24480 Citation Ct Monterey, CA 93940
- Commercial land
- 1.59 lot acres
Current Use by Public Records
- Commercial land
Property Details for 24480 Citation Ct
- Lot size
- 1.59 lot acres
- Property type
- Commercial land
- APN
- 173-121-003-000
- APU
- 173121003000
Description
This exceptional 1.59-acre commercial land parcel presents a unique investment opportunity in the desirable Monterey, CA market. Located at 24480 Citation Court, this property offers significant potential for a variety of commercial ventures. The expansive acreage provides ample space for development, allowing for flexibility in design and functionality. Its strategic location within Monterey ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in this vibrant community. The property's zoning regulations should be independently verified to ensure compatibility with intended development plans. Given the size and location, this land is well-suited for a range of commercial uses, from retail establishments and office spaces to light industrial facilities or potentially even a mixed-use development. Prospective buyers are encouraged to conduct their own due diligence to assess the property's suitability for their specific business needs and to explore the potential for maximizing its value. The asking price of $587,000 represents a compelling entry point into the Monterey commercial real estate market, offering a strong return on investment for the discerning buyer. This is a rare opportunity to acquire a substantial land parcel in a prime location, presenting a blank canvas for a successful commercial undertaking. Serious inquiries are welcome.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monterey
- County
- Monterey
- State
- California
- Longitude
- -121.808
- Latitude
- 36.5743
- CBSA code
- 41500
- CBSA name
- SALINAS, CA METROPOLITAN STATISTICAL AREA
