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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Medical Office Space
701 Msn St, Santa Cruz, CA 95060-3614
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-1426621
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1900
Construction
WOOD
Total area
2,279 SF
Lot
0.2 ac (8,799 SF)
APN
006-412-12
UPID
US09-1426621
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
-
Ashley Shakti - Holistic Doula, Herbalist and Women's Wellness Coach Physician
-
Taflyn Wilschinsky, DPT Physician
-
Madrone Midwifery Midwife
-
Sunshine Midwifery Midwife
-
Full Moon Birth and Family Wellness Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
$985k
Blend (final)
Blend
$1.05M
Owner & transaction history
Trevor William Tomlin · 4 yrs held
Trevor William Tomlin
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+24.2%
Retail stores
$1.4M
+14.6%
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
Method
Estimation
Statistic approach
$985,000
ML approach
$1,020,000
CAP Approach
CAP Return
Estimation
6%
$1,175,000
6.5%
$1,085,000
7%
$1,005,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,185,000
Current use
COMMERCIAL (GENERAL)
$1,470,000
Change: +24% · Conversion: Easy
RETAIL STORES
$1,355,000
Change: +15% · Conversion: Difficult
OFFICE BUILDING
$980,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±10% · vs last sale $1.10M (Jan 13 2022)
Last sale anchor
$1.10M
Jan 13 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$459 / SF
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
$13,057
Tax year 2024
Assessed value
$1,144,440
Assessed 2024
Previous assessed
$1,144,440
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$801,108
Assessed improvement
$343,332
Applied tax rate
1.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Units
1
Rooms
10
Bathrooms
2
Total area
2,279 SF
Lot
0.2 ac (8,799 SF)
APN
006-412-12
UPID
US09-1426621
Jurisdiction
SANTA CRUZ
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
OFFICE BUILDING
Est. value
$980,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Units
1
Rooms
10
Bathrooms
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Trevor William Tomlin
Individual
Mailing address
701 MSN ST, SANTA CRUZ, CA 95060-3614
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2022
$1,100,000
Trevor William Tomlin
Henry P Ruhnke JR
Grant Deed
$550,000 · Pinncacle Bank
Jan 13, 2022
—
Trevor William Tomlin
—
Deed
related
$448,000 · California Statewide Certified Developme
Jan 31, 2018
—
Henry P Ruhnke JR.
Ruhnke,henry P JR
Quit Claim Deed
related
—
Dec 20, 2016
—
Ruhnke,jennifer L Trust
Ruhnke Living Trust
Quit Claim Deed
related
—
Feb 21, 2012
$20,000
Dost Living Trust
Sessions,ronald C
Grant Deed
—
Jun 11, 2009
—
Ronald C Sessions
Sessions R & S Living Trust
Quit Claim Deed
related
—
Sep 29, 2006
$900,000
Dost Living Trust
Sabih,david & Elaine
Grant Deed
$765,000 · David & Elaine Sabih
—
—
Dost Living Trust
—
Deed Of Trust
related
—
—
—
Dost Living Trust
—
Deed Of Trust
related
$290,000 · Premier Valley Bank
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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