1135 17 AveLive Oak, CA 95062

Property Details for 1135 17 Ave

Lot size

0.95 AC

Zone code

C-1

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

026-311-33

APU

2631133

Description

This exceptional 15,404 square foot retail property, located at 1135 17th Ave in Live Oak, California, presents a unique investment opportunity. Built in 2020, the building boasts a single-tenant occupancy with 1,718 square feet currently available for lease. Situated on a 0.95-acre lot in Santa Cruz County, this property offers excellent visibility and accessibility. The building's modern design and ample space make it ideal for a variety of retail businesses. The property's location in the thriving Live Oak community provides access to a strong customer base and significant foot traffic. The zip code is 95062. This is a single-tenant commercial property, perfect for a business seeking a well-maintained, modern space in a desirable location. The property's size and layout offer flexibility for various retail concepts. With its convenient location and modern amenities, this retail space is poised for success. The property's recent construction ensures modern building systems and energy efficiency. Serious inquiries are encouraged to explore this exceptional opportunity. The total building size is 15,404 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $15,334,055

  6.5%

  $14,154,512

  7%

  $13,143,476

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,852,262

  Geo Method

  $17,852,262

• Alternative Use

  Use

  Valuation

  Residential

  $14,154,512

  Hospitality

  $12,965,457

  Educational

  $10,787,108

  Medical

  $11,158,093

  Retail

  $16,779,946

Location Insight

City

Santa Cruz

County

Santa Cruz

State

California

Latitude

36.9708

Longitude

-121.985

CBSA code

42100

CBSA name

SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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