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    312 Abbott St Salinas, CA 93901

    Sponsored
    For Sale
    $5,295,000

    High-Demand, Leased Industrial Property

    Property size:
    21,738 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional investment opportunity presents a 21,738 square foot light industrial property situated on a 1.05-acre lot at 312 Abbott Street, Salinas, CA. Currently fully leased, this property boasts near-zero vacancy potential due to the significant shortage of comparable spaces in the Salinas and Monterey County area. The building houses a diverse tenant base, including auto repair and detailing businesses, and other light industrial operations. A permitted automotive paint booth is also on-site, adding to the property's versatility and appeal. Unit sizes range from approximately 1,500 square feet to approximately 4,500 square feet, catering to a variety of business needs. Convenient amenities include ample on-site parking with approximately 47 spaces and shared restrooms. The strong tenant demand, driven by the limited availability of similar properties in the region, ensures a stable and potentially high-yielding investment for the future owner. This property represents a rare chance to acquire a well-leased, high-demand commercial asset in a thriving market. The asking price is $5,295,000.

    Property Features for 312 Abbott St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    21,738 SF
    Lot Size
    45,738 SF

    Building Details

    Year Built
    1982
    Property Profile Location Intelligence

    Current Use by Public Records

    EXCLUSIVE TINTING Window Tinting Service Gregory's Imports Autobody Auto Body Shop Progressive Auto Repair Auto Repair Shop Innovative Street Lights Auto Parts Store Econo Cabinets Cabinet Maker

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salinas
    County
    Monterey
    State
    California
    Longitude
    -121.6455
    Latitude
    36.66722

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    FAQs

    What type of property is this?
    Commercial real estate - High-Demand, Leased Industrial Property
    Where is this commercial real estate located?
    The property is located at 312 Abbott St Salinas, CA.
    What is the asking price?
    The asking price for this property is $5,295,000.
    (831) 646-1919
    Request Owner's contact information
    312 Abbott 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
    312 Abbott St Salinas, CA 93901
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