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2628-2650 Soquel Dr - Silver Spur Assemblage 1.21 Acres of Commercial Land Offered at $7,096,197 CAD in Santa Cruz, CA 95065
Investment Highlights
- Fully assembled four-parcel site with over 52,000 SF of land area.
- Directly served by public transit along the Santa Cruz Metro corridor.
- Flexible zoning compatibility allows for senior housing, mixed-use, workforce housing, and medical uses.
- Prominent frontage on Soquel Drive at Mattison Lane with signalized access.
- Situated adjacent to major medical centers and regional employment hubs.
- Located outside the Coastal Zone, expediting entitlement processes relative to coastal properties.
Executive Summary
The Silver Spur Assemblage offers a rare opportunity to acquire a fully assembled multi-parcel infill development site in the heart of Santa Cruz County. Featuring over an acre of land along Soquel Drive, this property is positioned within one of the region’s most significant healthcare and employment corridors. Its location at a signalized intersection provides excellent accessibility, direct transit service via the Santa Cruz Metro corridor, and visibility along a major commercial thoroughfare.
The site spans four contiguous parcels and is surrounded by established infrastructure within the Urban Services Area. Its C-1 zoning and general plan designation support a range of high-demand development options, including senior living, workforce/affordable housing, multifamily residential, mixed-use configurations, and medical/outpatient facilities. This flexibility aligns with regional housing and healthcare growth trends, allowing for innovative and impactful development projects.
Notably, the property is located outside the Coastal Zone, reducing entitlement complexity compared to many competing sites in this supply-constrained market. Combined with proximity to Dominican Hospital, Sutter Health facilities, and nearby retail amenities, the Silver Spur Assemblage is uniquely positioned to meet the needs of a dynamic and expanding community.
The site spans four contiguous parcels and is surrounded by established infrastructure within the Urban Services Area. Its C-1 zoning and general plan designation support a range of high-demand development options, including senior living, workforce/affordable housing, multifamily residential, mixed-use configurations, and medical/outpatient facilities. This flexibility aligns with regional housing and healthcare growth trends, allowing for innovative and impactful development projects.
Notably, the property is located outside the Coastal Zone, reducing entitlement complexity compared to many competing sites in this supply-constrained market. Combined with proximity to Dominican Hospital, Sutter Health facilities, and nearby retail amenities, the Silver Spur Assemblage is uniquely positioned to meet the needs of a dynamic and expanding community.
Property Facts
1 Lot Available
Lot
| Price | $7,096,197 CAD | Lot Size | 1.21 AC |
| Price Per AC | $5,864,625.45 CAD |
| Price | $7,096,197 CAD |
| Price Per AC | $5,864,625.45 CAD |
| Lot Size | 1.21 AC |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
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2628-2650 Soquel Dr - Silver Spur Assemblage
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