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    451-465 Cyn Del Rey Blvd Monterey, CA

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    For Lease
    $8,565,000

    Retail property with direct highway access and regional draw.

    Property size:
    2,188 SF
    Lot size:
    2.94 Acres

    Property Features for 451-465 Cyn Del Rey Blvd

    General Information

    Size
    2,188 SF
    Lot size
    2.94 Acres

    Source: Lockehouse Retail Group Agent Kurt Grundman

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

    Overview

    Retail Space Near Highway 1

    This retail space offers direct access to Highway 1 and the Monterey Peninsula. The property benefits from a regional draw and is situated on the main thoroughfare connecting Monterey, Salinas, and Carmel. It is located in close proximity to Ryan Ranch Business Park and Monterey Airport. The property has a size of 2188 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Monterey
    County
    Monterey
    State
    California
    Longitude
    -121.8946761
    Latitude
    36.6002378

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    FAQs

    What type of property is this?
    Retail space - Retail property with direct highway access and regional draw.
    Where is this retail space located?
    The property is located at 451-465 Cyn Del Rey Blvd Monterey, CA.
    What are key features of this property?
    This property features: - Direct access to Highway 1 & Monterey Peninsula; - Located on the main thoroughfare connecting Monterey, Salinas & Carmel; - Regional draw
    (650) 692-3400
    Request Owner's contact information
    451-465 Cyn Del Rey Blvd Monterey, CA
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    Monterey, CA
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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
    451-465 Cyn Del Rey Blvd Monterey, CA
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