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Property profile & analytics
OFF-MARKET Estimated value $690,000
Medical Office Space

262 San Jose St Ste A Salinas, CA 93901-3935

3,444 SF 0.08 ac lot Built 1980
Entity Owned 22-yr Hold Free & Clear
Property ID
US09-2831571
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 features and sinks, enhancing functionality and efficiency. The space can be leased partially furnished, including exam tables and other essential medical equipment. Additional amenities include a restroom, a secure storage closet, and designated parking in a monitored lot for staff. Utilities are included in the lease. The building's location directly across from Salinas Valley Health ensures high visibility and convenient access for patients. This single-tenancy property offers long-term lease options, making it an ideal location for established medical practices or new ventures seeking a turnkey solution. The property is classified as a medical office within the Los Palos Medical Village.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1980
Construction WOOD
Total area 3,444 SF
Lot 0.08 ac (3,347 SF)
APN 016-341-010-000
UPID US09-2831571
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
Current use
Occupant on record · Public records
  • Elida Marquez Inc Physician
  • Stanger Paul MD Physician
  • Access Family Health Care Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$895k
Comparable Approach Comparable
by Request
Blend (final) Blend
$690k
Owner & transaction history
Pcp Building Partnership LLC · 22 yrs held
Pcp Building Partnership LLC
since 2004
4 recorded transactions
2004
$418,500
2003
Price N/A
2003
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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