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Financial
Distress signals
Property profile

262 San Jose St Salinas, CA 93901

FOR SALE
Medical Office Space
Property ID
US09-2831571
3,444 SF 0.08 ac lot Built 1980
Last sale Jan 2004 · $418,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,500-square-foot medical office space is ideally situated at 262 San Jose St, Salinas, CA 93901, on the corner of Los Palos and San Jose Streets. Located in Monterey County, this ground-floor suite offers unparalleled convenience and accessibility. The property boasts a thoughtfully designed layout, including a welcoming waiting room, a dedicated reception area, five well-appointed exam rooms, and a private office. Each exam room and the office are equipped with built-in…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$1.05M
Assessed land$273k
Assessed improvement$772k
Effective rate1.16%

Value estimate

· Oct 2026
$690k
$621k – $759k
CAP approach$895k
NOI build-up
Gross scheduled income$164k
Vacancy & credit loss−$16k
Operating expenses−$59k
NOI · 4.77% cap applied$88k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$310/SF
County average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$162 – $414

Cap rate analysis

How does the asset earn?
4.77%
$88k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONTEREY

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop10.7
HVAC Service10.3
Locksmith9.3

Location

262 San Jose St Salinas, CA 93901
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1121 Pajaro, Salinas, CA 93901-2905 $850,000 Oct 2023 3,067 SF
1064 Pajaro, Salinas, CA 93901-3034 $260,000 May 2023 1,732 SF
110 Romie, Salinas, CA 93901 $1,200,000 Feb 2022 3,140 SF
44 Acacia, Salinas, CA 93901-2433 $718,000 Jun 2021 2,686 SF
258 San Jose, Salinas, CA 93901-3934 $357,000 Feb 2020 3,006 SF
254 San Jose, Salinas, CA 93901-3901 $344,000 Feb 2020 2,778 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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