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    539 Ramona Ave Monterey, CA 93940

    For Sale
    $3,700,000

    Partially occupied commercial property in Monterey's commercial corridor.

    Property size:
    16,563 SF
    Lot size:
    0.68 Acres

    Property Features for 539 Ramona Ave

    General Information

    Size
    16,563 SF
    Lot size
    0.68 Acres

    Source: Mahoney & Associates Commercial Real Estate Agent David Baird

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

    Overview

    Monterey Commercial Corridor Opportunity

    Located in the heart of Monterey’s commercial corridor, 527-539 Ramona Avenue presents an opportunity for investors and owner-users. The property is partially occupied, providing immediate income with the flexibility to occupy or lease the remaining space. Situated within the North Fremont Specific Plan area, the zoning accommodates a range of commercial uses, including retail, office, and service-oriented businesses. The site benefits from exposure off North Fremont Street, which experiences an average daily traffic flow of over 28,000 vehicles. The property is positioned for long-term value and strategic growth due to its proximity to Highway 1, national retailers, and ample on-site parking. The property size is 16563 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dawg Gone It Kennel

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Monterey
    County
    Monterey
    State
    California
    Longitude
    -121.8562613
    Latitude
    36.5983588

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    FAQs

    What type of property is this?
    Flex space - Partially occupied commercial property in Monterey's commercial corridor.
    Where is this flex space located?
    The property is located at 539 Ramona Ave Monterey, CA.
    What is the asking price?
    The asking price for this property is $3,700,000.
    What are key features of this property?
    This property features: - Rare opportunity for investors and/or owner-users in the heart of Monterey’s commercial corridor.; - Partially occupied, offering immediate income with flexibility to occupy or lease remaining space.; - Located within the North Fremont Specific Plan area, allowing for a wide range of commercial uses.
    (831) 646-1919
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    539 Ramona Ave Monterey, CA 93940
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    Monterey, CA 93940
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    539 Ramona Ave Monterey, CA 93940
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