Financial
Distress signals
Property profile

1576 Sanborn Rd Salinas, CA 93905

OFF-MARKET
Retail space
Property ID
US09-2979437
60,691 SF 4.64 ac lot Built 2002
Last sale Jul 2013 · $22,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Boronda Plaza, located at 1576 N Sanborn Rd in Salinas, California (zip code 93905), offers exceptional retail space for lease. This Monterey County property boasts a total of 93,071 square feet across two suites. Currently, 3,483 square feet are vacant and available for lease. The property is categorized as commercial retail with multiple tenancies. Individual spaces range from a minimum of 1,500 square feet to a maximum contiguous space of 1,983 square feet, providing flexibility for

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$198k
Tax billed · 2023
Assessed value$14.52M
Assessed land$6.48M
Assessed improvement$8.04M
Effective rate1.36%

Value estimate

· Sep 2026
$11.12M
$10.01M – $12.23M
CAP approach$13.33M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$291/SF
County average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$145 – $451

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONTEREY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.7
Law Firm22.4
Dental Office19.5

Location

1576 Sanborn Rd Salinas, CA 93905-4761
County assessor Recorded deeds · 12 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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