Property profile

2959 Salinas Hwy Monterey, CA 93940

OFF-MARKET
Office buildings
Property ID
US09-1855059
59,000 SF 5.63 ac lot
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Total area 59,000 SF
Lot 5.63 ac (245,243 SF)
APN 013-221-019-000
UPID US09-1855059

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2959 Salinas Hwy Monterey, CA 93940-6400
Monterey metro Census 13300 SALINAS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$13.60M
Comparable Approach Comparable
$15.22M
Blend (final) Blend
$14.04M

Owner & transaction history

since 2024
5 recorded transactions
2024
Price N/A
2023
Price N/A
2017
Price N/A
2009
$11.8M
2006
$7.0M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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