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Property profile & analytics
OFF-MARKET
Manufacturing properties
28 Lamar St, Salinas, CA 93906-4788
Individually Owned
5-yr Hold
Free & Clear
Property ID
US09-0920763
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2001
Construction
WOOD
Total area
2,040 SF
Lot
0.19 ac (8,160 SF)
APN
253-061-021-000
UPID
US09-0920763
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
-
Yeyu's Mexican Products Grocery & Convenience Store Food Market
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
Maria G Alba · 5 yrs held
Maria G Alba
since 2021
Last sale
$335,000
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 Salinas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salinas 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
$4,489
Tax year 2023
Assessed value
$394,709
Assessed 2023
Previous assessed
$394,709
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$117,822
Assessed improvement
$276,887
Applied tax rate
5.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
NONE
Stories
1
Rooms
3
Bathrooms
2
Total area
2,040 SF
Lot
0.19 ac (8,160 SF)
APN
253-061-021-000
UPID
US09-0920763
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
Year built
2001
Construction
WOOD
Heating
NONE
Stories
1
Rooms
3
Bathrooms
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Maria G Alba
Individual
Free & Clear · 5 yrs held
Mailing address
1951 CHELSEA CT, SALINAS, CA 93906-5412
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2021
—
Maria G Alba
Heriberto R Alba
Intrafamily Transfer
related
—
Nov 21, 2019
—
Alba,heriberto R Trust
Heriberto Alba
Quit Claim Deed
related
—
Sep 30, 2013
$335,000
Heriberto Alba
Navarro,juan L
Grant Deed
—
Nov 18, 2011
—
Juan L Navarro
Navarro,aurelia
Quit Claim Deed
related
—
Nov 18, 2011
$250,000
Juan L Navarro
Almaden Boulevard Invs LLC
Grant Deed
—
May 26, 2011
$321,965
Almaden Boulevard Invs LLC
First American Title Co
Trustees Deed
related
—
Dec 6, 2010
—
Salinas Valley Agricultural
Sauno,alberto H & Edith R
Grant Deed
—
Nov 30, 2007
—
Alberto H Sauno
V & S Ents
Grant Deed
—
Dec 14, 2001
$279,000
V & S Enterprises
Stevens Trust
Grant Deed
$251,100 · Heritage Bank Of Commerce
Jul 19, 2000
—
Stevens Trust
Stevens,e W
Quit Claim Deed
related
—
Nov 17, 1998
$77,000
E W Stevens
Tankersley,ronald L
Grant Deed
$61,600 · Seller
Oct 12, 1994
—
Ronald L Tankersley
Tankersley,kathy
Quit Claim Deed
related
$1,165,875 · Bank Of Salinas
—
—
Edith R Sauno
—
Deed Of Trust
related
$150,000 · Pena Armando V (es)
—
—
E W Stevens
—
Deed Of Trust
related
$62,000 · William S Kappy Trustee
—
—
Ronald L Tankersley
—
Deed Of Trust
related
$45,500 · Central Coast FCU
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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