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Property profile & analytics
OFF-MARKET
Estimated value
$3,595,000
Industrial land
150 Don Bates Way King City, CA 93930-2514
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-4413063
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
4.2 ac (182,952 SF)
APN
026-521-011-000
UPID
US09-4413063
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.60M
Owner & transaction history
150 Don Bates LLC · 5 yrs held
150 Don Bates LLC
since 2021
Last sale
$3.5M
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
$3,635,000
ML approach
$3,745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.60M
Range $3.24M – $3.95M · ±10% · vs last sale $3.50M (Mar 30 2021)
Last sale anchor
$3.50M
Mar 30 2021
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
—
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
$30,002
Tax year 2023
Assessed value
$2,536,994
Assessed 2023
Previous assessed
$2,536,994
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,346,250
Assessed improvement
$1,190,744
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
4.2 ac (182,952 SF)
APN
026-521-011-000
UPID
US09-4413063
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
Heating
NONE
Lot
4.2 ac
Current owner
From public records · entity-resolved
150 Don Bates LLC
Entity
Mailing address
150 DON BATES WAY, KING CITY, CA 93930-2514
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Mar 24, 2026
—
150 Don Bates LLC
—
Deed
related
$1,000,000 · The Henry And Patricia Borzini Family Tr
Jan 22, 2024
—
150 Don Bates LLC
—
Deed
related
$462,148 · Chris Madson
Mar 30, 2021
$3,500,000
150 Don Bates LLC
Baruck Bros Investents LLC
Grant Deed
$2,333,333 · Baruck Bros Investments LLC
May 26, 2016
—
City Of King Community Dev Age
Stewart Title Of California In
Quit Claim Deed
related
—
May 26, 2016
$500,000
Baruck Bros Investments LLC
City Of King Community Dev Age
Grant Deed
—
Sep 19, 2007
$509,855
Community Dev Agency
Powers,michael
Trustees Deed
related
—
Jan 17, 2003
$450,000
Ecoterra Global Ltd
Community Dev Agy City Of King
Grant Deed
$450,000 · Community Dev Agy City Of King
—
—
Ecoterra Global Ltd
—
Deed Of Trust
related
$775,000 · Acm Investors Services INC
—
—
Ecoterra Global Ltd
—
Deed Of Trust
related
$350,000 · Burgstrom Trust
—
—
Ecoterra Global Ltd
—
Deed Of Trust
related
$387,500 · Levitz Gene M (te)
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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