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Property profile & analytics
FOR SALE
Flex space

527-539 Ramona Ave Monterey, CA 93940

16,563 SF
Entity Owned 6-yr Hold
Property ID
US09-0043134
Property summary
AI-generated overview

- Mahoney & Associates is pleased to present 527-539 Ramona Avenue for sale. This property presents a rare opportunity for both investors and/or owner-users in the heart of Monterey’s commercial corridor. The property is partially occupied, offering immediate income with the flexibility to occupy or lease the remaining space. Located within the North Fremont Specific Plan area, the zoning allows for a wide range of commercial uses including retail, office, and service-oriented businesses. The site benefits from excellent exposure just off North Fremont Street, which sees an average daily traffic flow of over 28,000 vehicles driving consistent visibility and customer access. With close proximity to Highway 1, national retailers, and ample on-site parking, this property is well positioned for long-term value and strategic growth.

Property profile
Verified
Property type Flex space
Total area 16,563 SF
UPID US09-0043134
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
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
Ramona Avenue Business Center LLC · 6 yrs held
Ramona Avenue Business Center LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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