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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
487 White Rd, Watsonville, CA 95076-9625
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-1147499
Property profile
Verified
Property type
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Year built
1977
Total area
2,374 SF
Lot
2.59 ac (112,690 SF)
Zoning code
A
APN
049-022-11
UPID
US09-1147499
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
-
Doug Byrd Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Richard E Seadler · 2 yrs held
Richard E Seadler
since 2024
7 recorded transactions
Zoning & alternative use
A · Watsonville, 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 Watsonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watsonville 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
—
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
$4,215
Tax year 2024
Assessed value
$580,064
Assessed 2024
Previous assessed
$580,064
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$369,326
Assessed improvement
$210,738
Applied tax rate
69.0000
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 properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Status
Off-Market
Year built
1977
Heating
CENTRAL
Units
1
Rooms
6
Bathrooms
4
Total area
2,374 SF
Lot
2.59 ac (112,690 SF)
Zoning code
A
APN
049-022-11
UPID
US09-1147499
Jurisdiction
SANTA CRUZ
Zoning & alternative use
A · Watsonville, CA
Zoning A · permitted uses
A · Watsonville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Watsonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
CENTRAL
Units
1
Rooms
6
Bathrooms
4
Lot
2.59 ac
Current owner
From public records · entity-resolved
Richard E Seadler
Individual
Mailing address
487 WHITE RD, WATSONVILLE, CA 95076-9625
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2024
—
Richard E Seadler
Richard E Seadler
Intrafamily Transfer
related
—
May 31, 2023
—
Richard E Seadler
Carol D Seadler
Intrafamily Transfer
related
—
Jul 26, 2021
—
Richard E Seadler
—
Deed
related
$450,000 · Guaranteed Rate Affinity LLC
May 5, 2010
—
Richard E Seadler
Seadler,richard E
Quit Claim Deed
related
—
May 8, 2003
—
Richard E Seadler
Newton,carol
Grant Deed
$285,000 · Comunity Lending INC
Feb 5, 2002
$395,000
Richard E Seadler
Goodyear,william C
Grant Deed
—
Oct 5, 2001
$65,000
William C Goodyear
Ewing,john & Loraine
Grant Deed
related
$53,000 · John & Loraine
Jul 14, 2000
—
John Ewing
Ewing,john & Loraine
Quit Claim Deed
related
$219,000 · Monument Mortgage INC
—
—
John P Ewing
—
Deed Of Trust
related
$175,992 · Ford Consumer Finance Co
—
—
Richard E Seadler
—
Deed Of Trust
related
$323,700 · Greenlight Loans
—
—
John P Ewing
—
Deed Of Trust
related
$75,000 · Sears Trust
—
—
William C Goodyear
—
Deed Of Trust
related
$40,000 · Mary M Bulley
—
—
John P Ewing JR.
—
Deed Of Trust
related
$10,000 · Individual
—
—
Richard E Seadler
—
Deed Of Trust
related
$333,700 · Mit Lending
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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