Technical
Financial
Distress signals
Property profile

1098 Del Monte Ave Monterey, CA 93940

OFF-MARKET
Other investment properties
Property ID
US09-0234777
4,371 SF 0.21 ac lot Built 1979
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This retail storefront unit is configured for walk-in tenant use and features polished concrete floors. The space includes access to a shared bathroom. The unit is located near Monterey Bay and the beach and is positioned along a commercial area with drive-by visibility.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1979
Total area 4,371 SF
Lot 0.21 ac (9,110 SF)
APN 001-821-004-000
UPID US09-0234777

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Garden Center Landscaping
  • Specialty Food Shop (Bike/Boat/Book/etc) Store

Location

1098 Del Monte Ave Monterey, CA 93940-2464
Monterey metro Census 13000 SALINAS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$930k
Comparable Approach Comparable
$749k
Blend (final) Blend
$970k

Owner & transaction history

since 2017
7 recorded transactions
2017
Price N/A
2017
Price N/A
2017
Price N/A
2017
Price N/A
2010
Price N/A
2003
Price N/A
2002
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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