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Property profile & analytics
OFF-MARKET
Estimated value
$5,000,000
Manufacturing properties
6996 Soquel Ave 1, Santa Cruz, CA 95062-2067
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0848298
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1999
Construction
TILT-UP CONCRETE
Lot
1.01 ac (43,996 SF)
Zoning code
C-4
APN
031-021-95
UPID
US09-0848298
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
-
Clear View Bay Area General Contractor Renovation Specialist
-
Yoga Motive Gym & Fitness Center
-
Moriarty's Roofing Roofing Company General Contractor
-
Santa Cruz Skylights Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.00M
Owner & transaction history
Keltic Enterprises LLC · 1 yrs held
Keltic Enterprises LLC
since 2025
Last sale
$5.0M
6 recorded transactions
Zoning & alternative use
C-4 · Santa Cruz, CA
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
$32,468
Tax year 2024
Assessed value
$2,824,293
Assessed 2024
Previous assessed
$2,824,293
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$901,370
Assessed improvement
$1,922,923
Applied tax rate
96.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1999
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
1
Lot
1.01 ac (43,996 SF)
Zoning code
C-4
APN
031-021-95
UPID
US09-0848298
Jurisdiction
SANTA CRUZ
Zoning & alternative use
C-4 · Santa Cruz, CA
Zoning C-4 · permitted uses
C-4 · Santa Cruz, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Cruz. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Keltic Enterprises LLC
Entity
Mailing address
7265 MESA DR, APTOS, CA 95003-3309
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2025
$5,000,000
Keltic Enterprises LLC
Joseph William Callero
Grant Deed
$2,500,000 · West Coast Community Bank
Apr 14, 2025
—
Keltic Enterprises LLC
—
Deed
related
$2,050,000 · Business Finance Capital
Dec 21, 2016
—
Callero Living Trust
Callero Living Trust
Quit Claim Deed
related
$1,300,000 · Bank Of The West
Apr 25, 2014
$2,350,000
Callero Living Trust
Palmer Trust
Grant Deed
—
Aug 7, 2012
—
Kraft Daniel R & J D 1999 Trust
Palmer Trust
Quit Claim Deed
related
—
Dec 8, 2000
$2,100,000
Palmer Trust
Applied Graphics
Grant Deed
—
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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