Medical Office Condo Corner
For Sale
Contact for pricing
A1-1326 Natividad Rd, Salinas, CA 93906
Corner unit medical office condo with an open layout and a private bathroom within the Valle Verde medical condominium.
Property Size992 SF
Price / SF$12.10
Days on Market651
Property Features for A1-1326 Natividad Rd
General Information
Standard status
Active
Size
992 SF
Taxes and HOA fees
Annual Taxes
$2,608
Listing Agency:
Agency One Real Estate
(831) 262-1955
Listed By:
Marsa Hansen · License #01065885
(831) 917-3335
Source:
Exprealty
Added: Jan 16, 2025
Changed: Oct 25
Last Checked: Oct 28 at 12:20PM
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 Agency One Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This medical office condo features an open floor plan with a bathroom and is configured as a corner unit. The suite offers street exposure within the Valle Verde Medical Condominium Association.
The property is located near Natividad Medical Center off Nativdad Road in Salinas, CA. The listing notes suitability for medical-related uses, including a medical dispensary or administrative office.
For sale or for lease, the suite is presented as a standalone office unit within a dedicated medical condominium setting.
The property is located near Natividad Medical Center off Nativdad Road in Salinas, CA. The listing notes suitability for medical-related uses, including a medical dispensary or administrative office.
For sale or for lease, the suite is presented as a standalone office unit within a dedicated medical condominium setting.
Key Highlights
- 992 SF corner unit medical office condo in Valle Verde Medical Condominium Association
- Open floor plan with a private bathroom within the suite
- Corner unit location offers street exposure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,320
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,400
$306.4K
Cap Rate 7%
$218,857
$218.9K
Cap Rate 9%
$170,222
$170.2K
Market Conditions
NOI Build-Up for 992 SF
Gross rent
$26.2K $26.40/SF
− Vacancy
−$5.8K −$5.81/SF
EGI
$20.4K $20.59/SF
− OpEx
−$5.1K −$5.15/SF
NOI
$15.3K $15.44/SF
Area
Salinas, CA
Vacancy
22.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,400
Cap Rate 7%
$218,857
Cap Rate 9%
$170,222
Alternative Uses
Best Use
Healthcare Medical
$238.8K
$208.9K – $278.6K
NOI $16,713 @ 7.0% cap · market cap 139.28%
Second Best
Office B
$218.9K
$191.5K – $255.3K
NOI $15,320 @ 7.0% cap · market cap 127.67%
Theoretical Best
Office A
$312.4K
$273.3K – $364.4K
NOI $21,865 @ 7.0% cap · market cap 182.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
864
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93906, CA
66,381
Population
18,432
Households
3.6
Avg Household Size
32
Median Age
17%
College-Educated
69%
High-School Grad
13.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$96,044
Median Household Income
$40,775
Median Earnings
$2,127
Median Rent
$595,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Corner unit medical office condo with an open layout and a private bathroom within the Valle Verde medical condominium.
Where is this medical office space located?
The property is located at A1-1326 Natividad Rd Salinas, CA.
What are key features of this property?
This property features: 992 SF corner unit medical office condo in Valle Verde Medical Condominium Association; Open floor plan with a private bathroom within the suite; Corner unit location offers street exposure
