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    10031 Reese Cir Salinas, CA 93907

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    For Sale
    $3,944,457

    Centrally located retail property with robust tenant sales.

    Property size:
    7,200 SF
    Lot size:
    1.04 Acres

    Property Features for 10031 Reese Cir

    General Information

    Size
    7,200 SF
    Lot size
    1.04 Acres

    Source: Colliers | San Francisco Agent Peter Mikacich

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

    Overview

    Retail Property in Monterey County

    This retail property is centrally located in Monterey County near major trade markets. The building and existing FF&E are in good condition. Monthly sales are approximately $240,000 with around 100 customers per day. The property size is 7,200 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    One Plant Dispensary ... Cannabis Store bud.com Delivery Santa ... Cannabis Store

    Suggested Use

    Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Pharmacy Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Salinas
    County
    Monterey
    State
    California
    Longitude
    -121.6678159
    Latitude
    36.7725118

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    FAQs

    What type of property is this?
    Grocery and convenience store - Centrally located retail property with robust tenant sales.
    Where is this grocery and convenience store located?
    The property is located at 10031 Reese Cir Salinas, CA.
    What is the asking price?
    The asking price for this property is $3,944,457.
    What are key features of this property?
    This property features: - High monthly sales (approx. $240,000); - Robust tenant sales; - Centrally located in Monterey County near major-trade markets
    (415) 531-0092
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    10031 Reese Cir Salinas, CA 93907
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    Salinas, CA 93907
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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
    10031 Reese Cir Salinas, CA 93907
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