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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Showrooms
1040 State St Soledad, CA 93960-3047
Individually Owned
~
Est. High Equity
Property ID
US10-2550362
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1963
Construction
TILT-UP CONCRETE
Total area
3,145 SF
Lot
0.14 ac (6,000 SF)
APN
022-037-003-000
UPID
US10-2550362
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
-
FUTURE Harvesters and Packers, Inc. Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$570k
Blend (final)
Blend
$570k
Owner & transaction history
Raul Rivera
Raul Rivera
since 2025
Last sale
$570,000
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 Soledad submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Soledad 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
$570,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
$725,000
6.5%
$670,000
7%
$620,000
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $570k (Feb 16 2024)
Last sale anchor
$570k
Feb 16 2024
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
$181 / 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
$5,236
Tax year 2023
Assessed value
$428,878
Assessed 2023
Previous assessed
$428,878
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$241,244
Assessed improvement
$187,634
Applied tax rate
6.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Rooms
5
Bathrooms
2
Total area
3,145 SF
Lot
0.14 ac (6,000 SF)
APN
022-037-003-000
UPID
US10-2550362
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
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Rooms
5
Bathrooms
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Raul Rivera
Individual
Mailing address
1230 ADAMS ST, SALINAS, CA 93906-2702
Ownership since
2025
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 26, 2025
—
Raul Rivera
Raul Rivera
Deed
related
—
Feb 16, 2024
$570,000
Raul Rivera
A Oseguera Company INC
Grant Deed
$440,000 · David And Angela Tavarez 2000 Trust
Aug 24, 2018
$400,000
A Oseguera Co INC
Perez,elias & Esther P
Grant Deed
—
Jul 21, 2010
$450,000
Elias Perez
Lopez M & M Living Trust
Grant Deed
$350,000 · Consolidated Lenders
Jan 9, 1998
$80,000
Lopez Trust
Meza Trust
Grant Deed
—
Apr 26, 1996
—
Meza Trust
Meza,frank M & Rosa
Quit Claim Deed
related
—
—
—
Lopez Manuel Tr
—
Deed Of Trust
related
$288,000 · Consolidated Lenders
—
—
Lopez Manuel & M Living Trust
—
Deed Of Trust
related
$318,000 · Consolidated Lenders
—
—
Lopez Trust
—
Deed Of Trust
related
$107,500 · Consolidated Lenders
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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