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Salinas Industrial/Manufacturing Building For Sale

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
Listed by Greg Findley
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 (±1% cap)
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 (±1% cap)
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

Suggested Use

Real Estate Agency Law Firm Gym & Fitness Center Kitchen & Bath Showroom HVAC Service Pharmacy Cafe & Coffee Shop Barber Shop Furniture & Home Goods Computer & Electronic Repair

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

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.
Contact an agent
More about this property
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