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900 Cass St Monterey, CA 93940
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900 Cass St Monterey, CA 93940


  • Office properties & 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
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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 properties & 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 size
1,068 SF
Property type
Office properties & 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
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