123 Alisal St Salinas, CA 93901
- Office buildings
- 1,689 SF
- 0.18 lot acres
Current Use by Public Records
- Ocon Family Chiropractic / Chiropractor
- First Roofing / Roofing Contractor
Property Details for 123 Alisal St
- Year built
- 1932
- Construction
- WOOD
- Lot size
- 0.18 lot acres
- Property size
- 1,689 SF
- Property type
- Office buildings
- APN
- 002-221-013-000
- APU
- 2221013000
Description
This exceptional 34,188 square foot commercial property located at 123 Alisal Street in Salinas, California presents a rare investment opportunity. Situated on a 0.85-acre lot, this historic building boasts extensive storage, roll-up doors, and a 24-space parking lot, offering remarkable versatility. Its prime downtown location directly across from the County Courthouse ensures unparalleled visibility and accessibility. The property's rich history adds to its unique appeal, making it an ideal canvas for a variety of uses. Importantly, the City of Salinas has already approved a site plan for a significant redevelopment project. This plan envisions transforming the property into a 47,700 square foot mixed-use development, incorporating 1,881 square feet of commercial space and 40 residential units. However, the property's adaptability extends beyond this approved plan
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $850,000
- ML approach
- $850,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $921,000
Market price range: $288k - $922k -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $675,000
- MEDICAL BUILDING
- $525,000
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Location Insight
- Map
- Local Demand
- City
- Salinas
- County
- Monterey
- State
- California
- Longitude
- -121.651
- Latitude
- 36.6746
- CBSA code
- 41500
- CBSA name
- SALINAS, CA METROPOLITAN STATISTICAL AREA
