Property profile

316 Alvarado St Monterey, CA 93940

OFF-MARKET
Investment properties
Property ID
US09-3116104
8,224 SF 0.25 ac lot Built 1972
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1972
Construction TILT-UP CONCRETE
Total area 8,224 SF
Lot 0.25 ac (10,811 SF)
APN 001-385-001-000
UPID US09-3116104

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Brewery & Distillery Specialty Food Shop

Location

316 Alvarado St Monterey, CA 93940-2414
Monterey metro Census 12700 SALINAS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.75M
Comparable Approach Comparable
$1.65M
Blend (final) Blend
$2.01M

Owner & transaction history

since 2011
5 recorded transactions
2011
Price N/A
1998
Price N/A
1998
Price N/A
1997
Price N/A
1991
$130,000

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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