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Property profile & analytics
OFF-MARKET
Estimated value
$1,190,000
Medical Office Space
3154 De Frst Rd, Marina, CA 93933-2771
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-3847563
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1983
Construction
WOOD
Total area
6,198 SF
Lot
0.5 ac (21,782 SF)
APN
032-101-090-000
UPID
US09-3847563
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
-
Marina Dunes Dental Dental Office
-
A De La Torre Gentle Practice Dental Office
-
Marina Dunes Dental: Richard N Holm DDS Dental Office
-
John J Eisinger DDS Dental Office
-
Monterey Peninsula Smiles: Philip Wolff, DDS & Sami Sreis, DMD Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
$1.62M
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.19M
Owner & transaction history
Balance Holdings LLC · 2 yrs held
Balance Holdings LLC
since 2024
Last sale
$1.2M
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 Marina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marina 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
$1,215,000
ML approach
$1,160,000
CAP Approach
CAP Return
Estimation
6%
$1,750,000
6.5%
$1,615,000
7%
$1,500,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,920,000
Current use
RETAIL STORES
$1,805,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±10% · vs last sale $1.20M (Aug 31 2023)
Last sale anchor
$1.20M
Aug 31 2023
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
$192 / 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
$13,379
Tax year 2023
Assessed value
$1,191,747
Assessed 2023
Previous assessed
$1,191,747
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$277,699
Assessed improvement
$914,048
Applied tax rate
12.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1983
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
6,198 SF
Lot
0.5 ac (21,782 SF)
APN
032-101-090-000
UPID
US09-3847563
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
MEDICAL BUILDING Current
Est. value
$1.9M
RETAIL STORES
Est. value
$1.8M
MEDICAL BUILDING Current
RETAIL STORES
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
1983
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Balance Holdings LLC
Entity
Mailing address
13206 CORTE DE CHAMISAL, SALINAS, CA 93908-8928
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2024
—
Balance Holdings LLC
—
Deed
related
$1,400,000 · Pacific Valley Bank
Feb 6, 2024
—
Balance Holdings LLC
Philip H Wolff
Correction Deed
related
—
Aug 31, 2023
$1,200,000
Balance Holdings LLC
Noelle Green
Grant Deed
—
Sep 7, 2021
—
Laura A Stile
Laura A Stile
Intrafamily Transfer
related
—
Jul 7, 2020
—
Sheri Nicholas
De La Torre Fidele L/tr
Quit Claim Deed
related
—
Jul 2, 2020
—
De La Torre,f Living Trust
De La Torre Fidele
Affidavit Of Death
related
—
Aug 24, 2015
—
De La Torre,fidele Trust
De La Torre,fidelle
Quit Claim Deed
related
—
Dec 10, 2012
—
Harry Wolff
Wolff,harry
Quit Claim Deed
related
—
Oct 8, 2012
—
Wolff Philip H Trust
Wolff,harry
Quit Claim Deed
related
—
May 8, 2012
—
Wolff Philip H Trust
Wolff,harry & Rei W
Quit Claim Deed
related
—
Sep 24, 2010
—
Delatorre Fidele Living Trust
Delatorre,fidele
Quit Claim Deed
related
—
Jul 20, 2004
—
Wolff,tr
Wolff,harry & Rei W
Quit Claim Deed
related
—
—
—
Fidel De La Torre
—
Deed Of Trust
related
$545,000 · Bank Of Salinas
—
—
Fidel Delatorre
—
Deed Of Trust
related
$107,500 · Wolff Harry & Wei W Trust
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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