Address
10200 Tembladera ST Castroville, CA
Price
$ 4,500,000
Property Attributes
  • ID#ML81865506
  • TypePending
  • CountyMONTEREY
  • CityCastroville
  • AreaCastroville
  • Zip95012
  • Style
  • Price$ 4,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage21500
  • Lot Size0.43 Acres
Listing Provided Courtesy Of:
Paul Burrowes with David Lyng Real Estate.
Data Source:
MLSListings - 40 - CA
Property Description

Pro Forma CAP rate 6.13%, existing rent are low. Potential to Add up to Additional Units per owner! Development Potential - Property consists of 4 APN#'s for a total of 1.56 acres. One block to Downtown Castroville, Mass Transit, Restaurants, Schools, Medical and Shopping are close by. Owner currently rents 20 units between one 12,500 sf and one 9,000 sf building plus outdoor storage. According to the 2015-2023 County of Monterey Housing Element Update, APN 030-141-025 is listed as an underutilized site, with potential for 46 units on all 4 parcels (030-141-025,027,034,035). In the Castroville Community Plan VOLUME I, the property is listed Mixed-use (MU-C). The Mixed-use designation provides for residential development on the same site or in the same building as commercial uses. Residential uses will generally be high density multi-family product type including flats, condos, and townhomes. Tax Credit project a plus. Max du/ac: 30, Min du/ac: 15, Max FAR 1.5:1.

Price History
10/5/2021 Listed $4,500,000

General Features

# of Buildings 2
Accessibility None
Age 34
City CASTROVILLE
City Limits (y/n) Yes
Cooling None
County Monterey
Heating Space Heater
Listing Agent State License 01955563
MLS Area Castroville
Number of Garage Spaces 20
Present Use Commercial, Industrial - Light, Manufacturing - Light
Property SubType Commercial Property
Property Type Commercial/Industrial
Restrictions None
Roof Flat / Low Pitch
Security Features Security Fence
Special Listing Conditions Not Applicable
Status Pending (Do Not Show)
Utilities Public Utilities
Virtual Tour https://www.tourfactory.com/idxr2924430
Virtual Tour https://www.tourfactory.com/2924430
Water Public
Year Built 1987
Zoning Text Multi-Family, Manufacturing (light), Mixed Use

Interior Features

Warehouse Sq Ft 20000

Exterior Features

Building Area Total 21500
Facilities Manager's Office, Multi-Tenant Building
Foundation Details Concrete Slab
Lot Acres 0.4339
Lot Size Area 18900.00
Lot Size Units Square Feet
Maximum Lot Size 18900.00
Meters Separate Electric, Separate Gas
Parking Features Common Parking Area, Guest / Visitor Parking, Room for Oversized Vehicle, Uncovered Parking
Parking Spaces 45
Sewer/Septic Sewer - Public
Yard Sqft 5000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 95012

Price
AVG $1.18M
$4.5M
Visits
AVG 24
6
Year Built
AVG 1974
1987
Walkscore
AVG 38
57
Data Provided by Walkscore ® not using MLS data

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