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    743 La Guardia St Salinas, CA 93905

    Sponsored
    For Sale
    $4,625,000

    Rare Salinas industrial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional offering presents a unique opportunity to acquire two contiguous parcels totaling 4.8 acres (209,916 sq ft) of flat industrial land in Salinas, California. Located within the Airport Business Park, this prime real estate boasts convenient access to Highway 101 and the Salinas Municipal Airport, ensuring optimal logistics and connectivity. The property is zoned IBP (Industrial Business Park), allowing for a wide range of potential uses. Each parcel is individually available for $2,312,500, or both can be purchased together for $4,625,000, representing an exceptional value of $22 per square foot. The lots feature rectangular configurations, maximizing usable space and eliminating any land loss due to irregular shapes. Existing infrastructure includes readily available sidewalks, sewer, and other essential utilities, streamlining the development process. The property's location in Monterey County, with a Salinas, CA 93905 zip code, offers a strategic advantage for businesses seeking a well-connected and established industrial location. Prospective buyers are encouraged to verify permitted uses with the City of Salinas Planning Department to ensure compatibility with their intended project. This is a rare opportunity to secure a substantial and versatile industrial land holding in a thriving market. Don't miss this chance to acquire a valuable asset with significant development potential.

    Property Features for 743 La Guardia St

    General Information

    Property type
    Land

    HighLights

    • Rarely available 4.8‑acre industrial land parcel in Salinas, divisible into two 2.4‑acre parcels.
    • Rectangular parcel with existing infrastructure including sidewalks, sewer, and utilities.
    • Efficient rectangular shape maximizes usable land.
    • Available for purchase as a single 4.8‑acre parcel or two separate 2.4‑acre parcels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Food Market Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Salinas
    County
    Monterey
    State
    California
    Longitude
    -121.608522
    Latitude
    36.658427

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    FAQs

    What type of property is this?
    Land - Rare Salinas industrial land, ideal for development.
    Where is this land located?
    The property is located at 743 La Guardia St Salinas, CA.
    What is the asking price?
    The asking price for this property is $4,625,000.
    What are key features of this property?
    This property features: Rarely available 4.8-acre industrial land parcel in Salinas, divisible into two 2.4-acre parcels.; Rectangular parcel with existing infrastructure including sidewalks, sewer, and utilities.; Efficient rectangular shape maximizes usable land.
    Request Owner's contact information
    743 La Guardia St Salinas, CA 93905
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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
    743 La Guardia St Salinas, CA 93905
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