9825 Blue Larkspur LnMonterey, CA 93940

Property Details for 9825 Blue Larkspur Ln

Lot size

0.15 AC

Property type

Office buildings

APN

173-124-003-000

APU

173124003000

Description

This exceptional ground-level executive office suite, located at 9825 Blue Larkspur Ln., Ste 100, Monterey, CA 93940, presents a unique leasing opportunity. The 93940 zip code location offers convenient access to local amenities and businesses. The single-tenancy space boasts high-end finishes and is in pristine, move-in ready condition. Ideal for a professional business, the suite features three private executive offices, perfect for senior management or individual professionals. A spacious conference room provides a dedicated area for meetings and presentations, while a welcoming reception area ensures a professional first impression. The suite's functionality is further enhanced by a fully equipped kitchen, convenient for staff and clients, and two interior bathrooms for added privacy and comfort. This turnkey solution eliminates the need for extensive renovations or upgrades, allowing businesses to focus on operations from day one. The property's location in Monterey, California, offers a desirable work environment. This is an excellent opportunity to secure a sophisticated and well-appointed office space in a prime location. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,956,667

  6.5%

  $1,806,154

  7%

  $1,677,143

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,822,398

  Geo Method

  $1,822,398

• Alternative Use

  Use

  Valuation

  Residential Income

  $2,239,632

  Hospitality / Lodging

  $2,051,490

  Institutional / Educational

  $1,706,816

  Healthcare / Senior Housing

  $1,765,516

  Retail / Commercial

  $2,655,047

Location Insight

City

Monterey

County

Monterey

State

California

Latitude

36.5718

Longitude

-121.802

CBSA code

41500

CBSA name

SALINAS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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