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    Property profile & analytics

    1185-1187 Laurel Dr Salinas, CA 93906

    • Lifestyle centers
    • 44,488 SF
    • 2.81 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 1185-1187 Laurel Dr

    Year built
    1972
    Lot size
    2.81 lot acres
    Property size
    44,488 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    Laurel Plaza Shopping Center, a 44,488 square foot property located at 1185-1187 N Main St & 21 W Laurel Dr in Salinas, CA, presents a compelling investment opportunity. This fee-simple ownership includes three parcels totaling approximately 2.81 acres (APN: 003-271-030

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salinas
    County
    Monterey
    State
    California
    Longitude
    -121.653
    Latitude
    36.6983

    Comparable in this City

    • Value Estimation by Request
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      1332 Natividad Rd

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    • Value Estimation by Request
      9,345 SF

      1630 Main St

      MINI-MALL • 9,345 SF
      1630 Main St, Salinas, CA 93906-5102
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    • Value Estimation by Request
      15,600 SF

      530 Laurel Dr, Unit 56

      MINI-MALL • 15,600 SF
      530 Laurel Dr, Salinas, CA 93906-3756
      View Details
    • Value Estimation by Request
      3,390 SF

      Alvin Dr

      MINI-MALL • 3,390 SF
      Alvin Dr, Salinas, CA 93906
      View Details
    • Value Estimation
      $6,600,000
      1,800 SF

      2011 Main St

      MINI-MALL • 1,800 SF
      2011 Main St, Salinas, CA 93906
      View Details
    • Value Estimation by Request
      10.19 Acres

      1700 Main St

      MINI-MALL • 10.19 Acres
      1700 Main St, Salinas, CA 93906
      View Details

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    1185-1187 Laurel Dr
    Salinas, CA 93906
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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