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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Showrooms
16500 Tarpey Rd Royal Oaks, CA 95076-9015
Individually Owned
~
Est. High Equity
Property ID
US09-1150585
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1960
Construction
WOOD
Total area
682 SF
Lot
10 ac (435,600 SF)
APN
181-161-012-000
UPID
US09-1150585
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
$965k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$965k
Owner & transaction history
Gonzalez Abel
Gonzalez Abel
since 2026
Last sale
$962,500
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 Royal Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Royal Oaks 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
$965,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $963k (Jun 11 2024)
Last sale anchor
$963k
Jun 11 2024
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
$1,415 / 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
$11,120
Tax year 2023
Assessed value
$1,011,757
Assessed 2023
Previous assessed
$1,011,757
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$446,750
Assessed improvement
$565,007
Applied tax rate
52.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
NONE
Buildings
8
Stories
1
Rooms
3
Bathrooms
2
Total area
682 SF
Lot
10 ac (435,600 SF)
APN
181-161-012-000
UPID
US09-1150585
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
1960
Construction
WOOD
Heating
NONE
Stories
1
Buildings
8
Rooms
3
Bathrooms
2
Lot
10 ac
Current owner
From public records · entity-resolved
Gonzalez Abel
Individual
Mailing address
6360 TUSTIN RD, SALINAS, CA 93907-8585
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2026
—
Gonzalez Abel
Abel Gonzalez
Grant Deed
related
$3,000,000 · East Coast Community Bank
Jun 11, 2024
—
Abel Gonzalez
Abel Gonzalez
Intrafamily Transfer
related
—
Dec 10, 2019
—
Alvaro G Gonzalez
Patricia N De Gonzalez
Quit Claim Deed
related
—
Dec 10, 2019
$962,500
Alvaro G Gonzalez
Sean P Johnson
Grant Deed
—
Jun 8, 2016
—
Sean P Johnson
Johnson Faye T 1998 Trust
Quit Claim Deed
related
—
Jun 25, 2014
—
Johnson,faye T 1998 Trust
Johnson,faye A
Affidavit Of Death
related
—
Jun 23, 2011
—
Johnson Faye T 1998 Trust
Johnson Faye T 1998 Trust
Quit Claim Deed
related
—
Aug 28, 2009
—
Johnson Faye T 1998 Trust
Johnson,faye A T
Quit Claim Deed
related
—
Oct 19, 1999
$620,000
Johnson,faye A
Renz Trust
Trustees Deed
$50,000 · Seller
Oct 19, 1999
—
Faye A Johnson
Johnson,james
Quit Claim Deed
related
—
Sep 2, 1992
$500,000
Renz Trust
Mcnary,louise
Grant Deed
$250,000 · Seller
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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