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Property profile & analytics
FOR LEASE
Community centers
1301 Broadway St King City, CA 93930
Entity Owned
Free & Clear
Property ID
US10-3018242
For Lease
1 / 2
Contact for pricing
1301 Broadway St, King City, CA 93930
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Property summary
AI-generated overview
The Forum at Broadway presents a unique opportunity for retail businesses seeking prime Monterey County locations. This planned renovated center boasts 18,793 square feet, divided into eleven adaptable units ranging from approximately 1,500 to 8,000 square feet. Currently, one space is available. Benefit from a strategic location with immediate access to US Highway 101 via the Broadway Street on/off ramp, ensuring high visibility and excellent accessibility. The center is anchored by a Starbucks, guaranteeing consistent customer traffic. Its location is further enhanced by the proximity of popular fast-casual restaurants such as McDonald's, Taco Bell, and KFC. This thriving commercial hub serves as the gateway to Pinnacles National Park, Monterey County's renowned wine region, and a productive agricultural area, attracting a diverse mix of tourists and local residents. This combination of convenient access, strong anchor tenants, and a vibrant surrounding area makes The Forum at Broadway an exceptional investment opportunity for discerning businesses.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1977
Total area
2,614 SF
Lot
1.77 ac (77,101 SF)
APN
026-411-001-000
UPID
US10-3018242
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
-
California Water Service Co Water Utility Company
-
Starbucks Cafe & Coffee Shop
-
MichoacanA Pedir De Boca Grocery & Convenience Store Specialty Food Shop
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El Toro Taco Shop Restaurant
-
H&R Block Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nino Family LP
Nino Family LP
since 2025
Last sale
$2.4M
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$25,515
Tax year 2023
Assessed value
$2,102,355
Assessed 2023
Previous assessed
$2,102,355
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$972,339
Assessed improvement
$1,130,016
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1977
Heating
NONE
Stories
1
Units
1
Rooms
3
Bathrooms
2
Total area
2,614 SF
Lot
1.77 ac (77,101 SF)
APN
026-411-001-000
UPID
US10-3018242
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
1977
Heating
NONE
Stories
1
Units
1
Rooms
3
Bathrooms
2
Lot
1.77 ac
Current owner
From public records · entity-resolved
Nino Family LP
Entity
Free & Clear · 0 yrs held
Mailing address
40800 SE GORDON CRK RD, CORBETT, OR 97019-8753
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2025
$2,375,000
Nino Family LP
Live Oak Rentals LLC
Grant Deed
—
Aug 24, 2023
—
Corbett Ag LLC
Makat Investments LLC
Grant Deed
—
Jul 19, 2022
—
Makat Investments LLC
Live Oak Rentals LLC
Grant Deed
—
Feb 28, 2022
—
Live Oak Rentals LLC
1301 Broadway LLC
Grant Deed
$1,911,000 · Pacific Valley Bank
Sep 30, 2019
$2,000,000
1301 Broadway LLC
Kenneth R Weaver
Grant Deed
$250,000 · Hal Sweasey
Sep 30, 2019
—
Forum At Broadway LLC
—
Deed
related
$2,215,000 · Mufg Union Bk NA
Jun 20, 2019
—
Forum At Broadway LLC
Waldman Brent R Trust
Quit Claim Deed
related
—
Dec 13, 2006
—
Forum At Broadway LLC
Forum At Broadway LLC
Quit Claim Deed
related
—
Apr 6, 2005
—
The Fourm At Broadway LLC
Katherine L Greenberg
Grant Deed
$4,300,000 · South Valley National Bank
—
—
Forum At Broadway LLC
—
Deed Of Trust
related
$750,000 · San Benito Bank
—
—
1301broadway LLC
—
Deed Of Trust
related
$2,215,000 · Hal Sweasey
—
—
Forum At Broadway LLC
—
Loan Modification
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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