Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    San Vicente Ro Soledad, CA

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,465,000

    Corner lot with utilities access and highway proximity.

    Lot size:
    2.24 Acres

    Property Features for San Vicente Ro

    General Information

    Lot size
    2.24 Acres

    We can help!

    Listing Contact
    Michael Bassetti
    Michael Bassetti
    Source: Moodyscre

    Listing Agent: Michael Bassetti

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

    Learn more

    Overview

    Commercial Land in Soledad, CA

    The subject property is located on the corner of Gabilan Drive and San Vicente Road in Soledad, CA. It is one of the last large Commercial Zoned lots in the City of Soledad. The property has access to city water, sewer, and connections to PG&E at the street. Access to Highway 101, both north and south, is less than a minute away, providing short drive times to Salinas and South Monterey County.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Soledad
    County
    Monterey
    State
    California
    Longitude
    -121.337
    Latitude
    36.4186

    Nearby Similar for Sale

    • $739,500
      4,336 SF

      Versatile Commercial Building in Soledad

      Commercial building with office suites, shop, and retail space.
      136 Dixi St, Soledad, CA 93960
      View Details
    • $9,484,999
      21,140 SF

      New Tractor Supply Co.

      New construction Tractor Supply Co. in Soledad, CA for sale.
      Nestles Rd, Soledad, CA 93960
      View Details
    • $2,500,000

      Arroyo Seco Vineyard Opportunity

      95-acre vineyard in Arroyo Seco AVA with established vines.
      Los Coches Rd, Soledad, CA 93960
      View Details
    • $1,188,800

      479-Acre Ranch Near National Park

      Ranch property near Pinnacles National Park with ranching and recreation potential.
      146 Hwy, Soledad, CA 93960
      View Details
    • $4,800,000
      3,000 SF

      VetnCare Sale-Leaseback Portfolio

      Four retail and medical properties in California available for sale.
      311 Nestles Rd, Soledad, CA 93960
      View Details
    • $2,499,000

      Soledad Agricultural Property For Sale

      Agricultural property available for purchase in Soledad, California.
      30625 Stonewall Cyn Rd, Soledad, CA 93960
      View Details
    • $8,000,000
      33,640 SF

      Soledad Commercial Land - Prime Development

      19.61 Acres, 33,640 sqft, High-Traffic Location
      701 Nestles Rd, Soledad, CA 93960
      View Details
    • Contact for pricing
      0.08 Acres

      955 St, Soledad, CA 93960

      Mixed-use properties • 0.08 Acres
      955 St, Soledad, CA 93960
      View Details

    FAQs

    What type of property is this?
    Land - Corner lot with utilities access and highway proximity.
    Where is this land located?
    The property is located at San Vicente Ro Soledad, CA.
    What is the asking price?
    The asking price for this property is $1,465,000.
    What are key features of this property?
    This property features: - One of the last large Commercial Zoned lots in the City of Soledad; - Less than a minute access to Highway 101 (north and south); - Access to city water and sewer
    (831) 449-8000
    Request Owner's contact information
    San Vicente Ro Soledad, CA
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    San Vicente Ro
    Soledad, CA
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    San Vicente Ro Soledad, CA
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Michael Bassetti
    Michael Bassetti
    (831) 449-8000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.