89 Hangar Way, Watsonville, CA 95076-2465
This exceptional 18,092-square-foot industrial property, located at 89 Hangar Way in Watsonville, California, presents a compelling investment opportunity. Priced significantly below replacement cost, this single-story facility offers strong upside potential. The building boasts high-quality improvements, ideal for both manufacturing and distribution uses. Features include 18-foot ceilings, two loading docks, and ample parking for 37 vehicles. Its strategic location within a prominent light industrial area in Santa Cruz County provides easy access to major transportation arteries, including Highways 1, 29, and 152, making it a central hub for the entire Monterey Bay Area. The property is zoned for industrial use and offers a rare combination of size, functionality, and location, making it an attractive option for businesses seeking a well-maintained, efficient space in a thriving market. The asking price is $3,950,000, translating to $218 per square foot. This represents a significant value proposition in the current market. The property's prime location and functional design make it an ideal choice for a variety of industrial operations. Don't miss this chance to acquire a high-quality industrial asset in a desirable location. The zip code is 95076.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.