Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    12 Lowr Ragsdale Dr Ste, Unit 31 Monterey, CA 93940-5824

    • Industrial properties
    • 1,575 SF
    OFF-MARKET
    Value Estimation
    $640,000
    Last Sale
    Nov 16, 2020
    $525,000
    Location Intelligence
    Property ID
    US09-5657560
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 12 Lowr Ragsdale Dr Ste

    Year built
    2017
    Construction
    WOOD
    Property size
    1,575 SF
    Property type
    Industrial properties
    APN
    259-034-031-000
    APU
    259034031000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $700,000

    • CAP approach

      CAP return
      Estimation
      6%
      $530,000
      6.5%
      $540,000
      7%
      $575,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $600,000
      Geo Method
      $545,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $575,000
      Retail
      $445,000
      Mixed-Use
      $440,000
      Hospitality
      $565,000
      Educational
      $520,000
      Residential Income
      $570,000
      Energy
      $545,000
      Income-Based Land
      $545,000
      Food Service
      $520,000

    Location Insight

    • Map
    • Local Demand
    City
    Monterey
    County
    Monterey
    State
    California
    Longitude
    -121.814
    Latitude
    36.5741
    CBSA code
    41500
    CBSA name
    SALINAS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,920
    $176,868
    $369,342
    $546,210
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6.94 Acres

      10 Ryan Ct

      CONDOMINIUMS (INDUSTRIAL) • 6.94 Acres
      10 Ryan Ct, Monterey, CA 93940-7866
      View Details
    • Value Estimation by Request
      25,920 SF

      2300 Gdn Rd

      CONDOMINIUMS (INDUSTRIAL) • 25,920 SF
      2300 Gdn Rd, Monterey, CA 93940-5326
      View Details
    • Value Estimation by Request
      30,000 SF

      2 Harris Ct

      CONDOMINIUMS (INDUSTRIAL) • 30,000 SF
      2 Harris Ct, Monterey, CA 93940-7884
      View Details
    • Value Estimation by Request
      25,720 SF

      8 Harris Ct, Unit 2

      CONDOMINIUMS (INDUSTRIAL) • 25,720 SF
      8 Harris Ct, Monterey, CA 93940-5713
      View Details
    • Value Estimation by Request
      0.16 Acres

      5 Harris Ct

      CONDOMINIUMS (INDUSTRIAL) • 0.16 Acres
      5 Harris Ct, Monterey, CA 93940-5750
      View Details
    • Value Estimation
      $520,000
      686 SF

      2969 Salinas Hwy, Unit D5

      CONDOMINIUMS (INDUSTRIAL) • 686 SF
      2969 Salinas Hwy, Monterey, CA 93940-5910
      View Details

    Similar Nearby for Sale

    • $3,700,000
      16,563 SF

      Monterey Commercial Corridor Opportunity

      Partially occupied commercial property in Monterey's commercial corridor.
      539 Ramona Ave, Monterey, CA 93940
      View Details
    • $5,750,000
      21,990 SF

      Monterey Commercial Estate - 6 Acres

      Prime Monterey commercial property, 21,990 sq ft, 6.85 acres.
      1249 Josselyn Canyon Rd, Monterey, CA 93940
      View Details
    • $1,650,000
      1,068 SF

      Monterey Medical Office Condos

      Two Medical Office Suites, Prime Location
      900 Cass St, Monterey, CA 93940
      View Details
    • $2,950,000
      7,873 SF

      Downtown Monterey Landmark Building

      Prime Retail/Office Space, Financing Available
      499 Alvarado St, Monterey, CA 93940
      View Details
    • $2,800,000
      5,033 SF

      Prime Monterey Multifamily Investment

      Iconic Monterey apartment building, downtown location.
      942 Munras Ave, Monterey, CA 93940
      View Details
    • $2,200,000
      5,049 SF

      Lighthouse Avenue Retail Opportunity

      Retail properties on Lighthouse Ave, Monterey, CA for sale.
      585-599 Lighthouse Ave, Monterey, CA 93940
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      1,309 SF

      Monterey Office and Warehouse Suites

      Office and warehouse suites available for lease in Monterey.
      8 Harris Ct, Monterey, CA 93940
      View Details
    • $1.00 SF/Yr
      21,000 SF

      Cannery Row Flexible Retail Space

      Unique location with flexible floor plan on Cannery Row.
      300 Cannery Row, Monterey, CA 93940
      View Details
    • $17 SF/Yr
      3,207 SF

      Downtown Monterey Medical Office Sublease

      ±3,207 SF Medical Office Space Available
      910 Major Sherman Ln, Monterey, CA 93940
      View Details
    • $24 SF/Yr
      1,752 SF

      Prime Monterey Executive Office Space

      Prestigious Monterey office, flexible suites.
      270 El Dorado St, Monterey, CA 93940
      View Details
    • $2.00 SF/Yr
      3,600 SF

      Monterey Office Space with Balcony

      Office space featuring direct elevator access and wraparound balcony.
      660 Camino Aguajito, Monterey, CA 93940
      View Details
    • $2 SF/Yr
      1,005 SF

      Professional Office Space For Rent

      Updated office space with easy access and good visibility.
      1900 Garden Rd, Monterey, CA 93940
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12 Lowr Ragsdale Dr Ste, Unit 31
    Monterey, CA 93940-5824
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.