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    Property profile & analytics

    242 Frst Ave Pacific Grove, CA 93950-3319

    • Grocery and convenience stores
    • 5,975 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 04, 2022
    Location Intelligence
    Property ID
    US09-2716123
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 242 Frst Ave

    Year built
    1951
    Lot size
    0.13 lot acres
    Property size
    5,975 SF
    Property type
    Grocery and convenience stores
    APN
    006-281-015-000
    APU
    6281015000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pacific Grove
    County
    Monterey
    State
    California
    Longitude
    -121.918
    Latitude
    36.6203
    CBSA code
    41500
    CBSA name
    SALINAS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,379
    $46,190
    $62,504
    $108,694
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.15 Acres

      2731 Ransford Ave

      GROCERY, SUPERMARKET • 0.15 Acres
      2731 Ransford Ave, Pacific Grove, CA 93950
      View Details
    • Value Estimation
      $480,000
      13,680 SF

      1170 Frst Ave

      GROCERY, SUPERMARKET • 13,680 SF
      1170 Frst Ave, Pacific Grove, CA 93950-5123
      View Details
    • Value Estimation by Request
      25,011 SF

      1212 Frst Ave

      GROCERY, SUPERMARKET • 25,011 SF
      1212 Frst Ave, Pacific Grove, CA 93950-5123
      View Details
    • Value Estimation by Request
      0.70 Acres

      1 Eardley Ave

      GROCERY, SUPERMARKET • 0.70 Acres
      1 Eardley Ave, Pacific Grove, CA 93950
      View Details
    • Value Estimation by Request
      3,720 SF

      305 Frst Ave

      SHOW ROOM, WAREHOUSE • 3,720 SF
      305 Frst Ave, Pacific Grove, CA 93950-3320
      View Details
    • Value Estimation by Request
      3,475 SF

      109 Ocean Vw Blvd

      SHOW ROOM, WAREHOUSE • 3,475 SF
      109 Ocean Vw Blvd, Pacific Grove, CA 93950
      View Details

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    Similar Nearby for Lease

    • $1.60 SF/Yr
      1,360 SF

      Retail Space Near Grocery Stores

      Retail space for rent near Safeway and Trader Joe’s.
      1219 Forest Ave, Pacific Grove, CA 93950
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    • Contact for pricing
      550 SF

      Retail Space in Pacific Grove

      Retail space available soon in Monterey Peninsula shopping center.
      160 Country Club Gate Ctr, Pacific Grove, CA 93950
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      Downtown Pacific Grove Retail Space

      Retail space for lease in downtown Pacific Grove.
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      Prime Pacific Grove Retail Space

      Lighthouse Ave retail, multiple suites available
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    • Contact for pricing
      6,898 SF

      Retail Space in Pacific Grove

      Retail space available in a shopping center anchored by Lucky.
      120 Country Club Gate Ctr, Pacific Grove, CA 93950
      View Details

    Property Visit Statistics

    • Visits by month
      3.5k
    • Visitors by month
      2.7k
    • Avg Time on site
      13 min
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    242 Frst Ave
    Pacific Grove, CA 93950-3319
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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