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Property profile & analytics
OFF-MARKET
Estimated value
$1,555,000
Flex space
1621 Freedom Blvd Freedom, CA 95019-3006
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2116508
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1942
Construction
WOOD
Total area
14,400 SF
Lot
0.64 ac (28,009 SF)
APN
016-013-09
UPID
US09-2116508
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
-
Mobile Auto Glass y Mas Auto Repair Shop (Bike/Boat/Book/etc) Store
-
Calderon's Tires and Wheels (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$1.56M
Owner & transaction history
Alfredo G Calderon · 3 yrs held
Alfredo G Calderon
since 2023
Last sale
$1.5M
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 Freedom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Freedom 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
$1,770,000
ML approach
$1,845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.56M
Range $1.40M – $1.71M · ±10% · vs last sale $1.45M (Mar 10 2023)
Last sale anchor
$1.45M
Mar 10 2023
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
$108 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$22,882
Tax year 2024
Assessed value
$1,942,699
Assessed 2024
Previous assessed
$1,942,699
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$736,886
Assessed improvement
$1,205,813
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1942
Construction
WOOD
Heating
NONE
Stories
1
Units
3
Total area
14,400 SF
Lot
0.64 ac (28,009 SF)
APN
016-013-09
UPID
US09-2116508
Jurisdiction
SANTA CRUZ
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
1942
Construction
WOOD
Heating
NONE
Stories
1
Units
3
Lot
0.64 ac
Current owner
From public records · entity-resolved
Alfredo G Calderon
Individual
Free & Clear · 3 yrs held
Mailing address
2666 EL CAMINO REAL N, SALINAS, CA 93907-1222
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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 10, 2023
—
Alfredo G Calderon
Alfredo Calderon
Intrafamily Transfer
related
—
Nov 14, 2019
—
Alfredo Calderon
—
Deed
related
$877,000 · Bank Of The West
Apr 11, 2008
—
Alfredo Calderon
Calderon,alfredo
Quit Claim Deed
related
—
Aug 24, 2005
$1,450,000
Alfredo Calderon
Jon H Friesell
Grant Deed
$760,000 · Velocity Commercial Capital LLC
Aug 24, 2005
—
Alfredo Calderon
Calderon,rubi
Quit Claim Deed
related
—
Dec 20, 1999
—
Friesell Trust
Friesell,jon H & Marcia M
Quit Claim Deed
related
—
—
—
Jon H Friesell
—
Deed Of Trust
related
$197,500 · Individual
—
—
Alfredo Calderon
—
Deed Of Trust
related
$791,581 · C-bass Mtg Ln Asset 2006-sc1
—
—
Alfredo Calderon
—
Deed Of Trust
related
$877,000 · Bank Of The West
—
—
Friesell,tr
—
Deed Of Trust
related
$837,300 · Sonoma National Bank
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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