1955 41St AveCapitola, CA 95010

Property Details for 1955 41St Ave

Year built

1979

Construction

TILT-UP CONCRETE

Lot size

3.94 AC

Property size (Sq ft)

28,558 SF

Property type

Retail properties

Property subtype

Community centers

APN

034-261-53

APU

3426153

Description

This exceptional retail opportunity presents three available spaces within the Capitola Convenience Center, a thriving commercial center in Santa Cruz County. The property boasts a total of 4,522 square feet, with flexible space options ranging from a minimum of 1,130 square feet to a maximum contiguous space of 2,109 square feet. Currently, all 4,522 square feet are vacant, presenting a unique chance for a single tenant to occupy the entire center or for multiple businesses to establish themselves in this high-traffic location. The center benefits from a highly visible location, making it ideal for businesses seeking maximum exposure. Ample parking is available for customers and employees, ensuring convenient access. Monument signage opportunities are also available, providing excellent branding potential. This property is strategically positioned within a well-established shopping center, offering the advantage of shared customer traffic and a strong sense of community. The "Ross anchored shopping center" location ensures high foot traffic and a built-in customer base. This is a rare chance to secure prime retail space in a desirable Capitola location. The flexible space options cater to a variety of business needs and sizes, making it an attractive proposition for both established businesses and new ventures. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $12,571,381

  6.5%

  $11,604,352

  7%

  $10,775,469

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,072,082

  Geo Method

  $20,072,082

• Alternative Use

  Use

  Valuation

  Residential

  $9,788,705

  Hospitality

  $8,966,401

  Educational

  $7,459,940

  Medical

  $7,716,499

  Retail

  $11,604,352

Location Insight

City

Capitola

County

Santa Cruz

State

California

Latitude

36.9778

Longitude

-121.967

CBSA code

42100

CBSA name

SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].