2125 Delaware AveSanta Cruz, CA 95060

Property Details for 2125 Delaware Ave

Year built

1983

Construction

TILT-UP CONCRETE

Lot size

1.20 AC

Property size (Sq ft)

23,744 SF

Property type

Office properties

Property subtype

Office buildings

APN

003-161-49

APU

316149

Description

This exceptional Santa Cruz County property, located at 2125 Delaware Ave, 95060, offers 23,744 square feet of flexible space ideal for a variety of businesses. Currently, 21,038 square feet is available, divisible into units ranging from 3,277 to 10,519 contiguous square feet. The property boasts a single-story building situated on a 1.2-acre lot, providing ample space for operations and parking. With a zoning designation of Industrial, allowing for bioscience uses, this location presents a unique opportunity for companies seeking a blend of office, flex, warehouse, and R&D space. The building features a total of approximately 3 parking spaces per 1000 square feet. This prime location in the vibrant Swift Street District of West Side Santa Cruz offers easy access to the city's amenities and a thriving business community. The property is suitable for multiple tenants. This is a rare opportunity to secure a well-located, versatile industrial space in a highly sought-after area of Santa Cruz. Contact us today to learn more about this exceptional property and its potential to meet your business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $10,409,476

  6.5%

  $9,608,747

  7%

  $8,922,408

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,622,439

  Geo Method

  $6,622,439

• Alternative Use

  Use

  Valuation

  Residential

  $11,914,846

  Hospitality

  $10,913,935

  Educational

  $9,080,266

  Medical

  $9,392,550

  Retail

  $14,124,858

Location Insight

City

Santa Cruz

County

Santa Cruz

State

California

Latitude

36.9551

Longitude

-122.05

CBSA code

42100

CBSA name

SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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