200 San Benancio Rd Salinas, CA 93908
This exceptional 5.85-acre commercial property in Salinas, California, presents a unique development opportunity. Located on San Benancio Road, just two miles from Highway 68, this strategically positioned land boasts convenient access and stunning hillside views. The property comprises three separate parcels with distinct Assessor's Parcel Numbers (APN), offering flexibility for various development plans. Two of the parcels are flat and cleared, ready for immediate construction. Existing infrastructure includes readily available water and electricity connections, simplifying the development process. The property features partial fencing and varied terrain, accommodating diverse design considerations. Zoned LDR/5-D, this land is ideal for a range of commercial ventures. The asking price is $585,000. This is an exceptional opportunity to acquire a substantial commercial parcel in a desirable Salinas location with significant development potential. The property's size, location, and existing utilities make it an attractive investment for discerning buyers seeking a prime commercial land holding in Monterey County. Don't miss this chance to secure this valuable asset.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.