Back to Search
Property profile & analytics
OFF-MARKET
Industrial properties
711 Pacific Ave Santa Cruz, CA 95060-4427
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3694202
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2014
Construction
WOOD
Total area
5,970 SF
Lot
0.09 ac (4,051 SF)
APN
007-021-06
UPID
US09-3694202
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
-
Top Spot Sports Pub and Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lm Properties 923 931 Pacific Ave L · 6 yrs held
Lm Properties 923 931 Pacific Ave L
since 2020
Last sale
$100,000
7 recorded transactions
Zoning & alternative use
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
$31,874
Tax year 2024
Assessed value
$2,871,195
Assessed 2024
Previous assessed
$2,871,195
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$841,459
Assessed improvement
$2,029,736
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2014
Construction
WOOD
Heating
NONE
Total area
5,970 SF
Lot
0.09 ac (4,051 SF)
APN
007-021-06
UPID
US09-3694202
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
Building & site characteristics
From public records
Year built
2014
Construction
WOOD
Heating
NONE
Lot
0.09 ac
Current owner
From public records · entity-resolved
Lm Properties 923 931 Pacific Ave L
Entity
Mailing address
605 PACIFIC AVE APT #302, SANTA CRUZ, CA 95060-7528
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2024
—
Lm Properties 923 931 Pacific Ave L
—
Deed
related
$400,000 · 1st Capital Bank
Nov 29, 2021
—
Lm Properties 923 931 Pacific Ave L
—
Deed
related
$2,587,000 · Meriwest Cu
Jan 17, 2020
—
Lm Properties 923 931 Pacific Ave L
Lm Properties 923 931 Pacific Ave L
Intrafamily Transfer
related
$1,790,000 · Santa Cruz County Bank
Aug 3, 2018
$1,050,000
Calvin & Tina Lee Family Trust
Lee Calvin & Tina F/tr
Grant Deed
—
Aug 3, 2018
—
Lm Prop 923-931 Pacific Ave Ll
Lee Calvin & Tina F/tr
Quit Claim Deed
—
Apr 6, 2012
$100,000
Lee Calvin & Tina Family Trust
First American Title Co
Trustees Deed
related
—
May 2, 2008
$333,000
Abel Mekkoudi
Mekkoudi,abderrahim
Grant Deed
related
$800,000 · Valley Community Bank
Apr 2, 2007
—
Bruce R Miller
Miller,bruce R
Quit Claim Deed
related
—
—
—
Lee,calvin & Tina Family Trust
—
Deed Of Trust
related
$488,000 · Capital Access Group INC
—
—
Lee,calvin & Tina Family Trust
—
Deed Of Trust
related
$675,000 · Capital Access Group INC
—
—
Bruce R Miller
—
Deed Of Trust
related
$200,000 · Mccombs Family Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 711 Pacific Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
