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Property profile & analytics
OFF-MARKET
Commercial land

230 Martella St Salinas, CA 93901-2881

0.25 ac lot
Trust Owned 6-yr Hold Free & Clear
Property ID
US09-3241400
Property summary
AI-generated overview

This exceptional 0.25-acre commercial lot, situated at 230 Martella Street in Salinas, California, presents a remarkable investment opportunity. Priced at $310,000, this property offers significant potential for a diverse range of commercial ventures. The expansive lot size provides ample space for development, catering to various business needs and scales. Its location within Salinas allows for easy access to key transportation routes and a thriving local market. The property is zoned to accommodate a variety of commercial uses, as per Salinas city regulations. This presents a unique chance to establish a new business or expand an existing one in a strategic and desirable location. The absence of existing structures allows for complete design flexibility, enabling the creation of a custom-built facility tailored to specific business requirements. Serious inquiries are encouraged to explore the possibilities this prime commercial lot offers. The property's versatility and prime location make it an attractive proposition for entrepreneurs and investors seeking a foothold in the dynamic Salinas commercial market. Further details regarding zoning and permitted uses are readily available upon request. Don't miss this opportunity to acquire a valuable piece of Salinas real estate.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.25 ac (10,858 SF)
APN 003-142-018-000
UPID US09-3241400
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Iracheta,hilda Trust · 6 yrs held
Iracheta,hilda Trust
since 2020
Last sale
$175,000
3 recorded transactions
2020
$175,000
2020
Price N/A
1998
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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