106 10Th St, Marina, CA 93933
Exceptional medical office space available in Marina, CA's thriving Dunes on Monterey Bay community. This 16,094 square foot building offers multiple suites ranging from 1,148 to 1,888 contiguous square feet, with 3,036 square feet currently vacant. Located within a vibrant mixed-use development, the property boasts convenient access to the Pacific Ocean and benefits from the strong residential growth of the area, including over 1,200 single-family homes and numerous amenities. The site is part of a larger master-planned community encompassing three phases, with significant retail space, a VA clinic, and hotels already established. Ample parking is provided with 41 spaces. The property sits on a substantial 330-acre lot in Monterey County and presents a unique investment opportunity, benefiting from tax incentives under the Tax Cuts & Jobs Act of 2017 for investments in disadvantaged areas. This offers significant capital gains tax benefits and flexibility in investment strategies. The available space is ideal for a variety of medical practices seeking a prominent location within a rapidly expanding community. Contact us today to learn more about this exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.