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.
Built in 1962 (62 years old) with no evidence of recent renovations. Interior shows original wood paneling and dated carpeting. The listing emphasizes development potential and industrial zoning, suggesting the existing structures require significant rehab or are secondary to land value.
The rare Light Industrial zoning provides immense flexibility for commercial development, allowing a buyer to establish a custom business headquarters or industrial facility.
The inclusion of three contiguous parcels totaling over 2 acres offers significant scale and the unique ability to generate rental income from existing homes while developing the remaining land.
Located directly off Highway 101 in Prunedale, the property offers exceptional visibility and logistical convenience for commercial transport and customer access.
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 and a modest square footage, the existing improvements likely require significant modernization or removal to meet contemporary industrial standards.
The mixed-use nature of the property—combining residential homes with industrial zoning and retail firewood use—may present challenges for traditional residential lending, likely requiring commercial financing.
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