5523 Scotts Valley Dr - Office FOR SALE


Scotts Valley, CA 95066
$2,295,000 USD
831-247-0922
5523 Scotts Valley Dr, Scotts Valley, CA for Sale
$2,295,000 USD
Office - FOR SALE
1/16
null | 4.53% Cap Rate

5523 Scotts Valley Dr
Scotts Valley, CA 95066


HIGHLIGHTS

  • Heart of Scotts Valley Business District
  • 100% leased

OVERVIEW

Positioned just off Highway 17, this 7,665 sq ft office building offers a strong combination of steady income, flexibility, and long-term potential in one of Scotts Valleys most convenient commuting locations. Built in 1989 and well maintained, the property sits in the heart of the Scotts Valley business district with easy access to Silicon Valley, making it an attractive location for both local and over-the-hill tenants. The building is currently fully leased with 22 office suites on month-to-month agreements, generating approximately $13,265 per month in income. The short-term lease structure provides immediate cash flow while allowing a future owner the opportunity to adjust rents, reposition suites, or refine the tenant mix over time. In addition to the office suites, the property includes a ±2,000 sq ft mechanics garage, expanding the range of potential uses and tenant appeal. Twenty-two on-site parking spaces support daily operations, and owned solar helps offset operating expenses. A well-located Scotts Valley asset offering existing income today with flexibility for future growth in a consistently strong commercial corridor.

FOR SALE DETAILS

PRICE

$2,295,000 USD

PRICE/SF

$299 USD /SF

CAP RATE

4.53%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,771 SF

ZONING

CS

APN/PARCEL ID

022-022-12-000

ASK ABOUT THIS PROPERTY

Ben StrockStrock Real EstateMore Info
831-247-0922

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Ben StrockStrock Real EstateMore Info
831-247-0922

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.