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    Property profile & analytics

    523 Work St Salinas, CA 93901-4351

    • Hotels
    • 2.68 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US09-5122031
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hampton Inn & Suites Salinas / Hotel
    • SemaConnect Charging Station / Electric Vehicle Charging Station
    • Salinas sports arena / Park
    • Blink Charging Station / Electric Vehicle Charging Station

    Property Details for 523 Work St

    Lot size
    2.68 lot acres
    Property type
    Hotels
    Property subtype
    Motels
    APN
    003-011-052-000
    APU
    3011052000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salinas
    County
    Monterey
    State
    California
    Longitude
    -121.641
    Latitude
    36.6704
    CBSA code
    41500
    CBSA name
    SALINAS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $152,632
    $2,037,663
    $11,291,518
    $13,329,181
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,979 SF

      126 John St

      HOTEL/MOTEL • 7,979 SF
      126 John St, Salinas, CA 93901-3321
      View Details
    • Value Estimation
      $550,000
      6,914 SF

      Pajaro St

      HOTEL/MOTEL • 6,914 SF
      Pajaro St, Salinas, CA 93901
      View Details
    • Value Estimation by Request
      10,166 SF

      37 Soledad St

      HOTEL/MOTEL • 10,166 SF
      37 Soledad St, Salinas, CA 93901
      View Details
    • Value Estimation by Request
      3,481 SF

      214 John St

      HOTEL/MOTEL • 3,481 SF
      214 John St, Salinas, CA 93901-3323
      View Details
    • Value Estimation
      $5,835,000
      13,662 SF

      131 John St

      HOTEL/MOTEL • 13,662 SF
      131 John St, Salinas, CA 93901-3337
      View Details
    • Value Estimation by Request
      0.65 Acres

      425 Monterey St

      HOTEL/MOTEL • 0.65 Acres
      425 Monterey St, Salinas, CA 93901-3412
      View Details

    Similar Nearby for Sale

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      Historic Salinas Hotel - Prime Location

      Oldtown Salinas Hotel, 32 Rooms + Retail
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    • $310,000
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      Salinas Commercial Lot - Huge Potential

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      Salinas Mixed-Use Commercial Property

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    • $999,999

      Automotive Building on Corner Lot

      Freestanding 3,591 SF automotive/industrial building on 7,200 SF lot.
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    • $925,000

      Commercial Corner Property For Sale

      Prime commercial corner property with high visibility and logistical advantages.
      240 W Market St, Salinas, CA 93901
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    • $1,750,000

      South Salinas Multifamily Investment Opportunity

      Multifamily property in established Salinas neighborhood, close to amenities.
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    Similar Nearby for Lease

    • Contact for pricing
      2,500 SF

      Salinas Drive-Thru Restaurant Space

      ±2,500 SF Restaurant, High Visibility
      945 Abbott St, Salinas, CA 93901
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    • Contact for pricing
      10,189 SF

      Prime Retail Space in Oldtown

      High-visibility retail/restaurant space in the heart of Oldtown Salinas.
      231 Main St, Salinas, CA 93901
      View Details
    • Contact for pricing
      1,980 SF

      Retail Space in Salinas Center

      Corner retail space available in a busy shopping center.
      901 N Main St, Salinas, CA 93901
      View Details
    • $12 SF/Yr
      2,423 SF

      Retail Space in South Salinas

      Retail space with high visibility and on-site parking.
      921-951 S Main St, Salinas, CA 93901
      View Details
    • $24 SF/Yr
      2,700 SF

      Retail Space in South Salinas

      Retail space for lease in South Salinas with high visibility.
      1215-1273 S Main St, Salinas, CA 93901
      View Details
    • Contact for pricing
      7,038 SF

      Retail Space in Sherwood Gardens

      Retail space available in the Sherwood Gardens Shopping Center.
      1007-1045 N Main St, Salinas, CA 93901
      View Details

    Property Visit Statistics

    • Visits by month
      33.3k
    • Visitors by month
      16.5k
    • Avg Time on site
      7 min
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    523 Work St
    Salinas, CA 93901-4351
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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