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Property profile & analytics
OFF-MARKET Estimated value $17,840,000
Retail space

150 Bch Rd Marina, CA 93933-2513

94,944 SF 7.77 ac lot Built 1992
Trust Owned 19-yr Hold Free & Clear
Property ID
US09-3318104
Property summary
AI-generated overview

This exceptional 5.11-acre commercial land parcel presents a unique investment opportunity in the vibrant coastal city of Marina, California. Located at 150 Beach Rd, Marina, CA 93933, this single-tenant property offers unparalleled potential for development. The expansive lot size provides ample space for a variety of commercial ventures, catering to diverse business needs. Situated in Monterey County, this property benefits from a strategic location with convenient access to major transportation routes, ensuring excellent visibility and accessibility for any future development. The property is designated as commercial land and is currently available for lease. Detailed site plans and zoning information are readily available upon request. This is an exceptional opportunity to acquire a significant land holding in a thriving coastal community. Prospective tenants are encouraged to explore the possibilities this prime location offers. The property's address is clearly identified as 150 Beach Rd, providing easy navigation and identification. The site's latitude and longitude coordinates are 36.6931213 and -121.8011574 respectively, for precise location verification. This offering represents a rare chance to secure a substantial commercial land parcel in a desirable coastal California setting. Serious inquiries are welcome.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1992
Total area 94,944 SF
Lot 7.77 ac (338,461 SF)
APN 033-111-009-000
UPID US09-3318104
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ATM Atm
  • Walmart Patio & Garden Services Landscaping General Contractor
  • Walmart House Cleaning Services Hardware & Home Improvement
  • Ria Money Transfer - Walmart Bank Credit Union
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$21.16M
Comparable Approach Comparable
$13.18M
Blend (final) Blend
$17.84M
Owner & transaction history
Wal-mart R/e Business Trust · 19 yrs held
Wal-mart R/e Business Trust
since 2007
4 recorded transactions
2007
$19.0M
2005
Price N/A
2005
$4.3M
1993
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $29.4M +6.2%
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