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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Warehouses
216 Boronda Rd Salinas, CA 93907-1807
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-0949891
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Total area
15,000 SF
Lot
2.5 ac (108,900 SF)
APN
261-041-013-000
UPID
US09-0949891
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
-
High Industrial Park Warehouse & Storage
-
Ben's Auto Repair Auto Repair Shop
-
Chilango's Body Shop Auto Repair Shop
-
GARCIA'S AUTO BODY Auto Repair Shop
-
MAD Detailing Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$560k
Owner & transaction history
Khadijeh Ezizi · 4 yrs held
Khadijeh Ezizi
since 2022
Last sale
$610,000
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 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
$550,000
ML approach
$475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $610k (May 27 2022)
Last sale anchor
$610k
May 27 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
$37 / 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
$37,681
Tax year 2023
Assessed value
$3,235,384
Assessed 2023
Previous assessed
$3,235,384
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$609,553
Assessed improvement
$2,625,831
Applied tax rate
118.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Heating
NONE
Buildings
4
Stories
1
Rooms
1
Bathrooms
11
Total area
15,000 SF
Lot
2.5 ac (108,900 SF)
APN
261-041-013-000
UPID
US09-0949891
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
2000
Heating
NONE
Stories
1
Buildings
4
Rooms
1
Bathrooms
11
Lot
2.5 ac
Current owner
From public records · entity-resolved
Khadijeh Ezizi
Individual
Mailing address
11936 SADDLE RD, MONTEREY, CA 93940-6653
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2022
—
Khadijeh Ezizi
Khadijeh Ezizi
Intrafamily Transfer
related
$1,500,000 · Pacific Valley Bank
Apr 1, 2013
—
Hassan Babaei
Hassan Babaei
Intrafamily Transfer
related
$1,725,000 · American Securities Company
May 10, 2001
$610,000
Babin Trust
Oehler Trust
Grant Deed
—
Dec 8, 1998
—
Oehler Trust
—
Grant Deed
related
$516,935 · Bank Of Salinas
Oct 13, 1998
$367,500
Oehler Trust
Babaie Trust
Grant Deed
$132,500 · Seller
Sep 11, 1996
$300,000
Babaie Trust
Horn Trust
Trustees Deed
$200,000 · Horn Trust
Sep 11, 1996
—
Horn Trust
Marlar,charles & Rosie
Trustees Deed
related
—
Dec 15, 1995
$310,000
Charles Marlar
Horn Trust
Grant Deed
$235,000 · Seller
—
—
Babaie,tr
—
Deed Of Trust
related
$2,200,000 · Wells Fargo 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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