Property summary
This exceptional opportunity presents two medical office condos totaling 2,493 square feet, situated at 900 Cass Street in Monterey County, California. The property, identified by APN 001-606-001 and 001-606-002, offers a unique investment prospect. One suite (Suite 101), comprising 1,068 to 1,425 contiguous square feet, will be delivered vacant upon closing, providing immediate occupancy for a new business. The second suite (Suite 102) features upgraded Class A finishes and comes with an existing lease in place, generating immediate rental income. The minimum divisible space is 1,068 square feet, while the maximum contiguous space available is 1,425 square feet. This prime location within Monterey's Cass Street medical district offers excellent visibility and accessibility, placing it in close proximity to downtown Monterey. The combined units present a rare opportunity to own a thriving medical practice space while simultaneously benefiting from passive rental income. The building's high-quality finishes and desirable location make this an attractive investment for both owner-occupiers and investors seeking a strong return. The property is currently entirely vacant, allowing for immediate customization and occupancy.
Property profile
VerifiedCap rate & NOI
Current use
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Hospital
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Physician
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Ophthalmologist
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Physician Medical Clinic
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Medical Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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