262 San Jose StSalinas, CA 93901

  • Healthcare properties
  • 3,444 SF
For Lease
$27/SF/YR View listing

Property Details for 262 San Jose St

Year built
1980
Construction
WOOD
Lot size
0.08 AC
Property size (Sq ft)
3,444 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
016-341-010-000
APU
16341010000

Description

This exceptional 1,500-square-foot medical office space is ideally situated at 262 San Jose St, Salinas, CA 93901, on the corner of Los Palos and San Jose Streets. Located in Monterey County, this ground-floor suite offers unparalleled convenience and accessibility. The property boasts a thoughtfully designed layout, including a welcoming waiting room, a dedicated reception area, five well-appointed exam rooms, and a private office. Each exam room and the office are equipped with built-in features and sinks, enhancing functionality and efficiency. The space can be leased partially furnished, including exam tables and other essential medical equipment. Additional amenities include a restroom, a secure storage closet, and designated parking in a monitored lot for staff. Utilities are included in the lease. The building's location directly across from Salinas Valley Health ensures high visibility and convenient access for patients. This single-tenancy property offers long-term lease options, making it an ideal location for established medical practices or new ventures seeking a turnkey solution. The property is classified as a medical office within the Los Palos Medical Village.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,031,338
    6.5%
    $952,004
    7%
    $884,004
  • Comparable approach

    Method
    Valuation
    Relative Method
    $960,566
    Geo Method
    $960,566
  • Alternative Use

    Use
    Valuation
    Residential
    $1,180,485
    Hospitality
    $1,081,318
    Educational
    $899,644
    Medical
    $930,584
    Retail
    $1,399,446
262 San Jose St, Salinas, California

Location Insight

City
Salinas
County
Monterey
State
California
Latitude
36.6578
Longitude
-121.646
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
$12,139
$273,307
$772,114
$1,045,421
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