Property profile

501 Msn St Santa Cruz, CA 95060

OFF-MARKET
Office buildings
Property ID
US09-3252364
0.6 ac lot Built 1982
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 742-square-foot office space is ideally situated on the second floor of 501 Mission Street in the vibrant city of Santa Cruz, California. Located in Santa Cruz County, this single-tenant property offers a traditional office layout perfect for a variety of businesses. The building itself boasts a total of 11,826 square feet, providing ample space and a professional atmosphere. The unit becomes available for occupancy on October 1st. This is a fantastic opportunity to establish a presence in a desirable Santa Cruz location. The address is 501 Mission Street, Santa Cruz, CA 95060. The property's convenient location offers easy access to local amenities, transportation routes, and a thriving business community. This traditional office space provides a comfortable and productive work environment, making it an ideal choice for companies seeking a well-maintained and conveniently located office in Santa Cruz. The property is ready for immediate occupancy, allowing for a seamless transition for your business. Don't miss this chance to secure this exceptional office space in a prime Santa Cruz location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction WOOD
Lot 0.6 ac (26,267 SF)
APN 006-401-02
UPID US09-3252364

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
  • Gym & Fitness Center Alternative Medicine Practice
  • Marriage Or Relationship Counselor
  • Counselor Service Establishment
  • Marriage Or Relationship Counselor
  • Law Firm

Location

501 Msn St Santa Cruz, CA 95060-3661
Santa Cruz metro Census 100700 SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.21M

Owner & transaction history

since 2022
Last sale
$1.4M
7 recorded transactions
2022
Price N/A
2022
Price N/A
2019
Price N/A
2013
Price N/A
2012
Price N/A
2012
$1.4M
2010
Price N/A

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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