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    10 Ct Unit 1A Monterey, CA 93940

    For Sale
    Contact for pricing

    Class A Office/Medical Space - 33,132 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    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 Features for 10 Ct Unit 1A

    General Information

    Property type
    Mixed-use properties
    Lot Size
    8,712 SF

    Building Details

    Year Built
    2004
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Monterey
    County
    Monterey
    State
    California
    Longitude
    -121.889
    Latitude
    36.59911

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    FAQs

    What type of property is this?
    Mixed-use property - Class A Office/Medical Space - 33,132 SF
    Where is this mixed-use property located?
    The property is located at 10 Ct Unit 1A Monterey, CA.
    What is the asking price?
    The asking price for this property is $500.
    (831) 206-7832
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    10 Ct Unit 1A Monterey, CA 93940
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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
    10 Ct Unit 1A Monterey, CA 93940
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