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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Community centers
1275 Main St Salinas, CA 93901-2185
Trust Owned
Free & Clear
Property ID
US09-3136663
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1961
Construction
TILT-UP CONCRETE
Total area
21,637 SF
Lot
1.71 ac (74,521 SF)
APN
016-101-022-000
UPID
US09-3136663
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
-
Salinas Recycling Recycling Center Waste Management Facility
-
Central Coast Satellite Telecommunications Service
-
Star Market Grocery & Convenience Store Food Market
-
Cardtronics ATM Atm
-
First Class iRepairs Computer & Electronic Repair Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$556k
Blend (final)
Blend
$595k
Owner & transaction history
Ow Family Trust
Ow Family Trust
since 2026
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
by Request
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$855,000
Current use
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$27 / 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
$14,776
Tax year 2023
Assessed value
$1,256,952
Assessed 2023
Previous assessed
$1,256,952
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$594,378
Assessed improvement
$662,574
Applied tax rate
5.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
21,637 SF
Lot
1.71 ac (74,521 SF)
APN
016-101-022-000
UPID
US09-3136663
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$855,000
NEIGHBORHOOD: SHOPPING CENTER 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
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
1.71 ac
Current owner
From public records · entity-resolved
Ow Family Trust
Trust
Free & Clear · 0 yrs held
Mailing address
270 BRIARWOOD DR, WATSONVILLE, CA 95076-1009
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2026
—
Ow Family Trust
Ow Edwina
Grant Deed
—
Apr 7, 2026
—
Ow Family Trust
Tai Ow
Deed
—
Jan 10, 2019
—
Matlock-ow Trust
Matlock,paul S
Quit Claim Deed
related
—
Dec 27, 2016
—
Galeste,gregory P Living Trust
Din,patricia
Quit Claim Deed
related
—
Apr 7, 2011
—
Pottenger J P & Din A D Trust
Din Oi H Living Trust
Quit Claim Deed
related
—
Feb 24, 2011
—
Kong Gordon Living Trust
Kong R S & I S Family Trust
Quit Claim Deed
related
—
Oct 26, 2010
—
Kong Ink S Family Trust
Kong,ink S
Affidavit Of Death
related
—
Mar 24, 2010
—
Roberta A Gong
Din,oi H
Affidavit Of Death
related
—
Oct 23, 2008
—
Herman Family Trust
Ow,nellie
Quit Claim Deed
related
—
Jun 9, 2008
—
Ink S Kong
Kong,richard S
Affidavit Of Death
related
—
Nov 14, 2007
—
Ow Family Trust
Ow,gilbert & Edwina
Quit Claim Deed
related
—
Jul 7, 2006
—
Gong Henry Trust
Gong Family Trust
Quit Claim Deed
related
—
Feb 21, 2006
—
Henry Gong
Gong,edna O
Affidavit Of Death
related
—
Oct 20, 2005
—
Ow Family Trust
Ow,david & Alicia
Quit Claim Deed
related
—
Oct 19, 2005
—
Ow Shirley Trust
Ow,shirley
Quit Claim Deed
related
—
Jun 16, 2005
—
Gong Trust C
Gong Trust
Quit Claim Deed
related
—
Jun 2, 2005
—
David Ow
Ow Shing C Trust
Quit Claim Deed
related
—
Nov 5, 2004
—
Gong Trust
Gong,tom L
Affidavit Of Death
related
—
Jun 28, 2001
—
Gong Trust
Gong,tom L
Quit Claim Deed
related
—
Jan 5, 2001
—
Din Trust
Din,oi H
Quit Claim Deed
related
—
Aug 18, 2000
—
Kong Trust
Kong,victor
Quit Claim Deed
related
—
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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