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Property profile & analytics
OFF-MARKET
Drive through restaurants
1039 Alisal St Salinas, CA 93905-2713
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US10-2550148
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1937
Construction
WOOD
Total area
1,114 SF
Lot
0.17 ac (7,491 SF)
APN
004-111-027-000
UPID
US10-2550148
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
-
Force Cash Advance Loan Service
-
Club Actitud Positiva herbalife (Bike/Boat/Book/etc) Store Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Yadira Vega · 8 yrs held
Yadira Vega
since 2017
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,807
Tax year 2023
Assessed value
$722,145
Assessed 2023
Previous assessed
$722,145
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$441,871
Assessed improvement
$280,274
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1937
Construction
WOOD
Heating
NONE
Units
1
Total area
1,114 SF
Lot
0.17 ac (7,491 SF)
APN
004-111-027-000
UPID
US10-2550148
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
1937
Construction
WOOD
Heating
NONE
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Yadira Vega
Individual
Mailing address
11 ALEXANDER ST STE B, WATSONVILLE, CA 95076-4626
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2017
—
Yadira Vega
Garcia,francisco E
Quit Claim Deed
related
—
Dec 4, 2007
$572,000
Francisco E Garcia
Melano,jose G
Grant Deed
$400,000 · Santa Cruz County Bank
May 11, 2004
—
Jose Melano
Melano,san J
Quit Claim Deed
related
—
May 7, 2002
—
Melano Jose G
Melano,antonio & Dora
Quit Claim Deed
related
$112,363 · Jose G & San Juana Melano
Jun 12, 1997
—
Antonio Melano
Melano,antonio & Dora
Quit Claim Deed
related
—
Apr 24, 1996
$125,000
Antonio Melano
Pedrazzi,robert
Grant Deed
$81,250 · Sanchez Trust
Sep 1, 1995
—
Paul V Pedrazzi Trust
Pedrazzi Trust
Quit Claim Deed
related
—
—
—
Jose Melano
—
Deed Of Trust
related
$105,000 · Sanchez Trust
—
—
Jose Melano
—
Deed Of Trust
related
$110,000 · Inca Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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