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    Salinas, CA
    Flex Space

    Salinas, CA Flex Space for Sale

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    Updated: Jun 25
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    221 GRIFFIN ST, Salinas, CA 93901

    $1,025,000
    2,394 sqft
    2,394 SF ground‑floor layout with high ceilings
    725 SF mezzanine for additional storage
    14‑foot‑high roll‑up door
    Private, secured parking area
    IGC zoning supports retail, wholesale, services, and automotive repair
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    This listing looks promising.

    Here's a quick look at some key insights for

    221 GRIFFIN ST, SALINAS, CA 93901

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    • Est. Cap Rate

      3.3%
      NOI ÷ price

    • Est. NOI

      $34K
      Annual

    • Price @ 7% Cap

      $488K
      Suggested

    • Last Sold

      Sep 2010
      $276K

    • Property Type

      Manufacturing (Light)
      Built 1988
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Salinas, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Flex Warehouse Condominium
    Flex Warehouse Condominium

    837 Industrial #2, Hollister, CA 95023

    $269,000
    1,000 sqft

    10-unit commercial condominium features an open warehouse/work area with a private office, restroom, and upstairs office space.

    View details
    Flex Office with Roll-Up Door
    Flex Office with Roll-Up Door

    447 Figueroa St, Monterey, CA 93940

    Contact for pricing
    1,980 sqft

    Suite includes private offices, an open work area, skylights, and a roll-up door for flexible loading or workspace use.

    View details
    Monterey Commercial Corridor Opportunity
    Monterey Commercial Corridor Opportunity

    539 Ramona Ave, Monterey, CA

    Contact for pricing
    16,563 sqft 0.68 AC lot

    Partially occupied commercial property in Monterey's commercial corridor.

    View details
    Flex Warehouse Condo Unit
    Flex Warehouse Condo Unit

    837 Industrial DR 2, Hollister, CA 95023

    $269,000

    10-unit commercial condominium features an open warehouse/work area, office space, and a 12-foot roll-up door.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land in Madera
    Prime Commercial Land in Madera

    116 W Olive, Madera, CA 93637

    $675,000
    0.53 AC lot

    23,000 SF commercial parcels on high-visibility Olive Ave.

    View details
    Sanger Industrial Development Land
    Sanger Industrial Development Land

    1155 Academy Avenue, Sanger, CA 93657

    $1,025,000
    5.78 AC lot

    5.78 acres of industrial land in Sanger, California.

    View details
    ME-Zoned Industrial Land Parcel
    ME-Zoned Industrial Land Parcel

    Reno, NV 89502

    $892,500
    1.03 AC lot

    ME-zoned industrial parcel with an optional 1973 manufactured home, outbuildings, and private well and septic.

    View details
    Industrial Land
    Industrial Land

    Sierra Hwy/P8 Avenue, Palmdale, CA 93550

    $359,990
    2.13 AC lot

    Industrial land zoned PDM1 with all utilities in the street, positioned near Palmdale’s transportation center.

    View details

    Salinas, CA Flex Space Market Trends and Statistics

    Explore 1 flex space for sale in Salinas, CA on our real estate platform. These investment opportunities span a total of 2,394 square feet of properties for sale, with an estimated market value of $1,025,000.

    Sale prices for business spaces in Salinas, CA average $1,025,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 5
    Manufacturing properties 5
    Distribution centers 2

    Demographics Overview

    Population 196K
    Population Growth (5Y) +5.0%
    Median Household Income $93,977
    College Educated 27.4%

    Taxes & Financing

    Tax Rate (average for all types) 1.08%
    Property Tax per SF $25.66 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monterey County

    New Delisted

    Total CRE Inventory on Market (SF)

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