1200 Piedmont AvePacific Grove, CA 93950

Property Details for 1200 Piedmont Ave

Year built

1989

Construction

WOOD

Lot size

0.22 AC

Property size (Sq ft)

6,469 SF

Property type

Office properties

Property subtype

Office buildings

APN

007-613-037-000

APU

7613037000

Description

This exceptional office property at 1200 Piedmont Avenue in Pacific Grove, California, offers a unique opportunity for businesses seeking premium space. Located in Monterey County, this 7,414 square foot building boasts a variety of executive office suites, perfect for companies of all sizes. Currently, 4,311 square feet of contiguous space is immediately available, with a minimum divisible space of 1,146 square feet. The building, constructed in 1989, is situated on a 0.22-acre lot and features convenient elevator access. The property's multiple tenancy structure provides flexibility for various business needs. Its prime location in Pacific Grove, zip code 93950, offers easy access to local amenities and transportation. This is an ideal opportunity to establish or expand your business in a desirable and well-maintained office setting. The available space is ready for immediate occupancy, providing a seamless transition for your operations. Inquire today to learn more about this exceptional Pacific Grove office space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,937,202

  6.5%

  $1,788,187

  7%

  $1,660,459

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,804,269

  Geo Method

  $1,804,269

• Alternative Use

  Use

  Valuation

  Residential

  $2,217,352

  Hospitality

  $2,031,082

  Educational

  $1,689,837

  Medical

  $1,747,953

  Retail

  $2,628,635

Location Insight

City

Pacific Grove

County

Monterey

State

California

Latitude

36.6037

Longitude

-121.921

CBSA code

41500

CBSA name

SALINAS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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