310 Locust StSanta Cruz, CA 95060

Property Details for 310 Locust St

Year built

1967

Construction

TILT-UP CONCRETE

Lot size

0.15 AC

Property type

Office properties

Property subtype

Office buildings

APN

005-032-26

APU

503226

Description

This exceptional 1,971 square foot executive office suite is located at 310 Locust Street in Santa Cruz County, California. The space is part of a larger 6,665 square foot building offering a prestigious address with great presence and visibility. Ten secure parking spaces are available within a gated lot, providing ample parking for staff and clients. The property boasts updated landscaping and enjoys a very quiet and peaceful location. Numerous nearby amenities add to the convenience of this location, including its proximity to City Hall. The building is ideally suited for professional services and light service retail businesses. High-speed internet access is provided via Cruzio Internet service. The property sits on a 0.149-acre lot and is currently configured for multiple tenancies. This is a rare opportunity to secure a well-maintained and conveniently located executive office space in a desirable Santa Cruz location. The building offers a professional and welcoming environment, perfect for businesses seeking a high-quality workspace. The available space is ready for immediate occupancy. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this exceptional location. The quiet, peaceful setting, combined with the convenient amenities and excellent visibility, makes this an unparalleled opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,370,197

  6.5%

  $2,187,874

  7%

  $2,031,597

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,858,935

  Geo Method

  $1,858,935

• Alternative Use

  Use

  Valuation

  Residential

  $2,712,964

  Hospitality

  $2,485,060

  Educational

  $2,067,541

  Medical

  $2,138,647

  Retail

  $3,216,174

Location Insight

City

Santa Cruz

County

Santa Cruz

State

California

Latitude

36.9749

Longitude

-122.03

CBSA code

42100

CBSA name

SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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