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Property profile & analytics
FOR LEASE
Office buildings
27820 Dorris Dr, Carmel, CA 93923
Entity Owned
1-yr Hold
Free & Clear
Property ID
US09-4315305
For Lease
1 / 3
$2.00 SF/Yr
27820 Dorris Dr, Carmel, CA 93923
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
WOOD
Total area
3,474 SF
Lot
0.19 ac (8,375 SF)
APN
169-235-022-000
UPID
US09-4315305
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
-
Acupressure By Ellen Gannon, AMTA, NCMT Alternative Medicine Practice Spa & Massage Center
-
JACK STELLA Alternative Medicine Practice Spa & Massage Center
-
Higher Level - Carmel Valley (Bike/Boat/Book/etc) Store
-
Humble Healing Alternative Medicine Practice Spa & Massage Center
-
Ball Barbara Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.04M
CAP Approach
CAP
$800k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$935k
Owner & transaction history
Sweeney Carmel Properties LLC · 1 yrs held
Sweeney Carmel Properties LLC
since 2024
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 Carmel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carmel 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
$960,000
ML approach
$1,040,000
CAP Approach
CAP Return
Estimation
6%
$865,000
6.5%
$800,000
7%
$745,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,435,000
Current use
AUTO REPAIR, GARAGE
$1,385,000
Change: -4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,320,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10%
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
$269 / 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
$13,528
Tax year 2023
Assessed value
$1,221,490
Assessed 2023
Previous assessed
$1,221,490
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$725,086
Assessed improvement
$496,404
Applied tax rate
60.0000
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
Status
For Lease
Year built
1984
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Rooms
4
Bathrooms
2
Total area
3,474 SF
Lot
0.19 ac (8,375 SF)
APN
169-235-022-000
UPID
US09-4315305
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
OFFICE BUILDING Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1984
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Rooms
4
Bathrooms
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Sweeney Carmel Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
10076 OAK BR CIR, CARMEL, CA 93923-8001
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2024
—
Sweeney Carmel Properties LLC
Dorris Drive LLC
Grant Deed
—
Apr 14, 2022
—
Dorris Drive LLC
Sweeney Carmel Properties LLC
Intrafamily Transfer
related
—
Aug 16, 2017
—
Sweeney Carmel Properties LLC
Sweeney Family Trust
Quit Claim Deed
related
—
Sep 19, 2016
$1,095,000
Sweeney Family Trust
Ball-eisner B Living Trust
Grant Deed
—
Sep 19, 2016
—
Ball-eisner,b Living Trust
Eisner,birgit
Quit Claim Deed
related
—
Jan 12, 1990
$390,000
Eisner,albert M
Carmel Valley Of
Trustees Deed
—
—
—
Albert M Eisner
—
Deed Of Trust
related
$270,000 · Sumitomo 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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