Property profile

2100 Del Monte Ave Monterey, CA 93940

OFF-MARKET
Other automotive properties
Property ID
US09-2686168
1,596 SF 0.31 ac lot Built 2013
Individually Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 2,994-square-foot automotive repair building is located on a major thoroughfare between Monterey and Seaside, on the corner of Casa Verde Way and Del Monte Ave, approximately two-tenths of a mile from Highway 1 on/off ramps. The property is zoned C3 for automotive repair and service and also allows retail sales; vehicle and equipment sales, services, and rentals; automobile rentals; automobile washing; service stations; and vehicle storage. Refurbishment was completed in 2012 and the site includes five roll-up doors with 12 dedicated parking spaces on an asphalt parking surface that is described as newer. The older portion of the building provides two service bays accessed by 10’ x 10’ metal overhead doors, a 374 SF office area, an ADA restroom, and four skylights over the service area. The newer portion includes three additional bays with 10’ x 10’ doors, a staff restroom, and an air compressor and tool storage area. Two of the five bays are equipped with above-ground Rotary Lifts rated at 9,000 lbs and 12,000 lbs, and each bay includes radiant floor heating and compressed air hook-ups. A Phase I environmental survey completed in 2021 recommends no further action.

Property profile

Verified
Property type Other automotive properties
Use group VEHICLE SALES, RENTALS
Year built 2013
Construction WOOD
Total area 1,596 SF
Lot 0.31 ac (13,617 SF)
APN 013-022-024-000
UPID US09-2686168

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2100 Del Monte Ave Monterey, CA 93940-3712
Monterey metro Census 13300 SALINAS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.63M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.61M

Owner & transaction history

since 2022
Last sale
$1.8M
4 recorded transactions
2022
$1.8M
2022
Price N/A
1999
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2100 Del Monte Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message