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    230 Martella St Salinas, CA 93901

    Sponsored
    For Sale
    $310,000

    0.25-acre lot, prime Salinas location. Ideal for various businesses.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.25-acre commercial lot, situated at 230 Martella Street in Salinas, California, presents a remarkable investment opportunity. Priced at $310,000, this property offers significant potential for a diverse range of commercial ventures. The expansive lot size provides ample space for development, catering to various business needs and scales. Its location within Salinas allows for easy access to key transportation routes and a thriving local market. The property is zoned to accommodate a variety of commercial uses, as per Salinas city regulations. This presents a unique chance to establish a new business or expand an existing one in a strategic and desirable location. The absence of existing structures allows for complete design flexibility, enabling the creation of a custom-built facility tailored to specific business requirements. Serious inquiries are encouraged to explore the possibilities this prime commercial lot offers. The property's versatility and prime location make it an attractive proposition for entrepreneurs and investors seeking a foothold in the dynamic Salinas commercial market. Further details regarding zoning and permitted uses are readily available upon request. Don't miss this opportunity to acquire a valuable piece of Salinas real estate.

    Property Features for 230 Martella St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    10,890 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salinas
    County
    Monterey
    State
    California
    Longitude
    -121.6545
    Latitude
    36.68222

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    FAQs

    What type of property is this?
    Commercial real estate - 0.25-acre lot, prime Salinas location. Ideal for various businesses.
    Where is this commercial real estate located?
    The property is located at 230 Martella St Salinas, CA.
    What is the asking price?
    The asking price for this property is $310,000.
    (877) 366-2213
    Request Owner's contact information
    230 Martella St Salinas, CA 93901
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    Salinas, CA 93901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    230 Martella St Salinas, CA 93901
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