312 Lincoln StSanta Cruz, CA 95060

  • Office properties
  • 5,040 SF
For Lease
$19.20/SF/YR View listing

Property Details for 312 Lincoln St

Year built
1966
Construction
TILT-UP CONCRETE
Lot size
0.15 AC
Property size (Sq ft)
5,040 SF
Property type
Office properties
Property subtype
Office buildings
APN
005-073-19
APU
507319

Description

This exceptional 1,000 square foot office space is situated in a desirable downtown Santa Cruz location at 312 Lincoln Street, conveniently across from the Boys and Girls Club. The property, a two-story, Class C building constructed in 1966, offers a total of 5,884 square feet, with this specific unit located upstairs. The space features an open layout, perfect for a variety of office configurations. Shared bathroom and kitchen facilities are included for tenant convenience. The building boasts a private off-street parking lot with eight spaces available. The zoning is designated for office use, and the lot size is 6,534 square feet. This unit represents a rare opportunity to secure a well-located, functional office space in the heart of Santa Cruz. The minimum divisible space is 1,000 square feet, and the maximum contiguous space available is also 1,000 square feet. The property's APN is 005-073-19. There are no elevators in the building. This is a single-building complex with a total of 5,884 square feet. Currently, 1,000 square feet of space is vacant and immediately available. This presents an excellent opportunity for businesses seeking a vibrant and accessible location in Santa Cruz, California, 95060.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,791,925
    6.5%
    $1,654,084
    7%
    $1,535,936
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,405,706
    Geo Method
    $1,405,706
  • Alternative Use

    Use
    Valuation
    Residential
    $2,051,065
    Hospitality
    $1,878,764
    Educational
    $1,563,110
    Medical
    $1,616,868
    Retail
    $2,431,504
312 Lincoln St, Santa Cruz, California

Location Insight

City
Santa Cruz
County
Santa Cruz
State
California
Latitude
36.9724
Longitude
-122.029
CBSA code
42100
CBSA name
SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$16,268
$749,908
$680,092
$1,430,000
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