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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Manufacturing properties
1099 Madison Ln, Salinas, CA 93907-1840
Trust Owned
6-yr Hold
Free & Clear
Property ID
US09-5204029
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2021
Total area
16,638 SF
Lot
1 ac (43,560 SF)
APN
261-052-013-000
UPID
US09-5204029
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
-
Central coast auto styling Auto Repair Shop
-
IC Details Salinas Car Wash
-
Signs by Van Wraps and Vehicle Graphics Marketing & Advertising Advertising Agency
-
Pure Janitorial General Contractor
-
US Med-Equip Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$730k
Owner & transaction history
Taormina Family Trust · 6 yrs held
Taormina Family Trust
since 2020
Last sale
$660,000
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 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
Method
Estimation
Statistic approach
$730,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$730k
Range $657k – $803k · ±10% · vs last sale $660k (May 8 2020)
Last sale anchor
$660k
May 8 2020
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
$44 / 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
$10,496
Tax year 2023
Assessed value
$911,780
Assessed 2023
Previous assessed
$911,780
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$368,120
Assessed improvement
$543,660
Applied tax rate
118.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2021
Heating
NONE
Stories
1
Total area
16,638 SF
Lot
1 ac (43,560 SF)
APN
261-052-013-000
UPID
US09-5204029
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
2021
Heating
NONE
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Taormina Family Trust
Trust
Free & Clear · 6 yrs held
Mailing address
PO BOX 400, MARINA, CA 93933-0400
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2020
—
Taormina Family Trust
Peter J Taormina
Quit Claim Deed
related
—
Feb 26, 2020
—
Bruno Family Trust
James B Bruno
Quit Claim Deed
related
—
Nov 19, 2019
—
James Bruno Bartolo
—
Deed
related
$2,900,000 · Cogent Bank
Sep 27, 2019
—
Bruno,b & F Living Trust
Bruno,bart J
Quit Claim Deed
related
—
Mar 8, 2017
—
Bart J Bruno
Bruno,dianne
Quit Claim Deed
related
—
Mar 8, 2017
$660,000
Bart J Bruno
Kabo Development LLC
Grant Deed
$429,000 · Pinnacle Bank
—
—
Peter J Taormina
—
Deed Of Trust
related
$2,900,000 · Pinnacle Bk
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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