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    591 Lighthouse Ave Monterey, CA 93940

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    For Sale
    $2,200,000

    Three parcels available for sale in Monterey, California.

    Lot size:
    0.41 Acres

    Property Features for 591 Lighthouse Ave

    General Information

    Lot size
    0.41 Acres

    Building Details

    Year built
    1966

    Source: Baird Partnership, Inc. Agent Patrick Stafford

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

    Overview

    Monterey Commercial Property For Sale

    Available for sale for the first time in over 25 years is a commercial property located at 585 - 599 Lighthouse Ave and 584 Hawthorne in Monterey, CA. The listing includes three parcels. Two of the parcels have buildings on Lighthouse Ave, and the third parcel is a parking lot that extends back to Hawthorne.
    Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Monterey
    County
    Monterey
    State
    California
    Longitude
    -121.9017328
    Latitude
    36.6132344

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    FAQs

    What type of property is this?
    Parking lot & garage - Three parcels available for sale in Monterey, California.
    Where is this parking lot & garage located?
    The property is located at 591 Lighthouse Ave Monterey, CA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - Three parcels included in sale; - Two buildings on Lighthouse Ave; - Available for sale for the first time in over 25 years
    (831) 238-3592
    Request Owner's contact information
    591 Lighthouse 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
    591 Lighthouse Ave Monterey, CA 93940
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