Warehouses for sale in Salinas offer a unique investment opportunity for those looking to capitalize on the city's strong agricultural industry. As the "Salad Bowl of the World," Salinas is home to a diverse range of agricultural businesses, including major corporations like Taylor Farms, D'Arrigo Brothers Company, and Mann Packing Company. Warehouses in Salinas can represent a variety of investments, from storage and distribution facilities to light industrial and manufacturing spaces. With its ideal location near the Pacific Ocean and surrounded by mountain ranges, Salinas provides a unique combination of amenities, infrastructure, and geography that makes it an attractive place to invest in a warehouse. The city's strong educational institutions, such as Hartnell College and California State University, Monterey Bay, also provide a skilled workforce, while its rich history and cultural attractions, like the National Steinbeck Center, make it a great place to live and work. Additionally, Salinas is a great place for business and travel, with attractions like the California Rodeo Salinas and the historic Fox California Theater.
Salinas is home to 6 warehouses for sale, offering a range of options for investors. With an average price per square foot of $215 USD and an average size of 18,517 square feet, these warehouses provide a unique opportunity to invest in the city's growing agricultural industry. In addition to warehouses, Salinas also offers a range of other property types, including industrial properties, land, residential income homes, and commercial real estate. Industrial properties in Salinas offer a range of options for light industrial and manufacturing uses, while land provides opportunities for development and growth. Residential income homes in Salinas offer a range of options for investors, from single-family homes to apartment complexes, and commercial real estate provides opportunities for retail, office, and restaurant spaces. With its strong economy, rich history, and cultural attractions, Salinas is a great place to invest in any of these property types.
What are the key features investors look for in warehouses in Salinas?
When searching for warehouses in Salinas, investors typically look for properties with specific features that cater to the city's strong agricultural industry and strategic location.
- Average price per square foot, currently at $215 USD, and average size of 18,517 square feet, with some properties offering as much as 41,070 square feet of space.
- Proximity to major transportation hubs, including U.S. Route 101, California State Routes 68 and 183, Amtrak's Coast Starlight train station, and the Salinas Municipal Airport, ensuring easy access to markets and suppliers.
- A competitive average cap rate of 6.75%, providing a strong potential for returns on investment, along with the availability of 6 warehouse listings to choose from.
What size warehouses are available to buy in Salinas?
Warehouses for sale in Salinas range in size from 18,517 square feet to 41,070 square feet, with 6 available listings to choose from, offering a variety of options for businesses and investors looking to establish a presence in this agricultural hub.
How much does it cost to buy a warehouse in Salinas?
When it comes to buying a warehouse in Salinas, the cost can vary depending on factors such as size, location, and condition, but on average, you can expect to pay around $215 USD per square foot, with the average warehouse size being around 18,517 square feet, and the largest available warehouse space being around 41,070 square feet, with a cap rate of around 6.75%, and with 6 available listings to choose from.
