20 buildings, all single-story structures. The asking price is $3,400,000, translating to approximately $78 per square foot. The property's APN is 030-131-03, and it is individually owned. The total square footage of the land is 43,404 square feet, with a net rentable square footage of 1 (this likely refers to a separate calculation not provided). The property is classified as Class D and falls under the RM-3-MH permitted zoning. Situated in Santa Cruz County's 1st District, this distressed sale offers significant potential for investors seeking a high-density redevelopment project. The general plan designates the area as R-UH. This is a rare chance to acquire a substantial parcel in a desirable location with significant upside potential. The property's current configuration as a mobile home park provides immediate cash flow while allowing for future development plans. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $195,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $205,000
- 6.5%
- $210,000
- 7%
- $200,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $190,000
- Geo Method
- $180,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $170,000
- Retail
- $150,000
- Mixed-Use
- $165,000
- Hospitality
- $160,000
- Educational
- $185,000
- Residential Income
- $195,000
- Energy
- $175,000
- Income-Based Land
- $195,000
- Food Service
- $185,000
Location Insight
- Map
- Local Demand
- City
- Soquel
- County
- Santa Cruz
- State
- California
- Longitude
- -121.963
- Latitude
- 36.9872
- CBSA code
- 42100
- CBSA name
- SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA