230 Martella St Salinas, CA 93901-2881
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.