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$999,000 Contingent
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Property Description
EXECUTIVE SUMMARY Bank-Owned REO - Motivated Seller - Priced to Sell This versatile 1-acre commercial property offers an exceptional opportunity for a variety of uses, including agriculture-related operations, food processing, or cannabis-related ventures. The motivated lender/seller has priced the property competitively to encourage a timely sale. The fully fenced and gated site features 5,568 square feet of total improvements, including a 3,264 SF main building that has been extensively renovated. Highlights include: -A former kitchen was in place and the hood system remains -ADA-compliant restrooms -Renovated office space -Storage and warehouse areas In addition, two self-contained modular structures ("PODS") - measuring 576 SF and 1,728 SF respectively - are installed on permanent foundations and provide an additional 2,304 SF of usable space. The property also includes a couple of freestanding, self-contained outbuildings, offering even more operational flexibility.
Full Property Details
Full Property Details for 991 Industrial Way
General
- Price: $999,000
- Status: Contingent
- Type: Industrial
- Source: RE_Infolink
- MLS ID: ML81989866
- Updated: 1/13/2026
- Added to Site: 374 day(s) ago
Rental Information
- Complex Features: Kitchen, Office, Restroom(s)
Interior
- Flooring: Concrete
Additional Information
- Extras: REO/Bank-Owned Property
- Security/Safety: Security Fence
Parking
- Parking Features: Common Parking Area, Uncovered Parking
Location
- Area: King City/Pine Canyon
- County: Monterey
- Cross Streets: Bitterwater Rd
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Master Electric, Master Water
Structural Information
- Foundation: Concrete Slab
- Roof: Metal
- Disability Access: Other
- Square Feet: 5,564
- Office: 3,264 Sq. Ft.
- Warehouse: 2,299 Sq. Ft.
- Year Built: 1987
Lot Features
- Lot Size (Acres): 0.99
- Minimum Lot Size: 43124
- Lot Size (Sq. Ft.): 43,124
- Yard Description: 38000 Sq. Ft.
- Present Use: Industrial, Manufacturing, Medical/Dental, Warehouse
- Zoning: Comm
Disclosures and Reports
- Restrictions: None
Listed by KW Coastal Estates, Monterey Peninsula Home Team
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Schools
Schools serving 991 Industrial Way
School Districts:King City Union Elementary School District, King City Joint Union High School District
| Name | Grades | Distance |
|---|---|---|
Santa Lucia Elementary School 502 Collins Street, King City, CA 93930 | K-5 | 1.3 mi |
Del Rey Elementary School, King City, CA 502 King Street, King City, CA 93930 | K-5 | 1.3 mi |
Chalone Peaks Middle School 667 Meyer Street, King City, CA 93930 | 6-8 | 1.3 mi |
King City High School 720 Broadway Street, King City, CA 93930 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 991 Industrial Way
Date
Details
Price
Change
Source
12/04/2025
Price Reduced
$999,000
-4.77%
MLS
11/18/2025
Price Reduced
$1,049,000
-4.64%
MLS
9/11/2025
Price Reduced
$1,100,000
-4.35%
MLS
6/27/2025
Price Reduced
$1,150,000
-8%
MLS
6/11/2025
Price Reduced
$1,250,000
-10.39%
MLS
4/16/2025
Price Reduced
$1,395,000
-6.69%
MLS
3/28/2025
Price Reduced
$1,495,000
-6.27%
MLS
1/31/2025
Price Reduced
$1,595,000
-3.33%
MLS
1/09/2025
Listed
$1,650,000
57.14%
MLS
10/15/2020
Sold
$1,050,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 991 Industrial Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,013
47%
$1,500,000
35%
2024
$12,959
-1%
$1,114,268
2%
2023
$13,145
6%
$1,092,420
2%
2022
$12,396
5%
$1,071,000
2%
2021
$11,839
123%
$1,050,000
133%
2020
$5,310
-60%
$450,000
-62%
2019
$13,440
163%
$1,173,000
171%
2018
$5,114
101%
$433,500
109%
2017
$2,547
3%
$207,110
2%
2016
$2,462
10%
$203,050
11%
2015
$2,236
1%
$183,136
2%
2014
$2,215
1%
$179,550
—
2013
$2,188
—
$178,739
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 991 Industrial Way
991 Industrial Way, King City, CA 93930 (MLS# ML81989866) is a Industrial property. 991 Industrial Way is currently listed for $999,000 and was received on January 09, 2025. Want to learn more about 991 Industrial Way? Do you have questions about finding other Industrial real estate for sale in King City? You can browse all King City real estate or contact a Coldwell Banker agent to request more information.
