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Property profile & analytics
OFF-MARKET
Warehouses
316 1st St, King City, CA 93930-2998
Individually Owned
3-yr Hold
Free & Clear
Property ID
US09-3932725
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1961
Total area
5,075 SF
Lot
0.23 ac (10,030 SF)
APN
026-242-037-000
UPID
US09-3932725
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
-
NAPA Auto Parts - Mackay Motor Parts Inc. Auto Parts Store
-
King City Radiator Service Auto Repair Shop
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
Frank Nunez · 3 yrs held
Frank Nunez
since 2023
Last sale
$187,500
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 King City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs King City 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
$3,673
Tax year 2023
Assessed value
$296,015
Assessed 2023
Previous assessed
$296,015
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$152,429
Assessed improvement
$143,586
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1961
Heating
NONE
Stories
1
Units
1
Rooms
5
Bathrooms
3
Total area
5,075 SF
Lot
0.23 ac (10,030 SF)
APN
026-242-037-000
UPID
US09-3932725
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
1961
Heating
NONE
Stories
1
Units
1
Rooms
5
Bathrooms
3
Lot
0.23 ac
Current owner
From public records · entity-resolved
Frank Nunez
Individual
Free & Clear · 3 yrs held
Mailing address
53258 PNE CYN RD, KING CITY, CA 93930-9641
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2023
—
Frank Nunez
Frank Nunez
Intrafamily Transfer
related
—
Feb 27, 2018
$200,000
Humberto C Arenas
Smith Lisa L Family Trust
Grant Deed
$200,000 · Lisa Lee Smith Family Tr(it)
May 15, 2012
$187,500
Nunez 1992 Trust
Lopes 1996 Trust
Grant Deed
$187,500 · Lopes 1996 Trust (rt)
Apr 23, 2012
—
Nunez 1992 Trust
Lopes & Nunez
Quit Claim Deed
related
—
May 1, 2003
—
Lopes Gp
Nunez -lopes
Quit Claim Deed
related
—
Nov 3, 1993
—
Nunez-lopes
Nunez Trust
Quit Claim Deed
related
—
—
—
Nunez-lopes
—
Deed Of Trust
related
$100,000 · Wells Fargo Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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