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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Medical Office Space
17615 Moro Rd, Salinas, CA 93907-8541
Trust Owned
21-yr Hold
~
Est. High Equity
Property ID
US10-3118938
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Total area
5,366 SF
Lot
2 ac (87,120 SF)
APN
127-011-021-000
UPID
US10-3118938
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
-
Dr. Catherine Petronijevic, DO Pediatrician Physician
-
Dr. Adelheid T. Ebenhoech, MD Pediatrician Physician
-
Brooks Robin P MD Physician
-
Catherine Crisman Petronjevic Pediatrician Physician
-
Natividad Medical Group Prunedale Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.05M
Owner & transaction history
Petronijevic 1989 Trust · 21 yrs held
Petronijevic 1989 Trust
since 2004
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.7M
+2.0%
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%
$1,505,000
6.5%
$1,390,000
7%
$1,290,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,660,000
Current use
COMMERCIAL (GENERAL)
$1,695,000
Change: +2% · Conversion: Easy
OFFICE BUILDING
$1,575,000
Change: -5% · Conversion: Easy
RETAIL STORES
$1,565,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±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
$196 / 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
$17,716
Tax year 2023
Assessed value
$1,569,000
Assessed 2023
Previous assessed
$1,569,000
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$775,000
Assessed improvement
$794,000
Applied tax rate
99.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1999
Heating
CENTRAL
Stories
1
Units
1
Rooms
4
Bathrooms
2
Total area
5,366 SF
Lot
2 ac (87,120 SF)
APN
127-011-021-000
UPID
US10-3118938
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.6M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
CENTRAL
Stories
1
Units
1
Rooms
4
Bathrooms
2
Lot
2 ac
Current owner
From public records · entity-resolved
Petronijevic 1989 Trust
Trust
Mailing address
6393 TUSTIN RD, SALINAS, CA 93907-8587
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2022
—
Steven Petronijevic
—
Deed
related
$600,000 · Mechanics Bank
Aug 27, 2004
$1,470,000
Petronijevic 1989 Trust
Fehr Trust
Grant Deed
$1,000,000 · Community Bank Central Ca
Mar 31, 2004
—
Fehr,tr
Fehr,tr
Quit Claim Deed
related
—
Nov 2, 2001
—
Fehr Trust
Fehr,dale J & Jeanne L
Quit Claim Deed
related
—
Jan 22, 1999
$427,000
Fehr Trust
Slingerland,nicolaas
Trustees Deed
—
Jan 22, 1999
—
Glenn,ronald E & Linda
Slingerland,nicolaas
Trustees Deed
related
—
—
—
Petronijevic Family 1989 Trust
—
Deed Of Trust
related
$516,000 · California Statewide Certified
—
—
Petronijevic Family 1989 Trust
—
Deed Of Trust
related
$835,000 · Rabobank
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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