Property summary
60 Penny Lane is a two-story, single-tenant medical office building located in Watsonville’s commercial and medical district, with an approximate total area of 4,422 square feet. The property includes landscaped grounds, HVAC systems, and on-site parking, and it is positioned for pedestrian access to nearby dining, retail, a gym, and public transit. The interior layout comprises an entry waiting area and reception area, multiple private office/exam or treatment rooms, a large open-plan workspace, and staff areas. The building also provides two private bathrooms with laundry and shower access, along with water access distributed throughout the space. Natural light is present throughout, and the second floor includes an additional open workspace along with two more private office/exam or treatment rooms. The building is serviced by utilities arranged such that the tenant would be responsible for utilities and related operating expenses.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Medical Clinic
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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