Financial
Distress signals
Property profile

29251 Hwy 1st 1 Carmel, CA 93923

OFF-MARKET
Gas stations
Property ID
US09-1977870
1,711 SF 0.49 ac lot Built 1937
Last sale Aug 2024
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property comprises a fuel and general store business offering, a separate gallery building, and landscaped garden and parking areas, including stamped concrete hardscape. It has frontage of more than 250 feet along Highway 1 in the Carmel Highlands. The total property size is approximately 3,030 square feet, with site features arranged to support retail and customer parking use. The buildings and grounds reflect maintained landscaping and site improvements. The property has historical use

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$1.18M
Assessed land$390k
Assessed improvement$794k
Effective rate1.27%

Value estimate

· Sep 2026
$430k
$387k – $473k
AI approach$410k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$1,126/SF
County average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$290 – $1,916

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONTEREY

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand index
Convenience Store8.5
Garden Center8.5
Grocery Store7.6

Location

29251 Hwy 1st 1 Carmel, CA 93923
County assessor Recorded deeds · 4 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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