Property profile

118 Abbott St Salinas, CA 93901

OFF-MARKET
Investment properties
Property ID
US09-2539622
6,800 SF 0.16 ac lot Built 1965
Entity Owned 4-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1965
Construction TILT-UP CONCRETE
Total area 6,800 SF
Lot 0.16 ac (6,800 SF)
APN 002-362-021-000
UPID US09-2539622

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Recording Studio
  • Church

Location

118 Abbott St Salinas, CA 93901-3602
Salinas metro Census 14500 SALINAS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.38M
Comparable Approach Comparable
$1.65M
Blend (final) Blend
$1.56M

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2013
$1.4M
1994
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $2.1M +6.5%
Office building $2.0M +1.8%
Retail stores $2.0M +0.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 118 Abbott St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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