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Financial
Distress signals
Property profile

64 Penny Ln Ste B Watsonville, CA 95076

OFF-MARKET
Office Spaces
Property ID
US09-2099367
0.02 ac lot Built 1989
Last sale Sep 2014 · $160,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,479 square foot industrial building presents a unique investment or owner-user opportunity in the thriving Watsonville Professional district. Located at 64 Penny Lane, Watsonville, CA, this property sits on a 0.03-acre lot and offers significant advantages for a variety of businesses. The building is currently vacant, providing immediate occupancy for a new owner. Its central location offers easy access to local amenities, ensuring convenience for both employees and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$189k
Assessed land$77k
Assessed improvement$112k
Effective rate1.19%

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$290k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$424/SF
County average, outlier-cleaned · 87 recorded sales of this use type
Observed band · Q1–Q3$233 – $653

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSANTA CRUZ

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency45.3
Law Firm34.7
Restaurant28.8

Location

64 Penny Ln Ste B Watsonville, CA 95076-6021
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
275 Westgate, Watsonville, CA 95076-2470 $1,375,000 May 2025 10,752 SF
163 Lk, Watsonville, CA 95076-4511 $99,000 Oct 2024 No data
108 Garin, Watsonville, CA 95076 $1,800,000 Sep 2024 4,332 SF
17 Aspen, Watsonville, CA 95076-3085 $1,225,000 Sep 2024 4,722 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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