Salinas Industrial/Manufacturing Building For
1061 Terven Ave Salinas, CA 93901
1061 Terven Ave, Salinas, CA, 93901
$2,695,000
For Sale
$2,695,000
13,000 SF industrial/manufacturing building available in Salinas, CA.
Property Size13,000 SF
Price / SF$207.31
Days on Market110
Property Features for 1061 Terven Ave
General Information
- Standard status
- Active
- Size
- 13,000 SF
- Property subtype
- Manufacturing
Building Details
- Year Built
- 2026
Properties For Sale
at 1061 Terven Ave Contact us
Listing agency
Cushman & Wakefield | Salinas
(831) 755-1639
Listed by
Greg Findley
(831) 755-1639
Source
Cushmanwakefield
Added: Apr 3 Updated: Jul 10 at 1:13PM Checked: Jul 21 at 3:15AM
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
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.
Local Financial Insights For Industrial
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 | $187.2k | $14.40 |
| − Vacancy | −$12.7k | −$0.98 |
| EGI | $174.5k | $13.42 |
| − OpEx | −$52.3k | −$4.03 |
| NOI | $122.1k | $9.39 |
13,000 SF · lease $14.40/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.74M
$1.53M – $2.04M
NOI $122,129 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.09M
$3.58M – $4.78M
NOI $286,541 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Salinas Fabrication Shop ...
Metal Fabrication Plant
Similar For Sale Nearby
FAQs
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 $2,695,000.
What are key features of this property?
This property features: 13,000 SF industrial/manufacturing building available.; Located in Salinas, CA.; Year Built: 2026.