0 Reservation and Imjin Marina, CA 93933

$4,200,000
0 Reservation and Imjin, Marina, CA 93933
ML81705789

Commercial Property for sale in Marina, CA

for $4,200,000. The lot size is 49.6 Acre(s).

Property Information

  • $4,200,000
  • Commercial
  • Commercial Land
  • Active
  • Lot size of 49.6 Acre(s)
  • Marina, CA
  • Monterey County
  • MLS/Web ID is ML81705789

Description

Mahoney & Associates is honored to represent the University of California Regents in the offering of a rare "Business Park" development opportunity in the Monterey Bay Area. The "West Campus" property is comprised of 3 lots (031-111-041, 031-111-042, 031-111-043) totaling approximately 49.63 acres, is irregular in shape, has 79 acre feet of water, and zoned Business Park. The suggested asking price is $4, 200, 000 and there is no minimum bid amount. Sealed Bid Sale Information: Bid Deadline: 5:00PM July 17, 2018 Bid Deposit: Shall be submitted with bid. Bid Opening: 10:00AM July 18, 2018 Due Diligence Period: July 18, 2018 - 5:00PM September 7, 2018 Close of Escrow: On or before September 19, 2018 Upon signing and submitting a bidder registration form, prospective bidders will be granted access to the full Bid Package. The addition of any condition or contingency to the bid form will invalidate your bid. Only all cash bids will be considered for the property.

Exterior 1

Road Frontage

  • City Street

† Excluded Feature

Listed By

Broker: BAIRD PARTNERSHIP, INC.

0 Reservation and Imjin, Marina, CA, 93933 is a Commercial Property for sale at $4,200,000 with a lot size of 49.6 Acre(s). 0 Reservation and Imjin has 0.0 baths. The property's zip code is 93933 which is in Marina, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Marina $762,886 82 % below $670,900 84 % below
Commerical listings in Marina $2,149,000 49 % below $2,149,000 49 % below

Get the facts about Marina, CA!

Population 19,744
Population Growth (since 2000) 1 %
Median Income $52,247
Median Age 35.32
Households w/ Children 28 %

Residential Dwellings

  • Owned 2969
  • Vacant 337
  • Rented 3890

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