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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1020 Auto Center Pkwy Seaside, CA 93955

    • Commercial real estate
    • 15,695 SF
    • 0.63 lot acres
    For Sale
    View listing
    $3,750,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-2248761
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • laguna seca / Car Rental Facility

    Property Details for 1020 Auto Center Pkwy

    Year built
    1985
    Lot size
    0.63 lot acres
    Property size
    15,695 SF
    Property type
    Commercial real estate
    APN
    011-523-021

    Description

    This exceptional retail property, located at 1020 Auto Center Parkway in Seaside, California (93955), presents a compelling investment opportunity. The 15,695 square foot building sits on a 0.63-acre lot (APN 011-523-021) and features three grade-level overhead roll-up doors, ideal for various commercial uses. Built in 1985, the structure boasts prefabricated steel construction with metal roofing and siding, and offers mixed flooring throughout. The interior includes office space with 8-foot ceilings, a showroom area with 14.5-foot ceilings, and storage space with 22-foot ceilings. Eleven off-street parking spaces are available. The property benefits from high visibility on a main thoroughfare, directly across from Tesla and near major retailers including Costco, Marshalls, Target, and more. Recently upzoned to CRG: Regional Commercial zoning, this property allows for a wide range of retail-related uses. The asking price is $3,750,000, representing a price per square foot of $238. The building comprises approximately 11,374 square feet on the first floor and 4,481 square feet on the second floor. A fire alarm system is in place, however, sprinklers are not present.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Seaside
    County
    Monterey
    State
    California
    Longitude
    -121.843191
    Latitude
    36.61685

    Comparable in this City

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      15,695 SF

      Seaside Retail Space For Sale

      15,695 SF retail space in high-traffic location.
      1020 Auto Center Pkwy, Seaside, CA 93955
      View Details
    • $4,052,168
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      Seaside Retail Shopping Center Opportunity

      Retail building in a shopping center with vacant space.
      800 Broadway Ave, Seaside, CA 93955
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    • $2,850,000
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      Seaside Mixed-Use Investment Opportunity

      Mixed-use building with commercial and residential units in Seaside, CA.
      1725 Fremont Blvd, Seaside, CA 93955
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    • $3,500,000
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      Seaside Automotive Retail Opportunity

      Six parcels with redevelopment potential in Seaside's Urban Village.
      1523-1533 Del Monte Blvd, Seaside, CA 93955
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    • New
      $1,725,000
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      Seaside Commercial Property for Sale

      Commercial property in Seaside, CA, featuring 4,625 square feet.
      1310 Broadway Ave, Seaside, CA 93955
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    • $3,500,000
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      Seaside Auto Shop Investment

      High-visibility, multi-tenant retail opportunity.
      1523 Del Monte Blvd, Seaside, CA 93955
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    Similar Nearby for Sale

    • $3,750,000
      15,695 SF

      Seaside Retail Space For Sale

      15,695 SF retail space in high-traffic location.
      1020 Auto Center Pkwy, Seaside, CA 93955
      View Details
    • $4,052,168
      5,235 SF

      Seaside Retail Shopping Center Opportunity

      Retail building in a shopping center with vacant space.
      800 Broadway Ave, Seaside, CA 93955
      View Details
    • $2,850,000
      8,577 SF

      Seaside Mixed-Use Investment Opportunity

      Mixed-use building with commercial and residential units in Seaside, CA.
      1725 Fremont Blvd, Seaside, CA 93955
      View Details
    • $3,500,000
      9,811 SF

      Seaside Automotive Retail Opportunity

      Six parcels with redevelopment potential in Seaside's Urban Village.
      1523-1533 Del Monte Blvd, Seaside, CA 93955
      View Details
    • New
      $1,725,000
      4,625 SF

      Seaside Commercial Property for Sale

      Commercial property in Seaside, CA, featuring 4,625 square feet.
      1310 Broadway Ave, Seaside, CA 93955
      View Details
    • $3,500,000
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      Seaside Auto Shop Investment

      High-visibility, multi-tenant retail opportunity.
      1523 Del Monte Blvd, Seaside, CA 93955
      View Details

    Similar Nearby for Lease

    • Contact for pricing
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      Retail Space in Seaside Corridor

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      1130 Fremont Blvd, Seaside, CA 93955
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    • $1.42 SF/Yr
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      Retail Space with High Visibility

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      555 Broadway Ave, Seaside, CA 93955
      View Details
    • $1.60 SF/Yr
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      Seaside Retail Space on Fremont

      Versatile commercial space with high visibility on Fremont Boulevard.
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    • $1.50 SF/Yr
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      Seaside Office Space For Rent

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      495 Elder Ave, Seaside, CA 93955
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    • $18 SF/Yr
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      Lang Building: Sand City Flex Space

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    Seaside, CA 93955
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    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
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