Property profile

571 Calabasas Rd Watsonville, CA 95076

FOR SALE
Residential land & home lots
Property ID
US09-1986761
Individually Owned 5-yr Hold
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Property summary

AI-generated overview

Very hard to find a property like this zoned Residential AG - RA. Of the 10+ Acres approximately 7+ acres is flat and usable. Easy access off of Calabasas Rd. with existing driveway. High production well 200 GPM and the pump is connected to a 200 AMP panel. This property will support a custom home with a guest house up to 1,200 sq. ft. or up to 50% of the main house square footage. Plus a 500 sq. ft. ADU attached to main house, and additional out-buildings the zoning covers (buyer to verify structures allowed). The well is a 520 feet almost 200 feet below the static water level. It boast a 10 inch well casing with a 20 HP 3 inch pump on a 3 inch pipe at 357 feet. Its rated output is 200 GPM and static water level did not drop during test. Mountain views to the north and the area is peaceful yet a very short drive to Highway 1, grocery stores, restaurants & other services. If you are looking for large usable land and a blank canvas, see this.

Property profile

Verified
Property type Residential land & home lots
UPID US09-1986761

Cap rate & NOI

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

Location

571 Calabasas Rd Watsonville, CA 95076
Watsonville metro
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Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history

since 2021
1 recorded transaction
2021
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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