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    254 E Market St Salinas, CA 93901
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    Property profile & analytics

    254 E Market St Salinas, CA 93901


    • Automotive properties
    • 140 SF
    • 0.23 lot acres
    Salinas Land For Sale For Sale
    $659,000
    0.23 Acres

    Salinas Land For Sale

    10,000 sq. ft. lot east of downtown Salinas.

    254 E Market St, Salinas, CA
    View Listing
    Property ID
    US09-0194370
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bros Auto Sales Group / Car Dealership
    • JL auto sales / Car Dealership

    Property Details for 254 E Market St

    Year built
    1966
    Lot size
    0.23 lot acres
    Property size
    140 SF
    Property type
    Automotive properties
    APN
    003-114-004-000
    APU
    3114004000

    Description

    This exceptional 10,000 square foot commercial lot, located at 254 E Market St in Salinas, California (zip code 93901), presents a lucrative investment opportunity. Currently vacant, this property boasts a strategic location east of downtown Salinas, offering convenient access to Highway 101. Previously used as a used car lot, the property is zoned for Mixed Arterial Frontage, allowing for a diverse range of commercial uses. The asking price is $659,000, translating to $65.90 per square foot. The lot's prime location is surrounded by a thriving mix of retail, commercial, and industrial businesses, ensuring high visibility and potential for strong returns. The property's APN is 003-114-004. This is a multi-tenancy property ideal for investors seeking a high-traffic location with significant development potential in a bustling area of Monterey County. The property's proximity to downtown Salinas and Highway 101 provides unparalleled accessibility for both customers and employees. This is a rare opportunity to acquire a well-situated commercial lot in a rapidly growing market. Don't miss out on this chance to capitalize on the vibrant Salinas commercial landscape.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Salinas
    County
    Monterey
    State
    California
    Longitude
    -121.648
    Latitude
    36.6782
    CBSA code
    41500
    CBSA name
    SALINAS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,509
    $257,545
    $32,186
    $289,731
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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