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Property profile & analytics
FOR LEASE
Manufacturing properties
100 Don Bates Way, King City, CA 93930
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-3114045
For Lease
1 / 2
$41,840,000
100 Don Bates Way, King City, CA 93930
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1997
Total area
400,320 SF
Lot
19.73 ac (859,438 SF)
APN
026-521-010-000
UPID
US09-3114045
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$41.84M
Owner & transaction history
Henderson Beltway LLC · 8 yrs held
Henderson Beltway LLC
since 2018
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 King City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs King City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$105 / 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
$189,477
Tax year 2023
Assessed value
$15,769,587
Assessed 2023
Previous assessed
$15,769,587
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$7,105,636
Assessed improvement
$8,663,951
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
For Lease
Year built
1997
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
400,320 SF
Lot
19.73 ac (859,438 SF)
APN
026-521-010-000
UPID
US09-3114045
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
1997
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
19.73 ac
Current owner
From public records · entity-resolved
Henderson Beltway LLC
Entity
Mailing address
1971 W 190TH ST STE #100, TORRANCE, CA 90504-6235
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2023
—
Henderson Beltway LLC
—
Deed
related
$17,500,000 · Hanmi Bank
Dec 21, 2018
—
Henderson Beltway LLC
—
Deed
related
—
Feb 1, 2018
$14,072,500
Henderson Beltway LLC
100dbwkc LLC
Grant Deed
$8,500,000 · Marcil Family Trust (pt)
Feb 2, 2016
$9,575,000
100dbwkc LLC
Kirst Philip P & C Trust
Grant Deed
$7,350,000 · Miscellaneous Ins Co
Feb 2, 2016
—
Colleen Kirst
Kirst,philip P
Affidavit Of Death
related
—
Apr 10, 1998
$9,800,000
Kirst Trust
Southstar Properties INC
Grant Deed
$7,350,000 · Metropolitan Life Insurance
Feb 18, 1998
$1,182,500
Southstar Properties INC
Van Valkenburgh,john E
Trustees Deed
related
—
Nov 25, 1996
—
Carl D Panattoni
—
Grant Deed
related
$7,200,000 · Wells Fargo Bank
Sep 23, 1996
$1,578,500
Carl D Panattoni
Community Redev Agency
Grant Deed
—
—
—
Henderson Beltway LLC
—
Deed Of Trust
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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