10685 Merritt St Castroville, CA 95012-3312
Property Lookup
Property profile & analytics
10685 Merritt St Castroville, CA 95012-3312
- Showrooms
- 1,419 SF
- 0.26 lot acres
Property ID
US09-2042872
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.
Location Intelligence
Current Use by Public Records
- Showrooms
Property Details for 10685 Merritt St
- Year built
- 1931
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.26 lot acres
- Property size
- 1,419 SF
- Property type
- Showrooms
- APN
- 030-161-012-000
- APU
- 30161012000
Description
Exceptional investment opportunity in Castroville, CA, featuring three retail buildings totaling 4,836 square feet on a 14,400 square foot lot. This multi-tenant property boasts 100% occupancy with a strong 7.20% cap rate and an asking price of $1,600,000 ($118.06/sq ft). The buildings, constructed in 1949 and extensively renovated in 2014, include a mix of retail spaces, currently occupied by three tenants under a modified lease with five years remaining. The property includes 20 shared parking spaces in a private lot currently undergoing resurfacing and improvements. Located at 10685 Merritt St., this property benefits from abundant street parking and a prime location directly across from the new Phil's Fish Market. The property includes two parcels (APN: 030-161-008, 030-161-012), which may be sold together or separately. Building sizes are approximately 2,070 sq ft, 1,433 sq ft, and 1,333 sq ft. A new roof was installed on all three buildings in 2022. The property is zoned CP (Community Plan). Seller financing is available.
Value Estimations
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Castroville
- County
- Monterey
- State
- California
- Longitude
- -121.758
- Latitude
- 36.7663
- CBSA code
- 41500
- CBSA name
- SALINAS, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,295
$180,279
$156,330
$336,609
-
$0.00
$0.00
$0.00
