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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Medical Office Space
335 Katherine Ave, Salinas, CA 93901-3176
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-0171383
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1965
Construction
WOOD
Total area
2,911 SF
Lot
0.25 ac (10,972 SF)
APN
002-625-001-000
UPID
US09-0171383
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
-
Dr. Karen Ludlow Pediatrician Physician
-
AthenaMed Salinas - Katherine Medical Clinic
-
Dr. Matthew Watson Physician
-
Katherine Ruth Noel Physician
-
Kathleen M. Mcguiness, NURSE Registered General Nurse
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$755k
Comparable Approach
Comparable
$445k
Blend (final)
Blend
$690k
Owner & transaction history
A&g Wealth Management LLC · 2 yrs held
A&g Wealth Management LLC
since 2024
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
by Request
CAP Approach
CAP Return
Estimation
6%
$815,000
6.5%
$755,000
7%
$700,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$900,000
Current use
OFFICE BUILDING
$860,000
Change: -4% · Conversion: Easy
RETAIL STORES
$850,000
Change: -6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$845,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$237 / 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
$16,845
Tax year 2023
Assessed value
$1,457,191
Assessed 2023
Previous assessed
$1,457,191
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$595,189
Assessed improvement
$862,002
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Rooms
6
Bathrooms
3
Total area
2,911 SF
Lot
0.25 ac (10,972 SF)
APN
002-625-001-000
UPID
US09-0171383
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
$900,000
OFFICE BUILDING
Est. value
$860,000
RETAIL STORES
Est. value
$850,000
COMMERCIAL (GENERAL)
Est. value
$845,000
MEDICAL BUILDING Current
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1965
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Rooms
6
Bathrooms
3
Lot
0.25 ac
Current owner
From public records · entity-resolved
A&g Wealth Management LLC
Entity
Free & Clear · 2 yrs held
Mailing address
119 SAN JOSE ST, SALINAS, CA 93901-3032
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2024
—
A&g Wealth Management LLC
William U Khieu
Grant Deed
—
Oct 31, 2008
—
William U Khieu
Khieu,william U
Quit Claim Deed
—
Jun 30, 2006
$1,300,000
William U Khieu
Braff J D & S D Trust
Grant Deed
$1,040,000 · Bank Of America
Jun 30, 2006
—
William U Khieu
Le,juliette
Grant Deed
related
—
Feb 23, 2005
$309,000
Braff Jeffrey D & S C Trust
Anderson,elizabeth B
Grant Deed
—
Jun 30, 2000
$275,000
Elizabeth B Andrrson
Hicks,james F & Deanna J
Grant Deed
$200,000 · Anderson Trust
Jun 30, 2000
—
Elizabeth B Anderson
Theaker,robert
Grant Deed
related
—
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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