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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Retail space
214 Bassett St King City, CA 93930-3047
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0945573
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Construction
WOOD
Total area
1,505 SF
Lot
0.17 ac (7,500 SF)
APN
026-193-005-000
UPID
US09-0945573
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
$505k
CAP Approach
CAP
$335k
Comparable Approach
Comparable
$402k
Blend (final)
Blend
$505k
Owner & transaction history
Kimberly Oddallys Bonilla Morales · 1 yrs held
Kimberly Oddallys Bonilla Morales
since 2024
Last sale
$502,500
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$625,000
+42.0%
Auto repair, garage
$600,000
+36.9%
Commercial (general)
$570,000
+30.3%
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 King City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs King City 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
$505,000
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
$365,000
6.5%
$335,000
7%
$310,000
Alternative Use
Use
Estimation
RETAIL STORES
$440,000
Current use
OFFICE BUILDING
$625,000
Change: +42% · Conversion: Easy
AUTO REPAIR, GARAGE
$600,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$570,000
Change: +30% · Conversion: Easy
MEDICAL BUILDING
$465,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $503k (Sep 27 2024)
Last sale anchor
$503k
Sep 27 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
$336 / 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
$3,218
Tax year 2023
Assessed value
$273,278
Assessed 2024
Previous assessed
$273,278
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$88,627
Assessed improvement
$184,651
Applied tax rate
2.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
1,505 SF
Lot
0.17 ac (7,500 SF)
APN
026-193-005-000
UPID
US09-0945573
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
RETAIL STORES Current
Est. value
$440,000
OFFICE BUILDING
Est. value
$625,000
AUTO REPAIR, GARAGE
Est. value
$600,000
COMMERCIAL (GENERAL)
Est. value
$570,000
MEDICAL BUILDING
Est. value
$465,000
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1900
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
4
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Kimberly Oddallys Bonilla Morales
Individual
Mailing address
12 YERBA BUENA CT, SEASIDE, CA 93955-4028
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2024
$502,500
Kimberly Oddallys Bonilla Morales
Maria T Vega
Grant Deed
$351,750 · Maria T Vega Family Trust
Aug 16, 2021
—
Maria T Vega
Maria T Vega
Intrafamily Transfer
related
—
Oct 21, 2009
—
Maria T Ochoa
Ochoa,salvador
Quit Claim Deed
related
—
Nov 8, 2000
$185,000
Salvador Ochoa
Salmina,james P & Elda A
Grant Deed
$165,000 · Seller
Jul 29, 1997
$130,000
James P Salmina
Salcido,thomas & Sharise
Grant Deed
—
Sep 6, 1995
$88,500
Thomas Salcido
Beneficial California INC
Grant Deed
$90,000 · Individual
May 4, 1995
$97,005
Beneficial Ca INC
Castillo,ernest & Sandra F
Trustees Deed
related
—
—
—
Ernest Castillo
—
Deed Of Trust
related
$88,500 · Beneficial California INC
—
—
Salvador Ochoa
—
Deed Of Trust
related
$200,000 · Pacific Valley 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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