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Property profile & analytics
OFF-MARKET
Estimated value
$2,290,000
Warehouses
111 San Antonio Dr, King City, CA 93930-2516
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-1523604
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2020
Construction
WOOD
Total area
14,510 SF
Lot
1.43 ac (62,290 SF)
APN
026-521-038-000
UPID
US09-1523604
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
-
Santa Maria Seeds Inc Agricultural Supply Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.09M
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$2.29M
Owner & transaction history
Kelly L Silva · 6 yrs held
Kelly L Silva
since 2019
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 King City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs King City 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,345,000
6.5%
$3,090,000
7%
$2,870,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,350,000
Current use
Blend value · Realmo final
$2.29M
Range $2.06M – $2.52M · ±10%
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
$158 / 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
$35,487
Tax year 2023
Assessed value
$2,998,563
Assessed 2023
Previous assessed
$2,998,563
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$475,735
Assessed improvement
$2,522,828
Applied tax rate
2.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2020
Construction
WOOD
Heating
NONE
Stories
1
Total area
14,510 SF
Lot
1.43 ac (62,290 SF)
APN
026-521-038-000
UPID
US09-1523604
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.4M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2020
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.43 ac
Current owner
From public records · entity-resolved
Kelly L Silva
Individual
Mailing address
2390 A ST, SANTA MARIA, CA 93455-1009
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2019
—
Francis Invs Prop LLC
—
Deed
related
$951,000 · Coastal Busn Fin
Nov 27, 2019
—
Kelly L Silva
Oliver Petri
Quit Claim Deed
related
$1,325,000 · American Riviera Bk
Sep 12, 2018
—
Francis Invs Prop LLC
—
Trustees Deed
related
$927,500 · American Riviera Bk
Jun 22, 2018
—
Kelly L Silva
Gift Kelly S Trust
Quit Claim Deed
—
Nov 3, 2006
$249,500
Santa Maria Seeds INC
City Of King Cmnty Dev Agcy
Grant Deed
—
—
—
Francis Invs Prop LLC
—
Deed Of Trust
related
$951,000 · Coastal Busn Fin
—
—
Francis Invs Prop LLC
—
Deed Of Trust
related
$951,000 · Coastal Busn Fin
—
—
Francis Invs Prop LLC
—
Deed Of Trust
related
$1,325,000 · American Riviera Bk
—
—
Francis Invs Prop LLC
—
Deed Of Trust
related
$927,500 · American Riviera Bk
—
—
Francis Invs Prop LLC
—
Deed Of Trust
related
$1,325,000 · American Riviera 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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