743 La Guardia StSalinas, CA 93905

  • Land
  • 2.47 AC
For Sale
$4,625,000 View listing

Property Details for 743 La Guardia St

Lot size
2.47 AC
Property type
Land
Property subtype
Other industrial land
APN
003-863-024-000
APU
3863024000

Description

This exceptional offering presents a unique opportunity to acquire two contiguous parcels totaling 4.8 acres (209,916 sq ft) of flat industrial land in Salinas, California. Located within the Airport Business Park, this prime real estate boasts convenient access to Highway 101 and the Salinas Municipal Airport, ensuring optimal logistics and connectivity. The property is zoned IBP (Industrial Business Park), allowing for a wide range of potential uses. Each parcel is individually available for $2,312,500, or both can be purchased together for $4,625,000, representing an exceptional value of $22 per square foot. The lots feature rectangular configurations, maximizing usable space and eliminating any land loss due to irregular shapes. Existing infrastructure includes readily available sidewalks, sewer, and other essential utilities, streamlining the development process. The property's location in Monterey County, with a Salinas, CA 93905 zip code, offers a strategic advantage for businesses seeking a well-connected and established industrial location. Prospective buyers are encouraged to verify permitted uses with the City of Salinas Planning Department to ensure compatibility with their intended project. This is a rare opportunity to secure a substantial and versatile industrial land holding in a thriving market. Don't miss this chance to acquire a valuable asset with significant development potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $36,845,948
    Hospitality
    $33,750,692
    Educational
    $28,080,178
    Medical
    $29,045,900
    Retail
    $43,680,280
743 La Guardia St, Salinas, California

Location Insight

City
Salinas
County
Monterey
State
California
Latitude
36.6584
Longitude
-121.609
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
$6,437
$513,419
-
$513,419
-
-
-
-

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