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 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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