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    900 Cass St Monterey, CA 93940
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    Property profile & analytics

    900 Cass St, Monterey, CA 93940

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    • Office Spaces
    • 1,068 SF
    • 0.02 lot acres
    Monterey Medical Office Condos For Sale
    $1,650,000
    2,493 SF

    Monterey Medical Office Condos

    Two Suites, Prime Location, High Demand

    900 Cass St, Monterey, CA 93940
    View Listing
    Property ID
    US09-3844872
    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.

    Value Estimations
    Cap Rate Potential
    5.3%
    Office Spaces
    Location Intelligence

    Current Use by Public Records

    • The Monterey Program for Executive Health (MPEH) / Hospital
    • Dr. James E. Ramseur, MD / Physician
    • Abc Eye Care / Ophthalmologist
    • James E Ramseur, Jr., M.D. / Physician / Medical Clinic
    • Monterey Joint Replacement and Sports Medicine / Medical Clinic

    Property Details for 900 Cass St

    Lot size
    0.02 lot acres
    Property type
    Office Spaces
    APN
    001-606-002-000
    APU
    1606002000

    Description

    This exceptional opportunity presents two medical office condos totaling 2,493 square feet, situated at 900 Cass Street in Monterey County, California. The property, identified by APN 001-606-001 and 001-606-002, offers a unique investment prospect. One suite (Suite 101), comprising 1,068 to 1,425 contiguous square feet, will be delivered vacant upon closing, providing immediate occupancy for a new business. The second suite (Suite 102) features upgraded Class A finishes and comes with an existing lease in place, generating immediate rental income. The minimum divisible space is 1,068 square feet, while the maximum contiguous space available is 1,425 square feet. This prime location within Monterey's Cass Street medical district offers excellent visibility and accessibility, placing it in close proximity to downtown Monterey. The combined units present a rare opportunity to own a thriving medical practice space while simultaneously benefiting from passive rental income. The building's high-quality finishes and desirable location make this an attractive investment for both owner-occupiers and investors seeking a strong return. The property is currently entirely vacant, allowing for immediate customization and occupancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $571,000
      Market price range: $99.1k - $688k
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $580,000
      Current use
      COMMERCIAL (GENERAL)
      $535,000
      Change: -8% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Monterey
    County
    Monterey
    State
    California
    Longitude
    -121.896
    Latitude
    36.5933
    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
    $6,010
    $171,908
    $377,951
    $549,859
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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