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Property profile & analytics
OFF-MARKET
Medical Office Space
525 Ctr St Santa Cruz, CA 95060-4312
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3111056
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2011
Construction
WOOD
Lot
0.12 ac (5,271 SF)
APN
005-132-01
UPID
US10-3111056
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
-
New Street Dental Dental Office
-
A. Gavin McClure, DDS Dental Office
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
Prosperity Project LLC · 15 yrs held
Prosperity Project LLC
since 2011
7 recorded transactions
Zoning & alternative use
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 Santa Cruz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Cruz 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
$9,174
Tax year 2024
Assessed value
$780,012
Assessed 2024
Previous assessed
$780,012
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$404,702
Assessed improvement
$375,310
Applied tax rate
1.0000
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
2011
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Lot
0.12 ac (5,271 SF)
APN
005-132-01
UPID
US10-3111056
Jurisdiction
SANTA CRUZ
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2011
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Prosperity Project LLC
Entity
Mailing address
1202 ESCALONA DR, SANTA CRUZ, CA 95060-3306
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2011
—
Prosperity Project LLC
Mcclure,a Gavin
Grant Deed
—
Jul 6, 2007
$600,000
A Gavin Mcclure
Charles J Elmore
Grant Deed
$450,000 · Coast Commercial Bank
Oct 22, 1998
$195,000
Leticia M Rodriguez
Fiorovich,johnnie M
Grant Deed
—
Feb 18, 1998
—
Johnnie M Florovich
—
Grant Deed
related
$139,500 · First National Bank Central Ca
Feb 12, 1997
$110,000
Fiorovich,johnnie M
Calvary Assembly God Salinas
Trustees Deed
$90,000 · Seller
Feb 12, 1997
—
Johnnie M Fiorvich
Fiorvich,phyllis
Quit Claim Deed
related
—
Aug 15, 1996
$100,000
Calvary Assembly Of God Of Sal
Templo El Calvario Spanish Ass
Grant Deed
related
—
May 3, 1996
—
Elmore Trust
Elmore,charles J & Kathleen
Quit Claim Deed
related
—
Jun 22, 1995
—
Charles J Elmore
Elmore,charles J & Kathleen
Quit Claim Deed
related
—
Jun 22, 1995
$153,500
Elmore,kathleen & Charles J
Raffanti,enrico F & Mary K
Trustees Deed
$110,000 · Coast Commercial Bank
Jul 30, 1993
$137,500
Enrico F Raffanti
Raffanti,alvina
Grant Deed
related
—
—
—
Johnnie M Florovich
—
Deed Of Trust
related
$56,000 · First National Bank Central Ca
—
—
Johnnie M Fiorovich
—
Deed Of Trust
related
$102,000 · 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.
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