413 Moss Landing RdMoss Landing, CA 95039

Property Details for 413 Moss Landing Rd

Lot size

0.07 AC

Property type

Retail properties

Property subtype

Parking lots & garages

APN

133-193-002-000

APU

133193002000

Description

This exceptional investment opportunity presents a thriving restaurant located at 413 Moss Landing Rd, Moss Landing, CA 95039. The property boasts 2,071 square feet of net rentable space situated on a 16,250 square foot lot. Built in 1963, this single-story building is a single-tenancy property operating under a NNN lease. The asking price is $1,150,000, translating to $555.29 per square foot. The property's prime location along Highway 1 in the charming coastal town of Moss Landing ensures high visibility and consistent customer traffic. The existing restaurant benefits from a strong local following and caters to tourists, providing a stable income stream for investors. This turnkey operation offers immediate returns and significant long-term growth potential within a flourishing coastal community. The property's Assesor's Parcel Number (APN) is 133-193-009-000. This is a rare chance to acquire a well-established commercial property in a desirable location with a proven track record of success. Don't miss this opportunity to invest in a thriving coastal business.

• CAP approach

  CAP return

  Valuation

  6%

  $1,430,667

  6.5%

  $1,320,616

  7%

  $1,226,286

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,284,273

  Geo Method

  $2,284,273

• Alternative Use

  Use

  Valuation

  Residential

  $1,113,989

  Hospitality

  $1,020,408

  Educational

  $848,967

  Medical

  $878,164

  Retail

  $1,320,616

Location Insight

City

Moss Landing

County

Monterey

State

California

Latitude

36.7915

Longitude

-121.784

CBSA code

41500

CBSA name

SALINAS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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