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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Showrooms
222 Bassett St, King City, CA 93930
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0153488
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1950
Construction
TILT-UP CONCRETE
Total area
5,084 SF
Lot
0.26 ac (11,410 SF)
APN
026-193-024-000
UPID
US09-0153488
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
$1.10M
CAP Approach
CAP
$1.08M
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.10M
Owner & transaction history
Adolfo Garcia Naba · 1 yrs held
Adolfo Garcia Naba
since 2025
Last sale
$1.1M
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 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
$1,100,000
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
$1,170,000
6.5%
$1,080,000
7%
$1,000,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,575,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.10M (Sep 16 2024)
Last sale anchor
$1.10M
Sep 16 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
$216 / 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
$14,116
Tax year 2023
Assessed value
$1,203,006
Assessed 2024
Previous assessed
$1,203,006
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$546,820
Assessed improvement
$656,186
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1950
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Rooms
13
Bathrooms
3
Total area
5,084 SF
Lot
0.26 ac (11,410 SF)
APN
026-193-024-000
UPID
US09-0153488
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
Est. value
$1.6M
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
1950
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Rooms
13
Bathrooms
3
Lot
0.26 ac
Current owner
From public records · entity-resolved
Adolfo Garcia Naba
Individual
Free & Clear · 1 yrs held
Mailing address
275 E ORCH VW DR STE #9, WATSONVILLE, CA 95076-0715
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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 22, 2025
—
Adolfo Garcia Naba
Monica Mejia
Deed
related
—
Sep 16, 2024
—
Adolfo Garcia Naba
Adolfo Garcia
Gift Deed
related
—
Aug 24, 2021
—
Adolfo Garcia
Adolfo Garcia Naba
Intrafamily Transfer
related
—
Dec 26, 2019
$1,100,000
Adolfo G Naba
Arboleda Corp
Correction Deed
related
—
Sep 26, 2018
$1,100,000
Adolfo G Naba
Arboleda Corp
Grant Deed
—
Apr 20, 2009
—
Arboleda Corp
Weinstein R & L Trust
Grant Deed
—
Dec 11, 2007
$117,000
Richard L Weinstein
Stephen S Burke
Grant Deed
$500,000 · Washington Mutual Bank
Mar 19, 2007
—
Weinstein R & L Family Trust
Macarthur LLC
Grant Deed
—
Dec 7, 2006
$789,000
Stephen S Burke
Nationwide Postal Realty Mgmt
Grant Deed
—
Jul 6, 2000
$262,500
Nationwide Postal Realty Mgmt
Hilf Estate
Grant Deed
—
—
—
Nationwide Postal Realty Mgmt
—
Deed Of Trust
related
$100,000 · Individual
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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