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    Carmel Rancho Office Building Title is generated by Realmo AI

    3785 Via Nona Marie, Carmel, CA

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    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
    Josh Jones

    Listing agent Josh Jones License #CA 01352818

    Listing office Mahoney & Associates Commercial Real Estate

    Listing date Jul 4, 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 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
    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 $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

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Building Supply Nail Salon Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Monterey
    State
    California
    Longitude
    -121.906
    Latitude
    36.5392

    FAQs

    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.
    (831) 646-1919 Call to check price and availability
    More about this property
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