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Property profile & analytics
OFF-MARKET
Theaters & concert halls
715 Bethany Dr, Scotts Valley, CA 95066
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-1935908
Property profile
Verified
Property type
Theaters & concert halls
Use group
ARENA, CONVENTION CENTER
Year built
2018
Construction
WOOD
Total area
1,921 SF
Lot
1.14 ac (49,571 SF)
APN
023-021-19
UPID
US09-1935908
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
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
1440 Devco LLC · 12 yrs held
1440 Devco LLC
since 2014
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 Scotts Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scotts Valley 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
$12,171
Tax year 2024
Assessed value
$1,096,063
Assessed 2024
Previous assessed
$1,096,063
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$175,612
Assessed improvement
$920,451
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Theaters & concert halls
Use group
ARENA, CONVENTION CENTER
Status
Off-Market
Year built
2018
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Rooms
3
Bathrooms
1
Total area
1,921 SF
Lot
1.14 ac (49,571 SF)
APN
023-021-19
UPID
US09-1935908
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
2018
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Rooms
3
Bathrooms
1
Lot
1.14 ac
Current owner
From public records · entity-resolved
1440 Devco LLC
Entity
Mailing address
PO BOX 3141, SARATOGA, CA 95070-1141
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2014
—
1440 Devco LLC
Bethany University Of Assemblies
Grant Deed
$4,375,000 · Bethany University/assemblies
Aug 31, 2001
—
Bethany College Assemblies God
—
Deed Of Trust
related
$6,436,006 · Assemblies Of God Fin'l Svcs
Jul 17, 1996
—
Bethany College Of The Assembl
Bethany Bible College
Quit Claim Deed
related
$7,000,000 · Assemblers Of God Ministries B
Feb 8, 1996
—
Bethany College Of The Assembl
Bethany College Of The Assembl
Quit Claim Deed
related
$600,000 · Coast Commercial Bank
—
—
Bethany University Of Assemblies
—
Loan Modification
related
$6,436,006 · Assemblies/god Ln Fin
—
—
Bethany Bible College
—
Deed Of Trust
related
$600,000 · Excel Financial
—
—
Bethany Bible College
—
Deed Of Trust
related
$350,000 · Individual
—
—
Bethany Bible College
—
Deed Of Trust
related
$500,000 · Individual
—
—
Bethany College Association
—
Deed Of Trust
related
$900,000 · William A & Janette A Kassis
—
—
Bethany College Assem Of God
—
Deed Of Trust
related
$650,000 · Individual
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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