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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Office buildings
24560 Silver Cloud Ct Monterey, CA 93940-6536
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-3019569
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Lot
2.1 ac (91,476 SF)
APN
173-121-013-000
UPID
US10-3019569
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
-
Fresh-Link Produce Agricultural Supply Food Market
-
Darius Livian, NMLS #255341, PrimeLending Loan Service Bank
-
ARCpoint Labs of Monterey Bay Drug Testing Service Genealogist
-
PrimeLending, A PlainsCapital Company - Monterey Loan Service Bank
-
Vektor Logistics, Inc. Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$755k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$795k
Owner & transaction history
Jessen Properties LP · 3 yrs held
Jessen Properties LP
since 2022
Last sale
$835,000
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 Monterey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monterey 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
$745,000
ML approach
$755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$795k
Range $716k – $875k · ±10% · vs last sale $835k (Dec 28 2022)
Last sale anchor
$835k
Dec 28 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
—
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
$32,767
Tax year 2023
Assessed value
$2,992,115
Assessed 2023
Previous assessed
$2,992,115
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,096,782
Assessed improvement
$1,895,333
Applied tax rate
139.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Heating
NONE
Lot
2.1 ac (91,476 SF)
APN
173-121-013-000
UPID
US10-3019569
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
Heating
NONE
Lot
2.1 ac
Current owner
From public records · entity-resolved
Jessen Properties LP
Entity
Mailing address
14151 CASTLEROCK RD, SALINAS, CA 93908-9374
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2022
—
Jessen Properties LP
John M Jessen
Intrafamily Transfer
related
—
Dec 27, 2022
—
Jessen Management Company LLC
John M Jessen
Intrafamily Transfer
related
—
Dec 27, 2018
—
John M Jassen
—
Deed
related
$2,000,000 · Wells Fargo Bank Northwest NA
Sep 14, 2015
—
Jessen,john & Judy Trust
Jessen,john M & Judy K
Quit Claim Deed
related
—
Jul 14, 2006
$835,000
John M Jessen
Denier,larry A & Betty A C
Grant Deed
—
Feb 2, 2005
—
Ashley M Deflin
Deflin,bradford A
Quit Claim Deed
related
—
Feb 2, 2005
$700,000
Larry A Denier
Mcintosh,henry P V & Trieste M
Grant Deed
—
—
—
Akiyoshi Nishihakamada
—
Deed Of Trust
related
$250,000 · California Coastal Rural Dev
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.
Try Rey
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