10050 Reese Circle, Salinas, California 93907, Salinas, 93907 - 0 bed, 0 bath
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Salinas, California 93907
Analysis of 10050 Reese Circle, Salinas, California 93907 is currently available with a list price of $1,950,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Salinas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property, built in 1962, consists of aging residential structures that appear to have original or significantly dated exteriors, including older windows and roofing. No interior images of the kitchen or bathrooms were provided, which typically suggests they have not been updated to modern standards. The listing's focus on the 2.04-acre lot's 'Light Industrial' zoning and development potential, combined with its current use as a firewood and storage yard, indicates that the value lies in the land rather than the condition of the homes, which likely require substantial rehabilitation.
Zoned for Light Industrial, this unique property supports a variety of uses including residential, storage, and retail, offering exceptional flexibility for business owners or developers.
Located immediately off Highway 101 in Prunedale, the property provides high visibility and convenient logistical access, which is ideal for commercial operations and retail firewood sales.
The sale includes three combined parcels totaling approximately 2.04 acres, providing a substantial footprint for custom business build-outs or multi-unit residential income opportunities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =17424, other record lot size in square feet = 43560.
With structures dating back to 1962, the existing homes and facilities may require significant modernization or clearing to realize the property's full industrial potential.
The requirement to purchase three separate parcels together may complicate financing and limit the buyer pool to specialized investors or cash-heavy developers.
Great location off Hwy 101 in Prunedale. The sale includes 3 Parcels consisting of 10030, 10050, and 10060 Reese Cir., present use Storage, 2 homes, and Retail Firewood. All Parcels are to be sold together approximately 2.04 Ac. combined. Zoned Light Industrial, this property has so much potential to build out to make this your dream business. Perfect for development or to live in one and rent out the additional space Parcel # 's 125-015-005-000,125-015-001-000, 125-015-005-000 are all included in the purchase.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1962 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 22, 2026
$1,950,000
$2,100,000
-7% Price Drop
Initial Listing
Jan 14, 2026
$2,100,000
Initial Listing