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Property profile

1132 Ln Salinas, CA 93907

OFF-MARKET
Mixed-use properties
4.79 ac lot Built 1917
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Property summary

AI-generated overview

This exceptional mixed-use property in Salinas, CA, presents a unique investment opportunity. Situated on a substantial 4.79-acre lot at 1132 Madison Lane, this property encompasses a 2,000 square foot light industrial warehouse complemented by an equally sized (2,000 sq ft) private, gated yard. The warehouse itself boasts an open floor plan, ideal for adaptable use, and includes a full bathroom with shower, adding convenience and functionality. A mezzanine level provides additional space, perfect for light storage or office use, enhancing the property's versatility. The generous private gated yard offers secure outdoor space, valuable for storage, operations, or potential expansion. The property's location on Madison Lane in the Boronda area of West Salinas provides easy access to Highway 101 via Davis Road, ensuring excellent connectivity and logistical advantages. The entire 4.79-acre site comprises 208,652 square feet of light industrial warehouse and yard space, presenting significant potential for various business ventures. The asking price is $5,000. Detailed specifications and lease terms are available upon request.

Property profile

Verified
Property type Mixed-use properties
Year built 1917
Lot 4.79 ac (208,652 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1132 Ln Salinas, CA 93907
Salinas metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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