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Property profile & analytics
OFF-MARKET
Estimated value
$2,550,000
Manufacturing properties
1550 Moffett St, Salinas, CA 93905-3342
Entity Owned
12-yr Hold
Free & Clear
Property ID
US10-2854159
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1980
Construction
TILT-UP CONCRETE
Total area
30,484 SF
Lot
2.63 ac (114,452 SF)
APN
003-863-006-000
UPID
US10-2854159
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
-
92.7KTOM Radio Station Telecommunications Service
-
102.5 KDON Radio Station Telecommunications Service
-
Smile Business Products Inc Big Box & Wholesale Store
-
iHeart Media Radio Station Telecommunications Service
-
KION TV, KMUV TV, CW, Fox 35 Television Studio Media Distribution
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.32M
Blend (final)
Blend
$2.55M
Owner & transaction history
Npg Monterey-salinas Ca LLC · 12 yrs held
Npg Monterey-salinas Ca LLC
since 2014
5 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.55M
Range $2.30M – $2.81M · ±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
$84 / 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
$77,855
Tax year 2023
Assessed value
$6,703,532
Assessed 2023
Previous assessed
$6,703,532
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$2,061,955
Assessed improvement
$4,641,577
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
30,484 SF
Lot
2.63 ac (114,452 SF)
APN
003-863-006-000
UPID
US10-2854159
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
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
2.63 ac
Current owner
From public records · entity-resolved
Npg Monterey-salinas Ca LLC
Entity
Free & Clear · 12 yrs held
Mailing address
825 EDMOND ST, SAINT JOSEPH, MO 64501-2737
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2014
—
Npg Monterey-salinas Ca LLC
Npg Of California LLC
Quit Claim Deed
—
Dec 27, 2013
$4,800,000
Npg Of California LLC
Cowles California Media Co
Warranty Deed
—
Jun 23, 2008
$6,541,000
Cowles California Media Co
Newport Television LLC
Grant Deed
—
Mar 31, 2008
$1,100,000
Newport Television LLC
Ackerley Broadcasting Operatio
Grant Deed
—
Dec 14, 1989
—
Broadcas Cypress
Household,financ
Grant 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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