Financial
Distress signals
Property profile

2959 Salinas Hwy Monterey, CA 93940

OFF-MARKET
Office buildings
Property ID
US09-1855059
59,000 SF 5.63 ac lot
Last sale Sep 2009 · $11,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$160k
Tax billed · 2023
Assessed value$14.64M
Assessed land$2.98M
Assessed improvement$11.66M
Effective rate1.09%

Value estimate

· Sep 2026
$14.04M
$12.63M – $15.44M
CAP approach$13.60M
Submarket $/SF estimate$15.22M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$544/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$284 – $861

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONTEREY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.6
Realty agency11.9
Auto Parts Store11.6

Location

2959 Salinas Hwy Monterey, CA 93940-6400
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
120 Del Rey Gdns, Del Rey Oaks, CA 93940-5709 $1,940,000 Feb 2026 7,610 SF
2560 Gdn, Monterey, CA 93940-5338 $3,500,000 Feb 2023 26,845 SF
659 Abrego, Monterey, CA 93940-3238 $2,087,000 Feb 2023 8,170 SF
1035 Cass, Monterey, CA 93940-4517 $1,775,000 Aug 2022 5,251 SF
480 Calle Principal, Monterey, CA 93940-2735 $2,100,000 Jun 2022 10,173 SF
490 Calle Principal, Monterey, CA 93940-2706 $1,500,000 Jun 2022 5,369 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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