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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Gas stations
306 Main St Salinas, CA 93901-2818
Individually Owned
28-yr Hold
~
Est. High Equity
Property ID
US09-5216418
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
1989
Total area
5,176 SF
Lot
1 ac (43,560 SF)
APN
003-143-011-000
UPID
US09-5216418
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
-
Clearwater Express Car Wash Car Wash
-
Chevron ExtraMile Car Wash
-
Cardtronics ATM Atm
-
EM ExtraMile Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$455k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$793k
Blend (final)
Blend
$625k
Owner & transaction history
Nader Eghtesad · 28 yrs held
Nader Eghtesad
since 1998
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
Method
Estimation
Statistic approach
by Request
ML approach
$455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$625k
Range $563k – $688k · ±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
$121 / 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
$21,757
Tax year 2023
Assessed value
$1,878,852
Assessed 2024
Previous assessed
$1,880,464
-0.1% YoY
Effective rate
1.16%
On assessed value
Assessed land
$469,126
Assessed improvement
$1,409,726
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
1989
Heating
NONE
Stories
1
Units
1
Rooms
11
Bathrooms
2
Total area
5,176 SF
Lot
1 ac (43,560 SF)
APN
003-143-011-000
UPID
US09-5216418
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
1989
Heating
NONE
Stories
1
Units
1
Rooms
11
Bathrooms
2
Lot
1 ac
Current owner
From public records · entity-resolved
Nader Eghtesad
Individual
Mailing address
537 ABBOTT ST, SALINAS, CA 93901-4325
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 1998
—
Nader Eghtesad
Quality Wash Group I
Quit Claim Deed
related
—
Feb 18, 1998
$1,150,000
Pierce Central LLC
Eghtesad,nader
Trustees Deed
related
$499,362 · Individual
Apr 26, 1995
$162,758
Nader Eghtesad
Schaadt,larry E
Trustees Deed
—
Apr 8, 1994
$165,000
Eghtesad,nader
Simon Koo Truste
Trustees Deed
$65,000 · Seller
Apr 8, 1994
—
Nader Eghtesad
Moteshree,afsane
Quit Claim Deed
related
—
Feb 3, 1993
$616,894
Quality Wash Group I Ltd
Gray,neil
Trustees Deed
related
—
Jun 20, 1991
$75,000
Neil Gray
Schaadt,larry E
Grant Deed
related
—
—
—
Pierce Central LLC
—
Deed Of Trust
related
$1,284,000 · Pacific Vly Bk
—
—
Central Pierce
—
Deed Of Trust
related
$250,000 · Community Bank Central Ca
—
—
Neil Gray
—
Deed Of Trust
related
$489,000 · Quality Wash Gro
—
—
Neil Gray
—
Deed Of Trust
related
$51,116 · Quality Wash Gro
—
—
Pierce Central LLC
—
Deed Of Trust
related
$902,000 · Bank Of Salinas
—
—
Nader Eghtesad
—
Deed Of Trust
related
$80,000 · Individual
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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