Financial
Distress signals
Property profile

1700 N Main St Salinas, CA 93906

FOR LEASE
Community centers
Property ID
US09-6540440
10.19 ac lot
Last sale Nov 2022 · $5,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail opportunity presents a substantial space within the prominent Northridge Mall in Salinas, California. Located at 1700 N Main St, 93906, this property boasts a total building area of 136,712 square feet, situated on a 9-acre lot. The building is a two-story structure with convenient access to US-101, offering excellent visibility and accessibility for customers. Currently, a significant portion of the space is vacant, totaling 126,924 square feet, presenting a unique

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$67k
Tax billed · 2023
Assessed value · 2024$5.71M
Assessed land$2.04M
Assessed improvement$3.67M
Effective rate1.17%

Value estimate

· Sep 2026
$550k
$495k – $605k
AI approach$550k
NOI build-up
Gross scheduled income$646k
Vacancy & credit loss−$36k
Operating expenses−$183k
NOI · 39,182,110.09% cap applied$427k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
39,182,110.09%
$427k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONTEREY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm19.8
Kitchen & Bath12.5
Building Supply12.1

Location

1700 N Main St Salinas, CA 93906
County assessor Recorded deeds · 6 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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