Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Electronics & Wireless Store (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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