Property profile & analytics
665 Munras Ave Monterey, CA 93940
- Office buildings
- 20,000 SF
- 0.91 lot acres
For Lease
View listing
$2 SF/Yr
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US09-2665706
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
- Central Coast Diagnostic Radiology / Medical Clinic
- Brown David W / Law Firm
- Dr. Douglas E. Sunde, MD / Physician / Medical Clinic
- Morwood David T MD / Physician / Medical Clinic
- Central Coast Allergy & Asthma: Prager Steven S MD / Physician / Medical Clinic
Property Details for 665 Munras Ave
- Year built
- 2001
- Construction
- WOOD
- Lot size
- 0.91 lot acres
- Property size
- 20,000 SF
- Property type
- Office buildings
- APN
- 001-683-016-000
- APU
- 1683016000
Description
This exceptional Class A office property, located at 665 Munras Avenue in the heart of downtown Monterey, California, offers a combined 21,174 square feet of versatile space. The building is ideally suited for a variety of uses, including medical offices, traditional office spaces, and executive suites. Currently available are multiple tenancy options. The property's central location in Monterey County, zip code 93940, provides easy access to local amenities and transportation. Specific suites available include approximately 2,124 square feet and 1,627 square feet, offering flexibility for businesses of various sizes. The building's Class A designation reflects its high-quality construction, modern amenities, and desirable location. This is an excellent opportunity to secure premium office space in a thriving Monterey business district. Interested parties should inquire about available suite sizes and lease terms. The property is situated in Monterey, CA, offering a prestigious address and convenient access to the city's vibrant cultural and commercial scene. This is a rare opportunity to lease high-quality office space in a highly sought-after location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,990,000
- 6.5%
- $4,610,000
- 7%
- $4,280,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $7,456,000
Market price range: $1.86M - $12.9M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $10,035,000
- INDUSTRIAL (GENERAL)
- $9,840,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Monterey
- County
- Monterey
- State
- California
- Longitude
- -121.893
- Latitude
- 36.596
- 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
$78,524
$3,170,125
$4,000,653
$7,170,778
-
$0.00
$0.00
$0.00
