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This is a rare opportunity to purchase 199 W. Laurel Drive in North Salinas. The property which is zoned (MAF) Mixed Arterial Frontage is comprised of +/- 2.54 Acres. There are two free standing buildings with frontage along Laurel Drive as well as an RV Storage Yard and Multiple Storage Units. Buildings are currently occupied by long term tenants on a month to month term. There is also an existing cell tower with multiple carriers under a long term lease. This property is located in the Focused Growth Overlay District FG-1 for N. Main and Laurel Drive which allows for multiple uses. Great property to realize an immediate cash flow and allow for future development opportunities.
Listing agent: Mike Handley DRE #01280498 mike@tncrealestate.com, Listing office: Town'N Country Realty
MLS data updated 10/21/2026, 1:26:55 AM PT
Source: CRMLS, MLS #: ML81938301
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 30, 2023
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,750,000Closed sale · Aug 30, 2023ZIP 93906 · Aug 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.