Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1332 Natividad Rd Salinas, CA 93906
    Back to Search
    Property profile & analytics

    1332 Natividad Rd Salinas, CA 93906

    View on Map
    • Retail properties & Spaces
    • 1,500 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Stephen D. Saglio, MD / Pediatrician / Physician
    • Vivian Garcia / Pediatrician / Physician
    • Stephen Dower Saglio / Pediatrician / Physician
    • Ruth Pedraza / Pediatrician / Physician
    • Foundation Laboratory, PSC / Medical Clinic

    Property Details for 1332 Natividad Rd

    Year built
    1982
    Property size
    1,500 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional 1,500-square-foot medical office condo in Salinas, California, is offered at $800,000. Located at 1332 Natividad Rd #B, this property boasts a desirable location adjacent to Natividad Medical Center within the Valle Verde Medical Condominium Association. Built in 1982, the single-building property sits on a 1,791 square foot lot and offers ample parking with 10 spaces. The interior features a spacious reception area, four private exam rooms each equipped with sinks, a dedicated medical lab, two restrooms, and a convenient break room. The property is currently occupied by a tenant. The zoning is commercial, making it ideal for continued medical use or potential redevelopment within the permitted uses. This turnkey medical office presents a strong investment opportunity due to its prime location, existing tenant, and well-designed layout. The asking price is $800,000, translating to $533.33 per square foot. This property is zoned for commercial use. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salinas
    County
    Monterey
    State
    California
    Longitude
    -121.634
    Latitude
    36.6997

    Comparable in this City

    • Value Estimation by Request
      44,488 SF

      1185-1187 Laurel Dr

      Lifestyle centers • 44,488 SF
      1185-1187 Laurel Dr, Salinas, CA 93906
      View Details
    • Value Estimation by Request
      0.24 Acres

      27 San Juan Grade Rd

      MEDICAL BUILDING • 0.24 Acres
      27 San Juan Grade Rd, Salinas, CA 93906-2001
      View Details
    • Value Estimation
      $1,970,000
      5,500 SF

      640 Alvin Dr

      MEDICAL BUILDING • 5,500 SF
      640 Alvin Dr, Salinas, CA 93906-3055
      View Details
    • Value Estimation by Request
      3,120 SF

      1850 Main St

      MEDICAL BUILDING • 3,120 SF
      1850 Main St, Salinas, CA 93906-2040
      View Details
    • Value Estimation by Request
      3,554 SF

      972 Lupin Dr

      MEDICAL BUILDING • 3,554 SF
      972 Lupin Dr, Salinas, CA 93906-3980
      View Details
    • Value Estimation
      $650,000
      2,837 SF

      33 Iris Dr

      MEDICAL BUILDING • 2,837 SF
      33 Iris Dr, Salinas, CA 93906-3905
      View Details

    Similar Nearby for Sale

    • $3,799,000

      Salinas Retail/Office Investment Opportunity

      Strip retail and office investment opportunity in Salinas, California.
      1285 N Main St, Salinas, CA 93906
      View Details
    • $380,000

      Prime Commercial Lot in Salinas

      High-traffic, high-visibility .25-acre commercial lot suitable for various business ventures.
      730 N Main St, Salinas, CA 93906
      View Details
    • $3,690,000

      Salinas Townhouse-Style Apartment Building

      Twelve townhouse-style units near retail and Highway 101.
      109 San Juan Grade Rd, Salinas, CA 93906
      View Details

    Similar Nearby for Lease

    • $3,200 /Mo

      Medical Office Space Available

      Corner unit in established medical complex, ready for immediate occupancy.
      1326 Natividad Rd, Salinas, CA 93906
      View Details
    • $13 SF/Yr
      136,712 SF

      Northridge Mall Retail Space Available

      High-visibility Salinas retail space, ample parking.
      1700 Main St, Salinas, CA 93906
      View Details
    • Contact for pricing
      3,415 SF

      Salinas Commercial Office Building

      Commercial office building in Salinas, California available for lease.
      1191 N Main St, Salinas, CA 93906
      View Details
    • $18 SF/Yr
      1,300 SF

      Salinas Office Space For Rent

      1,300 SF office space available for lease.
      275 W Laurel Dr, Salinas, CA 93906
      View Details
    • $3,200 /Mo
      997 SF

      Retail Space in Salinas, CA

      Retail space available for lease in Monterey County.
      1326 Natividad Rd, Salinas, CA 93906
      View Details
    • Contact for pricing
      1,980 SF

      Retail Space in Salinas Center

      Corner retail space available in a busy shopping center.
      901 N Main St, Salinas, CA 93906
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1332 Natividad Rd
    Salinas, CA 93906
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1332 Natividad Rd, Salinas, CA, 93906
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!