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Property profile

10 Ct Unit 1A Monterey, CA 93940

OFF-MARKET
Mixed-use properties
0.2 ac lot Built 2004
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 10 Court Unit 1A in Monterey, California, offers 33,132 square feet of prime Class A office space ideally suited for medical or general office use. Situated on a 0.2-acre lot within the prestigious Ryan Ranch Business Park, this property boasts a strategic location with convenient access to major thoroughfares like Upper Ragsdale Drive, Highway 68, and Highway 1. The building features twelve exam rooms, multiple private offices, x-ray rooms, and five restrooms, making it perfect for a variety of medical practices or office configurations. Ample parking is available with 69 spaces, including 45 surface and 24 underground spots. The property's proximity to the Community Hospital of Monterey Peninsula (7.0 miles away) further enhances its appeal within a thriving business park known for its high concentration of key employers and service providers, many of whom are in the medical field. The property is priced at $500,000. Further details and pricing are available upon request. The city of Monterey, located on the southern edge of Monterey Bay, had an estimated population of 28,289 in 2018, with a density of 3,280 people per square mile.

Property profile

Verified
Property type Mixed-use properties
Year built 2004
Lot 0.2 ac (8,712 SF)

Cap rate & NOI

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

Location

10 Ct Unit 1A Monterey, CA 93940
Monterey metro
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Value estimations

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Owner & transaction history

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
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