Four-Office Suite in Professional
New
For Sale
$235,000
11 Maple Street, Salinas, CA 93901
CommercialSale, Salinas, CA
Property Size880 SF
Lot Size0.32 Acres
Price / SF$267.05
Days on Market2
Property Features for 11 Maple Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CO/R
Subdivision
MaplePark
Standard status
Active
APN
002-395-020-000
Size
880 SF
Lot size
0.32 Acres
Additional Details
Property Use
Office
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1947
Roof type
Composition
Listing Agency:
Compass
(831) 318-0150
Listed By:
Chantel Henson · License #01271580
(831) 809-4100
Added: Nov 5
Last Checked: Nov 6 at 5:06AM
MLS# ML82066696
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Suite G contains four private offices, one bathroom and two additional areas that can accommodate storage, files, a copier or other business needs. The suite represents a 12.5% interest in a professional office complex, with the offices available to lease for rental income.
The complex is close to downtown Salinas. The property is zoned CO/R, and water and sewer service are public.
The complex is close to downtown Salinas. The property is zoned CO/R, and water and sewer service are public.
Key Highlights
- 880 square feet in Suite G
- Four private offices, one bathroom and two additional areas
- 12.5% interest in a professional office complex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,591
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,820
$271.8K
Cap Rate 7%
$194,157
$194.2K
Cap Rate 9%
$151,011
$151.0K
Market Conditions
NOI Build-Up for 880 SF
Gross rent
$23.2K $26.40/SF
− Vacancy
−$5.1K −$5.81/SF
EGI
$18.1K $20.59/SF
− OpEx
−$4.5K −$5.15/SF
NOI
$13.6K $15.44/SF
Area
Salinas, CA
Vacancy
22.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,820
Cap Rate 7%
$194,157
Cap Rate 9%
$151,011
Alternative Uses
Best Use
Office B
$194.2K
$169.9K – $226.5K
NOI $13,591 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$277.1K
$242.5K – $323.3K
NOI $19,397 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,594
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - An 880-square-foot office suite includes private workrooms, a restroom and two auxiliary areas.
Where is this office unit located?
The property is located at 11 Maple Street Salinas, CA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 880 square feet in Suite G; Four private offices, one bathroom and two additional areas; 12.5% interest in a professional office complex
