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Property profile & analytics
OFF-MARKET
Estimated value
$1,760,000
Manufacturing properties
1 Harris Pl Salinas, CA 93901-4587
Entity Owned
27-yr Hold
Free & Clear
Property ID
US09-1497997
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1999
Total area
12,500 SF
Lot
1 ac (43,560 SF)
APN
177-191-001-000
UPID
US09-1497997
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Parabug Big Box & Wholesale Store Agricultural Supply
-
SMS Industrial General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.81M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.76M
Owner & transaction history
Burger Family LP · 27 yrs held
Burger Family LP
since 1998
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salinas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salinas submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,955,000
6.5%
$1,805,000
7%
$1,680,000
Blend value · Realmo final
$1.76M
Range $1.58M – $1.94M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$141 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$19,894
Tax year 2023
Assessed value
$1,705,732
Assessed 2023
Previous assessed
$1,705,732
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$242,157
Assessed improvement
$1,463,575
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1999
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
12,500 SF
Lot
1 ac (43,560 SF)
APN
177-191-001-000
UPID
US09-1497997
Jurisdiction
MONTEREY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
1 ac
Current owner
From public records · entity-resolved
Burger Family LP
Entity
Free & Clear · 27 yrs held
Mailing address
2019 PIN OAK PL, DANVILLE, CA 94506-2119
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 1998
—
Burger Family LP
Burger Trust
Quit Claim Deed
related
—
Apr 13, 1995
—
Robert T Tanimura
Tanimura & Antle Ptshp
Quit Claim Deed
related
$44,700,000 · Bank Of America
Mar 24, 1995
$150,000
Burger Trust
Jeffrey W Ramsey & Assoc
Grant Deed
—
Mar 4, 1991
$576,500
Tanimura,trust
Tanimura,& Antle
Trustees Deed
related
$94,598 · Seller
Oct 26, 1990
$1,153,000
Antle Robert V
Tanimura,& Antle
Grant Deed
related
$1,043,238 · Seller
—
—
Tom T Tanimura
—
Deed Of Trust
related
$433,315 · Seller
—
—
Robert Tanimura
—
Deed Of Trust
related
$440,106 · Seller
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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