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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Investment properties
1221 10th St Monterey, CA 93940-3639
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-2893385
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1935
Construction
TILT-UP CONCRETE
Total area
2,683 SF
Lot
0.09 ac (4,100 SF)
APN
001-854-009-000
UPID
US09-2893385
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
-
Aguajito Veterinary Hospital Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$490k
CAP Approach
CAP
$570k
Comparable Approach
Comparable
$905k
Blend (final)
Blend
$655k
Owner & transaction history
Rkms Investments LLC · 9 yrs held
Rkms Investments LLC
since 2017
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 Monterey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monterey 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
$490,000
CAP Approach
CAP Return
Estimation
6%
$615,000
6.5%
$570,000
7%
$530,000
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$244 / 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
$21,577
Tax year 2023
Assessed value
$1,968,560
Assessed 2023
Previous assessed
$1,968,560
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,066,303
Assessed improvement
$902,257
Applied tax rate
3.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1935
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Rooms
7
Bathrooms
3
Total area
2,683 SF
Lot
0.09 ac (4,100 SF)
APN
001-854-009-000
UPID
US09-2893385
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
1935
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Rooms
7
Bathrooms
3
Lot
0.09 ac
Current owner
From public records · entity-resolved
Rkms Investments LLC
Entity
Mailing address
34501 7TH ST, UNION CITY, CA 94587-3673
Ownership since
2017
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
Jul 7, 2017
$1,800,000
Rkms Investments LLC
William Thomas D Trust
Grant Deed
$1,440,000 · Bank Of America
Apr 4, 2017
—
Clara J Williams
Williams,thomas D
Affidavit Of Death
related
—
May 24, 2016
—
Williams,thomas D Trust
—
Deed
related
$250,000 · Bank Of America
Oct 2, 2013
—
Williams,thomas D Trust
Williams,thomas D
Quit Claim Deed
related
—
Jul 24, 2006
—
Williams Tom & N Family Trust
Williams,thomas D
Quit Claim Deed
related
—
Jun 27, 2002
—
Thomas D Williams
Williams,anne L
Quit Claim Deed
related
—
—
—
Williams,thomas D Trust
—
Deed Of Trust
related
$250,000 · Bank Of America
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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