Property profile

400 Camino Aguajito Monterey, CA 93940

OFF-MARKET
Office buildings
Property ID
US09-1109462
12,114 SF 0.52 ac lot Built 1969
Individually Owned 2-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Insurance Agency
  • Law Firm
  • Law Firm
  • Insurance Agency
  • Engineering Consultant

Location

400 Camino Aguajito Monterey, CA 93940-3532
Monterey metro Census 13000 SALINAS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2024
Last sale
$225,000
7 recorded transactions
2024
Price N/A
2024
Price N/A
2024
Price N/A
2016
Price N/A
2016
Price N/A
2009
Price N/A
2002
$225,000

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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