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    OFF-MARKET
    Office buildings

    26535 Carmel Rancho Blvd, Carmel, CA 93923-8749

    1,024 SF Built 1977
    Individually Owned 25-yr Hold Free & Clear
    Property ID
    US09-2852368
    Property summary
    AI-generated overview

    This Class A, two-story medical office building in Carmel-by-the-Sea, California, offers two available suites totaling 2,900 square feet within a 15,000 square foot building. Located at 26535 Carmel Rancho Blvd (near Rio Rd), the suites feature 10-foot ceilings and range from 1,240 to 1,614 contiguous square feet, with a minimum divisible space of 1,240 square feet. Previously used as medical/dental/orthopedic space, the suites are finished with reception areas, private offices, in-suite restrooms, a lab room, a work bay, and a large open area. The property is zoned for Commercial Medical use and benefits from a large off-street parking lot. The building enjoys a desirable location near the Barnyard and Crossroads Shopping Centers, surrounded by a variety of medical and professional offices, including dentists, fitness centers, insurance agencies, salons, spas, chiropractors, and skincare businesses. Tenant improvements may be negotiated. The lease is a NNN lease with a base rent of $1.50 per square foot and an additional $0.50 per square foot for NNN expenses. The property is in Monterey County, CA, zip code 93923.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1977
    Construction WOOD
    Total area 1,024 SF
    APN 015-012-032-000
    UPID US09-2852368
    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
    • Kris Sottosanti, D.D.S. Dental Office
    • Salon Aubergine Hair Salon
    • Kennas Spa Hair Salon Nail Salon
    • Dr. Roy L. Thomas, DDS Dental Office
    • Kaelyn at Salon Aubergine Hair Salon
    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
    Sierra Manor · 25 yrs held
    Sierra Manor
    since 2000
    3 recorded transactions
    2000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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