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Property profile & analytics
OFF-MARKET
Estimated value
$1,805,000
Gas stations
1050 Main St 1090, Salinas, CA 93901-2303
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US10-3188443
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
2000
Total area
1,382 SF
Lot
0.29 ac (12,500 SF)
APN
002-911-015-000
UPID
US10-3188443
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
-
Valley Center Shopping Center & Mall
-
Valley Gas Station Gas Station
-
Exxon Gas Station
-
Valley Center Chevron Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.81M
Owner & transaction history
1050 S Main St LLC · 1 yrs held
1050 S Main St LLC
since 2024
Last sale
$2.0M
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
$1,306 / 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
$22,674
Tax year 2023
Assessed value
$1,969,148
Assessed 2023
Previous assessed
$1,969,148
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,261,413
Assessed improvement
$707,735
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
2000
Heating
NONE
Stories
1
Units
1
Rooms
2
Bathrooms
1
Total area
1,382 SF
Lot
0.29 ac (12,500 SF)
APN
002-911-015-000
UPID
US10-3188443
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
2000
Heating
NONE
Stories
1
Units
1
Rooms
2
Bathrooms
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
1050 S Main St LLC
Entity
Mailing address
1050 S MAIN ST1A, SALINAS, CA 93901-2303
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2024
$1,950,000
1050 S Main St LLC
Sand Door Gas INC
Grant Deed
$1,635,000 · Celtic Bank Corporation
May 31, 2022
—
Sand Door Gas INC
—
Deed
related
$500,000 · Iron Door Gas INC
Sep 12, 2019
$1,300,000
Sand Door Gas INC
Iron Door INC
Grant Deed
$1,671,000 · Umpqua Bank
Dec 28, 2017
—
Iron Door Gas INC
—
Deed
related
$250,000 · Pacific Valley Bank
Sep 21, 2017
$2,000,000
Iron Door Gas INC
Bilal R Elchaarani
Grant Deed
$1,535,000 · Umpqua Bank
Oct 29, 2015
—
Elchaarani,bilal Living Trust
Elchaarani,bilal R
Quit Claim Deed
related
—
Jul 30, 2015
$1,250,000
Bilal R Elchaarani
Salinas Main Street LLC
Grant Deed
$625,000 · Wells Fargo Bank NA
Jul 30, 2015
—
Bilal Elchaarani
Elchaarani,zeina
Quit Claim Deed
related
—
Mar 23, 2015
$1,250,000
Salinas Main Street LLC
First American Title Co|k & G Services LLC
Trustees Deed
related
—
Jun 1, 2004
$2,100,000
K & G Services LLC
Anderson,lester D & Linda K
Grant Deed
$1,950,000 · Heritage Bank Of Commerce
—
—
Bilal R Elchaarani
—
Deed Of Trust
related
$3,000,000 · Private Individual
—
—
Lester D Anderson
—
Deed Of Trust
related
$1,000,000 · Chevron USA INC
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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