413 Moss Lndg Rd Moss Landing, CA 95039-9645
- Parking lots & garages
- 0.07 lot acres
Current Use by Public Records
- Lemongrass Seafood Bar & Grill Thai Cuisine / Bar & Grill / Restaurant
Property Details for 413 Moss Lndg Rd
- Lot size
- 0.07 lot acres
- Property type
- Parking lots & garages
- APN
- 133-193-002-000
- APU
- 133193002000
Description
This exceptional investment opportunity presents a thriving restaurant located at 413 Moss Landing Rd, Moss Landing, CA 95039. The property boasts 2,071 square feet of net rentable space situated on a 16,250 square foot lot. Built in 1963, this single-story building is a single-tenancy property operating under a NNN lease. The asking price is $1,150,000, translating to $555.29 per square foot. The property's prime location along Highway 1 in the charming coastal town of Moss Landing ensures high visibility and consistent customer traffic. The existing restaurant benefits from a strong local following and caters to tourists, providing a stable income stream for investors. This turnkey operation offers immediate returns and significant long-term growth potential within a flourishing coastal community. The property's Assesor's Parcel Number (APN) is 133-193-009-000. This is a rare chance to acquire a well-established commercial property in a desirable location with a proven track record of success. Don't miss this opportunity to invest in a thriving coastal business.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $800,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $865,000
- 6.5%
- $895,000
- 7%
- $845,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $875,000
- Geo Method
- $755,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $860,000
- Retail
- $915,000
- Mixed-Use
- $740,000
- Hospitality
- $950,000
- Educational
- $770,000
- Residential Income
- $860,000
- Energy
- $875,000
- Income-Based Land
- $960,000
- Food Service
- $730,000
Location Insight
- Map
- Local Demand
- City
- Moss Landing
- County
- Monterey
- State
- California
- Longitude
- -121.784
- Latitude
- 36.7915
- CBSA code
- 41500
- CBSA name
- SALINAS, CA METROPOLITAN STATISTICAL AREA