New search
Property profile & analytics
OFF-MARKET
Hotels
275 Cannery Row, Monterey, CA 93940
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-2943140
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Lot
0.42 ac (18,427 SF)
APN
001-032-017-000
UPID
US09-2943140
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
The Cannery Row Company LP · 10 yrs held
The Cannery Row Company LP
since 2015
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$31,690
Tax year 2023
Assessed value
$2,900,257
Assessed 2023
Previous assessed
$2,900,257
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,124,006
Assessed improvement
$1,776,251
Applied tax rate
3.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Heating
NONE
Units
1
Lot
0.42 ac (18,427 SF)
APN
001-032-017-000
UPID
US09-2943140
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
Units
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
The Cannery Row Company LP
Entity
Mailing address
555 ABREGO ST, MONTEREY, CA 93940-3229
Ownership since
2015
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
Nov 18, 2016
—
Monterey Plaza Hotel LP Ptshp
—
Deed
related
$61,000,000 · Miscellaneous Ins Co
Dec 7, 2015
—
The Cannery Row Company LP
The Cannery Row Company LP
Grant Deed
related
$2,000,000 · 1st Capital Bank
Jun 28, 2010
—
Monterey Plaza Hotel LP
—
Deed Of Trust
related
$67,000,000 · Variable Annuity Life Ins Co
May 4, 2009
—
Monterey Plaza Hotel
—
Grant Deed
related
$67,000,000 · Variable Annuity Life Ins Co
Jul 15, 2002
—
Cannery Row Co
—
Deed Of Trust
related
$8,000,000 · First National Bank Central Ca
Jun 25, 1993
—
Monterey Plaza Hotel LP
Tnn Monterey INC
Quit Claim Deed
related
—
Jan 16, 1991
$2,325,000
Tnn Monterey INC
Merabank,fed Sav
Quit Claim Deed
related
—
—
—
Monterey Plaza Hotel LP
—
Deed Of Trust
related
—
—
—
Monterey Plaza Hotel LP Ptshp
—
Deed Of Trust
related
$61,000,000 · Miscellaneous Ins Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 275 Cannery Row?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
