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    FOR SALE
    Investment properties

    5272 Scotts Valley Dr, Scotts Valley, CA 95066

    1,220 SF 0.51 ac lot Built 1948
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US10-2224141
    Property summary
    AI-generated overview

    This exceptional mixed-use property at 5272 Scotts Valley Drive, Scotts Valley, CA 95066, presents a unique investment opportunity. The 2,392 square foot building sits on a 22,390 square foot lot (APN 022-042-03) and is zoned C-S. The asking price is $1,350,000, translating to $564.38 per square foot. The single-story structure features a prominent retail space at the front and a converted residential building at the rear, offering flexibility for various business ventures and potential live-work scenarios. The property benefits from ample parking and excellent ingress/egress, ensuring high visibility and accessibility. Its location along the bustling Scotts Valley Drive guarantees significant foot traffic and exposure. The existing business, a doggie day care, may be included in the sale or may agree to a leaseback arrangement. This presents a compelling opportunity for owner-occupancy or further development, capitalizing on the property's prime location and versatile configuration. The property's proximity to a creek adds to its charm and appeal.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1948
    Construction WOOD
    Total area 1,220 SF
    Lot 0.51 ac (22,390 SF)
    APN 022-042-03
    UPID US10-2224141
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.06M
    CAP Approach CAP
    $670k
    Comparable Approach Comparable
    $1.08M
    Blend (final) Blend
    $1.08M
    Owner & transaction history
    Oj Investments · 4 yrs held
    Oj Investments
    since 2022
    Last sale
    $1.1M
    7 recorded transactions
    2022
    $1.1M
    2007
    $520,000
    2002
    2000
    2000
    1989
    $315,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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