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Property profile & analytics
OFF-MARKET
Office buildings

26535 Carmel Rancho Blvd Carmel, CA 93923-8749

1,024 SF Built 1977
Individually Owned 25-yr Hold Free & Clear
Property ID
US09-2852368
Property summary
AI-generated overview

This Class A, two-story medical office building in Carmel-by-the-Sea, California, offers two available suites totaling 2,900 square feet within a 15,000 square foot building. Located at 26535 Carmel Rancho Blvd (near Rio Rd), the suites feature 10-foot ceilings and range from 1,240 to 1,614 contiguous square feet, with a minimum divisible space of 1,240 square feet. Previously used as medical/dental/orthopedic space, the suites are finished with reception areas, private offices, in-suite restrooms, a lab room, a work bay, and a large open area. The property is zoned for Commercial Medical use and benefits from a large off-street parking lot. The building enjoys a desirable location near the Barnyard and Crossroads Shopping Centers, surrounded by a variety of medical and professional offices, including dentists, fitness centers, insurance agencies, salons, spas, chiropractors, and skincare businesses. Tenant improvements may be negotiated. The lease is a NNN lease with a base rent of $1.50 per square foot and an additional $0.50 per square foot for NNN expenses. The property is in Monterey County, CA, zip code 93923.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1977
Construction WOOD
Total area 1,024 SF
APN 015-012-032-000
UPID US09-2852368
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kris Sottosanti, D.D.S. Dental Office
  • Salon Aubergine Hair Salon
  • Kennas Spa Hair Salon Nail Salon
  • Dr. Roy L. Thomas, DDS Dental Office
  • Kaelyn at Salon Aubergine Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sierra Manor · 25 yrs held
Sierra Manor
since 2000
3 recorded transactions
2000
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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