501 Mission StSanta Cruz, CA 95060

Property Details for 501 Mission St

Year built

1982

Construction

WOOD

Lot size

0.60 AC

Property type

Office properties

Property subtype

Office buildings

APN

006-401-02

APU

640102

Description

This exceptional 742-square-foot office space is ideally situated on the second floor of 501 Mission Street in the vibrant city of Santa Cruz, California. Located in Santa Cruz County, this single-tenant property offers a traditional office layout perfect for a variety of businesses. The building itself boasts a total of 11,826 square feet, providing ample space and a professional atmosphere. The unit becomes available for occupancy on October 1st. This is a fantastic opportunity to establish a presence in a desirable Santa Cruz location. The address is 501 Mission Street, Santa Cruz, CA 95060. The property's convenient location offers easy access to local amenities, transportation routes, and a thriving business community. This traditional office space provides a comfortable and productive work environment, making it an ideal choice for companies seeking a well-maintained and conveniently located office in Santa Cruz. The property is ready for immediate occupancy, allowing for a seamless transition for your business. Don't miss this chance to secure this exceptional office space in a prime Santa Cruz location.

• CAP approach

  CAP return

  Valuation

  6%

  $10,071,848

  6.5%

  $9,297,090

  7%

  $8,633,012

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,326,129

  Geo Method

  $7,326,129

• Alternative Use

  Use

  Valuation

  Residential

  $11,528,392

  Hospitality

  $10,559,945

  Educational

  $8,785,750

  Medical

  $9,087,906

  Retail

  $13,666,723

Location Insight

City

Santa Cruz

County

Santa Cruz

State

California

Latitude

36.9752

Longitude

-122.033

CBSA code

42100

CBSA name

SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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