700 Cass StMonterey, CA 93940
- Office properties
- 6,913 SF
Property Details for 700 Cass St
- Year built
- 1952
- Construction
- WOOD
- Property size (Sq ft)
- 6,913 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 001-591-058-000
- APU
- 1591058000
Description
This two-story, 2,240-square-foot office building at 700 Cass St, Monterey, CA 93940, offers multiple suites for lease in Monterey County. The property features traditional office space, with a minimum divisible space of 400 square feet and a maximum contiguous space of 900 square feet. Currently, all 2,240 square feet are vacant and available for lease. Several suite options cater to small to medium-sized businesses. Suite 110 offers approximately 971 square feet at a rate of $2.00 per square foot, plus NNN charges. Suite 120 comprises approximately 900 square feet, also at $2.00 per square foot, plus NNN charges. Suite 201 is approximately 740 square feet and is available for $1,950 per month. Suite 202A is approximately 400 square feet and is available for $1,600 per month. Finally, Suite 202C, approximately 211 square feet, has an undisclosed lease rate. This exceptional location in Monterey provides easy access to local amenities and businesses. The property is ready for immediate occupancy. Contact us today to learn more about lease terms and availability for these versatile office suites.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,070,162
- 6.5%
- $1,910,919
- 7%
- $1,774,425
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,928,105
- Geo Method
- $1,928,105
-
Alternative Use
- Use
- Valuation
- Residential
- $2,369,540
- Hospitality
- $2,170,486
- Educational
- $1,805,819
- Medical
- $1,867,924
- Retail
- $2,809,051
Location Insight
- City
- Monterey
- County
- Monterey
- State
- California
- Latitude
- 36.5948
- Longitude
- -121.896
- CBSA code
- 41500
- CBSA name
- SALINAS, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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