Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Medical Office Space
333 El Dorado St Monterey, CA 93940-4606
Individually Owned
2-yr Hold
Free & Clear
Property ID
US09-2789877
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1972
Construction
WOOD
Total area
12,310 SF
Lot
3.09 ac (134,600 SF)
APN
001-741-025-000
UPID
US09-2789877
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
-
Ryan May, D.D.S. Dental Office Physician
-
Dr. Jack Bayless, DDS Dental Office
-
James Stoddard, DDS Dental Office
-
Dr. Jeffrey Lehr Dental Office
-
James Stoddard Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
Arminda Garza Grosnick · 2 yrs held
Arminda Garza Grosnick
since 2024
Last sale
$510,000
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 Monterey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monterey 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
$510,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $510k (Mar 26 2024)
Last sale anchor
$510k
Mar 26 2024
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
$41 / 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
$48,333
Tax year 2023
Assessed value
$4,316,926
Assessed 2023
Previous assessed
$4,316,926
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$2,336,613
Assessed improvement
$1,980,313
Applied tax rate
3.0000
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
1972
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Rooms
65
Bathrooms
8
Total area
12,310 SF
Lot
3.09 ac (134,600 SF)
APN
001-741-025-000
UPID
US09-2789877
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
1972
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Rooms
65
Bathrooms
8
Lot
3.09 ac
Current owner
From public records · entity-resolved
Arminda Garza Grosnick
Individual
Free & Clear · 2 yrs held
Mailing address
470 CAMINO EL ESTERO, MONTEREY, CA 93940-3032
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
28 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2024
—
Arminda Garza Grosnick
Arminda Garza Grosnick
Intrafamily Transfer
related
—
Mar 26, 2024
—
Ryan K May
Ryan K May
Intrafamily Transfer
related
—
Jan 6, 2023
—
Jeffrey Ryan Lehr
Jeffrey Ryan Lehr
Intrafamily Transfer
related
—
May 9, 2022
$510,000
James E Stoddard
Kevin G Landon
Grant Deed
$458,730 · K E Landon Family Trust
May 9, 2022
$1,019,500
Michael I Falkel
Jeffrey A Meckler
Grant Deed
$458,730 · K E Landon Family Trust
May 9, 2022
—
Ryan K May
Megan Fitzmaurice May
Intrafamily Transfer
related
—
May 21, 2021
$510,000
Ryan K May
Ronald Scott Corriveau
Grant Deed
—
May 21, 2021
—
Ryan K May
Megan Fitzmaurice May
Intrafamily Transfer
related
—
Jan 12, 2021
—
Corriveau,chad Trust
Chad J Corriveau
Affidavit Of Death
related
—
Nov 23, 2020
—
Corriveau,chad Trust
Chad Corriveau
Quit Claim Deed
related
—
Aug 7, 2020
$457,500
Stephen & Sonia Ikemiya Trust
Kitagawa Family Trust
Grant Deed
—
Jun 1, 2020
$508,500
Jeffrey R Lehr
Breuleux Living Trust
Grant Deed
$508,384 · Breuleux Living Trust (lt)
Jun 1, 2020
—
Falkel Family Trust
Chad Corriveau
Correction Deed
related
—
Feb 4, 2020
—
Falkel Family Trust
Michael Falkel
Quit Claim Deed
related
—
Jan 2, 2013
$488,000
Dean Family Trust
Bhaskar,s N
Grant Deed
—
Nov 19, 2008
—
Breuleux Living Trust
Breuleux,philip
Quit Claim Deed
related
—
Nov 4, 2008
$438,000
Dean Family Trust
Faia,ronald
Grant Deed
—
Nov 4, 2008
—
Dean Family Trust
Faia,susan L
Quit Claim Deed
related
—
May 23, 2005
—
Miller-murillo Trust
Miller,matthew
Quit Claim Deed
related
—
Jan 14, 2005
—
Bayless Trust
Bayless,j M
Quit Claim Deed
related
—
Jul 20, 2004
—
Matthew Miller
Faia,vitina M
Quit Claim Deed
related
—
Jul 13, 2004
—
Bhaskar,tr
Bhaskar,s N & Norma Z
Quit Claim Deed
related
—
Mar 19, 2002
$355,500
Albert G Falkel
Bayless,j M
Grant Deed
—
Jan 16, 2002
—
J M Bayless
333 El Dorado Group
Grant Deed
related
—
Jul 13, 2001
—
Donald G Burnett
333 El Dorado Group
Grant Deed
related
—
Jul 13, 2001
$66,000
Chad Corriveau
Burnett,donald G
Grant Deed
related
—
—
—
Dean Family Trust
—
Deed Of Trust
related
$487,946 · S N Bhaskar
—
—
El Dorado Group
—
Deed Of Trust
related
$575,000 · First National Bank Central Ca
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 333 El Dorado St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
