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Property profile & analytics
OFF-MARKET
Estimated value
$4,625,000
Showrooms
1999 Fremont Blvd Seaside, CA 93955-3132
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-0563178
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2003
Construction
WOOD
Total area
18,750 SF
Lot
1.57 ac (68,389 SF)
APN
011-102-029-000
UPID
US09-0563178
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
-
World Market Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.36M
CAP Approach
CAP
$3.98M
Comparable Approach
Comparable
$5.01M
Blend (final)
Blend
$4.63M
Owner & transaction history
Encore Seaside Investors LLC · 4 yrs held
Encore Seaside Investors LLC
since 2022
Last sale
$5.0M
1 recorded transaction
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 Seaside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seaside 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
$4,395,000
ML approach
$4,355,000
CAP Approach
CAP Return
Estimation
6%
$4,315,000
6.5%
$3,980,000
7%
$3,695,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$7,480,000
Change: -10% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,415,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$4.63M
Range $4.16M – $5.09M · ±10% · vs last sale $5.00M (Jun 16 2022)
Last sale anchor
$5.00M
Jun 16 2022
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
$247 / 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
$55,909
Tax year 2023
Assessed value
$5,100,000
Assessed 2023
Previous assessed
$5,100,000
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$2,550,000
Assessed improvement
$2,550,000
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2003
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Rooms
4
Bathrooms
4
Total area
18,750 SF
Lot
1.57 ac (68,389 SF)
APN
011-102-029-000
UPID
US09-0563178
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
AUTO REPAIR, GARAGE
Est. value
$7.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.4M
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2003
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Rooms
4
Bathrooms
4
Lot
1.57 ac
Current owner
From public records · entity-resolved
Encore Seaside Investors LLC
Entity
Mailing address
5200 N PALM AVE STE 404TH FRESNO
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2022
$5,000,000
Encore Seaside Investors LLC
Wells Fargo Bank NA
Grant Deed
$3,000,000 · Central Valley Community 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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