Salinas Industrial/Manufacturing Building For
For Sale
$2,350,000
1061 Terven Ave, Salinas, CA 93901
13,000 SF industrial/manufacturing building available in Salinas, CA.
Property Size13,000 SF
Price / SF$180.77
Days on Market202
Property Features for 1061 Terven Ave
General Information
Standard status
Active
Size
13,000 SF
Property subtype
10/15/2026
Building Details
Building Size
13,000 SF
Year Built
2026
Properties For Sale
at 1061 Terven Ave
Available Space
Size
13,000 SF
Lease Type
For Sale Only
Listing Agency:
Cushman & Wakefield | Salinas
Listed By:
Greg Findley · License #01170453
(831) 755-1639
Source:
Cushmanwakefield
Added: Apr 3
Changed: Oct 16
Last Checked: Oct 20 at 5:20PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial real estate offering features a 13,000 square foot industrial/manufacturing building. The property is located in Salinas, California.
Key Highlights
- 13,000 SF industrial/manufacturing building available.
- Located in Salinas, CA.
- Year Built: 2026.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,129
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,442,580
$2.4M
Cap Rate 7%
$1,744,700
$1.7M
Cap Rate 9%
$1,356,989
$1.4M
Market Conditions
NOI Build-Up for 13,000 SF
Gross rent
$187.2K $14.40/SF
− Vacancy
−$12.7K −$0.98/SF
EGI
$174.5K $13.42/SF
− OpEx
−$52.3K −$4.03/SF
NOI
$122.1K $9.39/SF
Area
Salinas, CA
Vacancy
6.80%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,442,580
Cap Rate 7%
$1,744,700
Cap Rate 9%
$1,356,989
Alternative Uses
Best Use
Industrial
$1.74M
$1.53M – $2.04M
NOI $122,129 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.09M
$3.58M – $4.78M
NOI $286,541 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
Explore this area
Business Placement
Demographics for 93901, CA
29,700
Population
11,328
Households
2.6
Avg Household Size
37
Median Age
29%
College-Educated
81%
High-School Grad
9.6 sq mi
ZIP Area
3,094
Density / Sq Mi
$91,639
Median Household Income
$47,620
Median Earnings
$1,792
Median Rent
$721,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - 13,000 SF industrial/manufacturing building available in Salinas, CA.
Where is this manufacturing property located?
The property is located at 1061 Terven Ave Salinas, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 13,000 SF industrial/manufacturing building available.; Located in Salinas, CA.; Year Built: 2026.
