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Property profile & analytics
OFF-MARKET Estimated value $550,000
Community centers

1700 Main St Salinas, CA 93906

10.19 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US09-6540440
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 chance for a large-scale tenant or multiple smaller tenants. Flexible space options are available, with a minimum divisible space of 54,743 square feet and a maximum contiguous space of 72,181 square feet. The property includes 600 parking spaces, ensuring ample convenience for shoppers and employees. This former Sears location offers a prime opportunity to establish a strong retail presence in a high-traffic area of Salinas. The property's size and location make it ideal for a variety of retail uses, providing significant potential for growth and success. The property is classified as a shopping center with multiple tenancy options. This is a rare opportunity to acquire a substantial retail space in a desirable location.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Lot 10.19 ac (443,876 SF)
APN 253-201-054-000
UPID US09-6540440
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
  • Living Spaces Furniture & Home Goods Home Decor Store
  • Dave & Buster's Salinas Restaurant
  • UFC Fit Salinas - Northridge Mall Gym & Fitness Center
  • Sears Appliance Repair Home Appliance Store
  • Sears Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k
Owner & transaction history
Ecp Tpb1 LLC · 1 yrs held
Ecp Tpb1 LLC
since 2024
6 recorded transactions
2024
Price N/A
2024
Price N/A
2023
Price N/A
2022
$5.6M
2019
Price N/A
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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