1249 Josselyn Cyn Rd Monterey, CA 93940-5265
Property Lookup
Property profile & analytics
1249 Josselyn Cyn Rd Monterey, CA 93940-5265
- Hospitals
- 12,178 SF
Property ID
US09-2828910
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
- Ave Maria Convalescent Hospital / Nursing Home
Property Details for 1249 Josselyn Cyn Rd
- Year built
- 1955
- Construction
- WOOD
- Property size
- 12,178 SF
- Property type
- Hospitals
- APN
- 101-201-002-000
- APU
- 101201002000
Description
This exceptional 21,990 square foot commercial property, situated on a sprawling 6.85-acre lot in Monterey, California, presents a remarkable investment opportunity. Previously operating as Ave Maria Convalescent Hospital, this versatile facility is ideally positioned for a variety of uses. The property boasts six distinct structures, offering ample space and flexibility. Two substantial buildings, designed for patient care and administration, feature a total of 49 beds. On-site staff accommodations are provided, ensuring convenient management. Additional structures include dedicated food storage and walk-in freezers, a four-car garage with a workshop, and a separate storage casita. Internal features are equally impressive, encompassing a welcoming reception area, administrative offices, a comfortable employee break room, a fully equipped commercial kitchen, and two conveniently located laundry areas. A large basement provides extensive storage, complemented by two spacious activity rooms. The property also includes a well-lit parking lot with a capacity of 32 vehicles. This unique offering, rarely seen in the Monterey market, combines substantial square footage, expansive acreage, and a desirable location in a forested setting, making it an exceptional addition to any discerning investor's portfolio. The property's central location within the sunbelt further enhances its appeal and potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,585,000
- ML approach
- $4,815,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,435,000
- 6.5%
- $3,170,000
- 7%
- $2,945,000
-
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $3,770,000 Current use
- OFFICE BUILDING
- $6,630,000 Change: +76% Conversion: Easy
- RESTAURANT
- $6,595,000 Change: +75% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $6,515,000 Change: +73% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $6,110,000 Change: +62% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $5,990,000 Change: +59% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $4,855,000 Change: +29% Conversion: Difficult
- RETAIL STORES
- $3,550,000 Change: -6% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Monterey
- County
- Monterey
- State
- California
- Longitude
- -121.865
- Latitude
- 36.5846
- 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
$13,829
$201,444
$998,750
$1,200,194
-
$0.00
$0.00
$0.00
