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    OFF-MARKET
    Office buildings

    400 Camino Aguajito, Monterey, CA 93940-3532

    12,114 SF 0.52 ac lot Built 1969
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US09-1109462
    Property summary
    AI-generated overview

    This exceptional two-story office building, located at 400 Camino Aguajito in Monterey, California, 93940, offers a variety of executive office suites perfect for businesses of all sizes. The 12,114 square foot building boasts a convenient location near downtown Monterey and the Naval Postgraduate School, providing easy access to Highway 1 and Highway 68. Currently, there are 2,731 square feet of vacant space available, divisible into units ranging from a minimum of 163 square feet to a maximum contiguous space of 686 square feet. The building features multiple tenancies, allowing for flexibility in lease terms and space requirements. The first floor includes individual office spaces, a shared reception area, and a convenient break room. Select offices offer stunning views of Lake El Estero. Ample parking is available, encompassing both covered and uncovered spaces. This property presents a unique opportunity to establish a presence in a highly desirable Monterey location. The building's convenient location, flexible space options, and attractive amenities make it an ideal choice for businesses seeking a professional and productive work environment. Contact us today to learn more about leasing opportunities.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1969
    Construction WOOD
    Total area 12,114 SF
    Lot 0.52 ac (22,452 SF)
    APN 001-837-011-000
    UPID US09-1109462
    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
    • Willow Glen Insurance Insurance Agency
    • Hubbard & Hubbard Law Firm
    • Varga Law Office Law Firm
    • New York Life Insurance Company Insurance Agency
    • Salas O'Brien Engineering Consultant
    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
    Susan Work Ward · 1 yrs held
    Susan Work Ward
    since 2024
    Last sale
    $225,000
    7 recorded transactions
    2024
    2024
    2024
    2016
    2016
    2009
    2002
    $225,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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