311 E Alisal St, Salinas, CA
7,200 SF commercial building with showroom, warehouse, and yard.
- Added:
- Nov 7, 2024
- Days on Market:
- 588
- Last Refresh:
- May 20 at 9:23 pm
Property Features for 311 E Alisal St
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Lot size
- 0.31 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 311 E Alisal St Contact us
Listing agent Greg Findley
Listing office Cushman & Wakefield | Salinas (831) 449-8000
Listing date Nov 7, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Salinas
HighLights
- ±7,200 SF Concrete Tilt Building with Showroom, Office, and Warehouse Space
- Zoned CR (Commercial Retail)
- ±4,866 SF Fenced Rear Yard
- Asking Rent: $1.10 PSF, NNN, Monthly
- Features ±1,401 SF Showroom and Office Area & ±5,799 SF Warehouse and Storage
- Includes 1 Roll up Door (10’ X 12’)
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $155.5k | $21.60 |
| − Vacancy | −$8.7k | −$1.21 |
| EGI | $146.8k | $20.39 |
| − OpEx | −$44.0k | −$6.12 |
| NOI | $102.8k | $14.27 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Airport RV Storage — 430 Airport Blvd, Salinas, CA 93905
- Rosales Storage Facility Units — 1424 Wiren St, Salinas, CA 93905
Location Insight
- Map
- Local Demand
- City
- Salinas
- County
- Monterey
- State
- California
- Longitude
- -121.645
- Latitude
- 36.6751
