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    Property profile & analytics
    OFF-MARKET Estimated value $7,475,000
    Office buildings

    70 Gdn Ct, Monterey, CA 93940-5342

    33,176 SF 1.53 ac lot Built 1984
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US09-0817001
    Property summary
    AI-generated overview

    This exceptional 7,074-square-foot executive office space is available for lease in Monterey, California. Located at 70 Garden Court, 93940, this single-tenant property offers a complete and ready-to-occupy solution for businesses seeking a prestigious location. The building boasts ample parking with 22 spaces available for tenants and their guests. The property is situated in Monterey County and provides convenient access to local amenities and transportation routes. The entire 7,074 square feet is currently vacant, presenting a unique opportunity for a business to customize the space to perfectly meet its specific needs. This is an ideal location for a company seeking a prominent presence in the Monterey area. The property type is classified as an office building, specifically an executive office suite, ensuring a high level of professionalism and sophistication. The address is 70 Garden Ct, Monterey, CA 93940. The property's location offers a blend of professional ambiance and convenient access to local resources. This single-tenant occupancy provides privacy and control over the entire space. With its generous square footage and ample parking, this property represents a rare opportunity in the competitive Monterey market. The property is ready for immediate occupancy. Interested parties are encouraged to inquire further to explore this exceptional leasing opportunity.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1984
    Construction WOOD
    Total area 33,176 SF
    Lot 1.53 ac (66,429 SF)
    APN 013-351-002-000
    UPID US09-0817001
    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
    Current use
    Occupant on record · Public records
    • EzyAgent (Bike/Boat/Book/etc) Store Corporate Office
    • Monterey Bay Community Power Electric Utility Company
    • Central Coast Community Energy (3CE) Electric Utility Company
    • Papillon Center for Loss and Transition Charitable Organization Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $9.35M
    CAP Approach CAP
    $7.65M
    Comparable Approach Comparable
    $6.95M
    Blend (final) Blend
    $7.48M
    Owner & transaction history
    Sgsk LLC · 2 yrs held
    Sgsk LLC
    since 2023
    Last sale
    $5.8M
    7 recorded transactions
    2023
    $5.8M
    2023
    2019
    2017
    2016
    2014
    $5.8M
    2009
    $3.3M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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