Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    915 Hilby Ave Seaside, CA 93955

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $4,100,000

    Multi-tenant office building, ample parking, high visibility.

    Property size:
    13,886 SF

    Property Features for 915 Hilby Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    13,886 SF
    Lot Size
    28,314 SF

    Building Details

    Year Built
    1975

    We can help!

    Listing Contact
    Joe Villanueva

    Listing Agency: Villa Nueva Properties Listing Agent: Joe Villanueva

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional commercial property, situated at 915 Hilby Avenue in Seaside, California, presents a compelling investment opportunity. The 13,886 square foot building, constructed in 1977, is a two-story wood-framed structure currently operating as a multi-tenant office complex. Its prime location at the intersection of Fremont Boulevard and Hilby Avenue ensures high visibility and accessibility. The property boasts a substantial 0.65-acre lot (28,343 square feet), providing ample parking for tenants and visitors. The building's design caters to a diverse range of professional tenants, creating a vibrant and established business hub within the Seaside community. Detailed financial information is available upon request. This is an excellent opportunity to acquire a well-established, centrally located commercial property in a thriving California coastal city. The building's size and prominent location make it an ideal investment for those seeking a stable, income-generating asset with significant growth potential. Interested parties are encouraged to contact the listing agent for further details and to schedule a viewing. The asking price is $4,100,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Amemiya Alan G ... Dental Office Sardina Jackie Dental Office Yang Yvonne DDS Dental Office Seaside Medical Marijuana ... Alternative Medicine Practice Maliheh Bakhshi Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Seaside
    County
    Monterey
    State
    California
    Longitude
    -121.8478
    Latitude
    36.60279

    Nearby Similar for Sale

    • $1,725,000
      4,625 SF

      Seaside Commercial Property for Sale

      Commercial property in Seaside, CA, featuring 4,625 square feet.
      1310 Broadway Ave, Seaside, CA 93955
      View Details
    • New
      $1,777,050
      5,180 SF

      Seaside Triplex with Modern Amenities

      Built in 2009, spacious units, ideal for income.
      1125 Olympia Ave, Seaside, CA 93955
      View Details
    • $3,500,000
      9,811 SF

      Seaside Automotive Retail Opportunity

      Six parcels with redevelopment potential in Seaside's Urban Village.
      1523-1533 Del Monte Blvd, Seaside, CA 93955
      View Details
    • $3,750,000
      15,695 SF

      Seaside Retail Space For Sale

      15,695 SF retail space in high-traffic location.
      1020 Auto Center Pkwy, Seaside, CA 93955
      View Details
    • Contact for pricing
      5,235 SF

      Seaside Retail Shopping Center Opportunity

      Retail building in a shopping center with vacant space.
      800 Broadway Ave, Seaside, CA 93955
      View Details
    • $2,850,000
      8,577 SF

      Seaside Mixed-Use Investment Opportunity

      Mixed-use building with commercial and residential units in Seaside, CA.
      1725 Fremont Blvd, Seaside, CA 93955
      View Details
    • $3,500,000
      9,811 SF

      Seaside Auto Shop Investment

      High-visibility, multi-tenant retail opportunity.
      1523 Del Monte Blvd, Seaside, CA 93955
      View Details
    • $2,850,000
      8,577 SF

      Seaside Mixed-Use Investment Opportunity

      High-yield commercial & residential property.
      1725 Fremont Blvd, Seaside, CA 93955
      View Details
    • $2,999,999

      Seaside Commercial Redevelopment Opportunity

      4.9-Acre Former Military Barracks, 42 Units
      4386 Parker Flt, Seaside, CA 93955
      View Details
    • $1,600,000
      2,646 SF

      Seaside Commercial Property: Huge Potential

      Six-unit building, large lot, renovation opportunity.
      1198 La Salle Ave, Seaside, CA 93955
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Multi-tenant office building, ample parking, high visibility.
    Where is this commercial real estate located?
    The property is located at 915 Hilby Ave Seaside, CA.
    What is the asking price?
    The asking price for this property is $4,100,000.
    (831) 206-7832
    Request Owner's contact information
    915 Hilby Ave Seaside, CA 93955
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    915 Hilby Ave
    Seaside, CA 93955
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    915 Hilby Ave Seaside, CA 93955
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Joe Villanueva
    Real Estate License ID: 01715260
    (831) 206-7832
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!