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    13,000 SF Industrial Building For Sale Title is generated by Realmo AI

    1061 Terven Ave, Salinas, CA

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    13,000 SF industrial building with secure parking in Salinas.

    Type:INDUSTRIAL
    Property size:
    13,000 SF
    Lot size:
    1.13 Acres
    Price / SF:
    $207/SF
    Added:
    Mar 11, 2025
    Days on Market:
    461
    Last Refresh:
    May 19 at 10:21 pm

    Property Features for 1061 Terven Ave

    General Information

    Standard status
    Active
    Size
    13,000 SF
    Lot size
    1.13 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Greg Findley
    Greg Findley

    Listing agent Greg Findley

    Listing office Cushman & Wakefield | Salinas

    Listing date Mar 11, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Salinas

    HighLights

    • 13,000 SF Building on ±48,787 SF of Land
    • Zoning: IG (“General Industrial”)
    • Power: 200V - 3 phase – 400 amps
    • Clear Height: 16’ Minimum
    • Features three (3) Roll‑up Doors
    • Secure Off‑Street Parking

    Overview

    This 13,000 SF building is situated on approximately 48,787 SF of land. The structure features metal Butler buildings and a minimum clear height of 16 feet. The property includes an approximate 1,000 SF office area and two bathrooms. It is equipped with three roll-up doors and 200V - 3 phase – 400 amps power. The site provides secure off-street parking. The zoning is IG (“General Industrial”). The property shares ingress/egress with 1057 Terven.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $171.6k $13.20
    − Vacancy −$10.3k −$0.79
    EGI $161.3k $12.41
    − OpEx −$24.2k −$1.86
    NOI $137.1k $10.55
    13,000 SF · lease $13.20/SF/yr · vacancy 6.00% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.96M
    $1.71M – $2.29M (±1% cap)
    NOI $137,108 @ 7.0% cap · market cap 5.09%
    Second Best
    Industrial
    $1.74M
    $1.53M – $2.04M (±1% cap)
    NOI $122,129 @ 7.0% cap · market cap 4.53%
    Theoretical Best
    Office A
    $4.09M
    $3.58M – $4.78M (±1% cap)
    NOI $286,541 @ 7.0% cap · market cap 10.63%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Salinas Fabrication Shop ... Metal Fabrication Plant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • Express Cooling Co — 1225 Abbott St, Salinas, CA 93901
    • American Growers Cooling Co — 1225 Abbott St, Salinas, CA 93901
    • Central Coast Cooling llc — 1107 Merrill St, Salinas, CA 93901
    • Trojan Storage of Salinas Blanco — 940 E Blanco Rd, Salinas, CA 93901
    • Tavares Packing & Loading — 1321 Burton Ave, Salinas, CA 93901

    Location Insight

    • Map
    • Local Demand
    City
    Salinas
    County
    Monterey
    State
    California
    Longitude
    -121.628
    Latitude
    36.6637

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      Salinas Industrial/Manufacturing Building For Sale

      13,000 SF industrial/manufacturing building available in Salinas, CA.
      1061 Terven Ave, Salinas, CA 93901
      View Details

    FAQs

    What type of property is this?
    Warehouse - 13,000 SF industrial building with secure parking in Salinas.
    Where is this warehouse located?
    The property is located at 1061 Terven Ave Salinas, CA.
    What is the asking price?
    The asking price for this property is $2,695,000.
    What are key features of this property?
    This property features: 13,000 SF Building on ±48,787 SF of Land; Zoning: IG (“General Industrial”); Power: 200V - 3 phase – 400 amps
    (831) 449-8000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Greg Findley
    Greg Findley
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