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Financial
Distress signals
Property profile

16 Gabilan St Salinas, CA 93901

OFF-MARKET
Hotels
Property ID
US09-3589825
11,341 SF 0.1 ac lot Built 1930
Last sale Sep 2011 · $850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional three-story commercial property, situated on a 0.1-acre lot in Salinas, California's vibrant Oldtown district, presents a unique investment opportunity. Built in 1930, this historic hotel boasts a rich history and prime location near restaurants, shopping, entertainment, and high foot traffic areas. The ground floor comprises approximately 3,479 square feet of retail space, currently occupied by a thriving restaurant and coffee shop. The upper two floors offer 32 rentable…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$608k
Assessed land$139k
Assessed improvement$469k
Effective rate1.44%

Value estimate

· Oct 2026
$600k
$540k – $660k
Submarket $/SF estimate$452k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$798/SF
County average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$275 – $1,655

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONTEREY

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service15.0
Kitchen & Bath12.8
Pharmacy11.4

Location

16 Gabilan St Salinas, CA 93901-3415
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
545 Work, Salinas, CA 93901-4351 $12,000,000 Apr 2024 3,613 SF
131 John, Salinas, CA 93901-3337 $5,050,000 Oct 2021 13,662 SF
219 John, Salinas, CA 93901-3322 $3,200,000 Aug 2019 13,354 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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