2450 17Th AveSanta Cruz, CA 95062

Property Details for 2450 17Th Ave

Year built

1982

Construction

TILT-UP CONCRETE

Lot size

1.68 AC

Property size (Sq ft)

39,111 SF

Zone code

C-2

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

029-321-02

APU

2932102

Description

This exceptional 13,200-square-foot warehouse in Santa Cruz, California, presents a significant leasing opportunity. Located at 2450 17th Avenue, zip code 95062, this industrial property boasts a spacious layout ideal for various business needs. The entire 13,200 square feet is currently vacant, offering immediate occupancy. The warehouse features a substantial 22-foot ceiling height, providing ample vertical space for storage or high-volume operations. Access is enhanced by the inclusion of one convenient drive-in door. Ample parking is available on-site, ensuring convenient access for employees and clients. The property is situated in Santa Cruz County and is classified as a multi-tenant building. This presents a unique chance to establish a presence in a desirable Santa Cruz location. The property's size and features make it suitable for a wide range of industrial uses. Interested parties are encouraged to inquire further to explore the possibilities this warehouse offers.

• CAP approach

  CAP return

  Valuation

  6%

  $14,523,071

  6.5%

  $13,405,912

  7%

  $12,448,347

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,908,096

  Geo Method

  $16,908,096

• Alternative Use

  Use

  Valuation

  Residential

  $13,405,912

  Hospitality

  $12,279,743

  Educational

  $10,216,602

  Medical

  $10,567,967

  Retail

  $15,892,492

Location Insight

City

Santa Cruz

County

Santa Cruz

State

California

Latitude

36.9846

Longitude

-121.981

CBSA code

42100

CBSA name

SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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