Carmel Rancho Office Building

3785 Via Nona Marie, Carmel, CA

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For Sale

Contact for pricing

33,966 SF office building in Carmel Rancho Commercial District.

Type:OFFICE

Property size:

33,966 SF

Lot size:

1.30 Acres

Price / SF:

$197/SF

Contact for Pricing

Please call us for current price
and status of this listing

Josh Jones

Real Estate License ID: CA 01352818

HighLights

Prime Carmel Rancho location in Carmel's largest business office district.
Below replacement cost at $197 PSF.
Value‑add opportunity with upside in rents, value, and cash flow.
Well‑designed building with great curb appeal.
Located near prominent tenants such as UBS, Charles Schwab, Wells Fargo Private Client Services, Merrill Lynch, Sotheby’s, Coldwell Banker.
±33,966 SF three‑story office building.

For Sale

Contact for pricing

33,966 SF office building in Carmel Rancho Commercial District.

Type:OFFICE

Property size:

33,966 SF

Lot size:

1.30 Acres

Price / SF:

$197/SF

Added:: Jul 4, 2024
Days on Market:: 708
Last Refresh:: May 20 at 8:37 pm

Property Features for 3785 Via Nona Marie

General Information

Standard status: Active
Size: 33,966 SF
Lot size: 1.30 Acres
Property subtype: OFFICE

Properties For Sale

at 3785 Via Nona Marie Contact us

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Listing Contact

Josh Jones

Listing agent Josh Jones License #CA 01352818

Listing office Mahoney & Associates Commercial Real Estate

Listing date Jul 4, 2024

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All listing content including descriptions, pricing, images are the copyrighted material of Mahoney & Associates Commercial Real Estate

HighLights

Prime Carmel Rancho location in Carmel's largest business office district.
Below replacement cost at $197 PSF.
Value‑add opportunity with upside in rents, value, and cash flow.
Well‑designed building with great curb appeal.
Located near prominent tenants such as UBS, Charles Schwab, Wells Fargo Private Client Services, Merrill Lynch, Sotheby’s, Coldwell Banker.
±33,966 SF three‑story office building.

Overview

Located in the heart of the Carmel Rancho Commercial District, this offering presents the opportunity to acquire an office building. The three-story building encompasses approximately 33,966 square feet. Situated in a sought-after Carmel location, the property is positioned within Carmel's largest business office district, with neighboring tenants including UBS, Charles Schwab, Wells Fargo Private Client Services, Merrill Lynch, Sotheby’s, and Coldwell Banker. This presents a rare opportunity for an investor.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$815.2k	$24.00
− Vacancy	−$179.3k	−$5.28
EGI	$635.8k	$18.72
− OpEx	−$159.0k	−$4.68
NOI	$476.9k	$14.04

33,966 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$6.81M

$5.96M – $7.95M (±1% cap)

NOI $476,883 @ 7.0% cap · market cap 7.12%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$12.97M

$11.35M – $15.13M (±1% cap)

NOI $907,850 @ 7.0% cap · market cap 13.55%

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

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: Carmel
County: Monterey
State: California
Longitude: -121.906
Latitude: 36.5392

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For sale
Office buildings
CA
Carmel
3785 Via Nona Marie

What type of property is this?

Office building - 33,966 SF office building in Carmel Rancho Commercial District.

Where is this office building located?

The property is located at 3785 Via Nona Marie Carmel, CA.

What is the asking price?

The asking price for this property is $6,700,000.

What are key features of this property?

This property features: Prime Carmel Rancho location in Carmel's largest business office district.; Below replacement cost at $197 PSF.; Value‑add opportunity with upside in rents, value, and cash flow.

3785 Via Nona Marie, Carmel, CA

33,966 SF office building in Carmel Rancho Commercial District.

Property Features for 3785 Via Nona Marie

General Information

Properties For Sale

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Iconic Highway 1 Retail Opportunity

Carmel Retail Ground Lease Opportunity

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