Property profile

499 Lk Ave Santa Cruz, CA 95062

OFF-MARKET
Office buildings
Property ID
US09-2384199
0.04 ac lot Built 1988
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Construction WOOD
Lot 0.04 ac (1,873 SF)
Zoning code PA
APN 027-032-03
UPID US09-2384199

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office

Location

499 Lk Ave Santa Cruz, CA 95062-3938
Santa Cruz metro Census 121501 SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2014
7 recorded transactions
2014
$795,000
2013
Price N/A
2011
Price N/A
2010
$950,000
2010
Price N/A
2008
Price N/A
2007
Price N/A

Zoning & alternative use

PA · Santa Cruz, CA
Zoning description

2. Design regulations within any of the Mission Street Urban Design Overlay District Professional Administrative (PA) sub-district. a. Signs Standards. (1) Pole signs are not allowed in the PA sub-district. 3. Design gui…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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