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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Banks
295 Main St, Salinas, CA 93901-2741
Individually Owned
~
Est. High Equity
Property ID
US09-2717432
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1915
Construction
TILT-UP CONCRETE
Total area
15,000 SF
Lot
0.58 ac (25,213 SF)
APN
002-234-028-000
UPID
US09-2717432
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
-
Ottone Matthew W Law Firm
-
Mujeres en Acción Association / Organization
-
Creekside Real Estate Real Estate Agency
-
ACTION Council of Monterey County Charitable Organization Social Service Agency
-
CREM Property Management Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$815k
Owner & transaction history
Community Housing Improvement Syste
Community Housing Improvement Syste
since 2026
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
$54 / 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
$37,890
Tax year 2023
Assessed value
$2,806,862
Assessed 2023
Previous assessed
$2,806,862
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$751,050
Assessed improvement
$2,055,812
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1915
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Units
30
Rooms
30
Bathrooms
15
Total area
15,000 SF
Lot
0.58 ac (25,213 SF)
APN
002-234-028-000
UPID
US09-2717432
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
1915
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Units
30
Rooms
30
Bathrooms
15
Lot
0.58 ac
Current owner
From public records · entity-resolved
Community Housing Improvement Syste
Individual
Mailing address
235 MONTEREY STA, SALINAS, CA 93901-3408
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2026
$3,500,000
Community Housing Improvement Syste
295 Main Street LLC
Grant Deed
—
Dec 1, 2025
$3,500,000
Chispa Properties LLC
295 Main Street LLC
Grant Deed
$2,500,000 · Pacific Valley Bank
Jul 31, 2018
—
Samuel Kobrinsky
Kobrinsky,catherine J
Quit Claim Deed
related
—
Jul 7, 2017
—
Catherine J Kobrinsky-evans
Evans,leland B
Quit Claim Deed
related
$972,000 · Rabobank
May 17, 2017
—
Catherine J K Evans
Kobrinsky,samuel & Marguerite
Quit Claim Deed
—
Jul 12, 2012
—
295 Main Street Building
Kobrinsky,samuel & Marguerite
Quit Claim Deed
related
—
Nov 9, 1999
$266,500
Samuel Kobrinsky
Kobrinsky,catherine J
Grant Deed
related
—
Apr 1, 1999
—
Catherine J Kobrinsky
Western Investment Real Estate
Grant Deed
$1,425,000 · Bank Of Salinas
—
—
Catherine J Kobrinsky
—
Deed Of Trust
related
$1,250,000 · Rabobank
—
—
295 Main Street LLC
—
Deed Of Trust
related
$972,000 · Rabobank
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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