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1584 Moffett St - Phase III 0.42 Acres of Commercial Land Offered at $950,000 in Salinas, CA 93905



Investment Highlights
- Includes an undivided interest in Parcel 2 of the project and reciprocal agreements for parking and access through the Project
- City Sewer, City fire line, electricity, gas, located within close proximity to building area
- Excellent Owner/User opportunity
- Domestic Water located at Moffett Street
- Zoned IBP – Flexible zoning allowing for office or Light Industrial
- Phase I built in 2006, Phase II built in 2007
Executive Summary
Property Facts
| Price | $950,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.42 AC |
| Property Type | Land | ||
| Zoning | IBP - Flexible zoning allowing for office or Light Industrial | ||
| Price | $950,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.42 AC |
| Zoning | IBP - Flexible zoning allowing for office or Light Industrial |
1 Lot Available
Lot
| Price | $950,000 | Lot Size | 0.42 AC |
| Price Per AC | $2,254,042.45 |
| Price | $950,000 |
| Price Per AC | $2,254,042.45 |
| Lot Size | 0.42 AC |
Rare opportunity to purchase industrial/commercial development opportunity in Salinas. Located directly across from Salinas Municipal Airport.
Description
Rare opportunity to purchase industrial/commercial development opportunity in Salinas. The property represents Phase III, (the final phase of construction) for the Moffett Street Commercial Center (“Project”), one of Salinas’ premier office and light industrial developments. Newer concrete-tilt construction and immaculate maintenance of the Center presents pride of ownership to all property owners within the development. Approximately 18,359 SF of buildable area currently comprised of 11 Condo Units. The sale includes an undivided interest in Parcel 2 of the project and reciprocal agreements for parking and access through the Project.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $763,051 | Total Assessment | $763,051 |
Property Taxes
Presented by
1584 Moffett St - Phase III
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