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Property profile & analytics
OFF-MARKET
Community centers
347 Monterey St Salinas, CA 93901-3410
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US09-2662587
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1965
Construction
TILT-UP CONCRETE
Total area
15,000 SF
Lot
0.52 ac (22,623 SF)
APN
002-232-008-000
UPID
US09-2662587
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
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
Raquel Sisayan LLC · 13 yrs held
Raquel Sisayan LLC
since 2012
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
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
$17,218
Tax year 2023
Assessed value
$1,124,422
Assessed 2023
Previous assessed
$1,124,422
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$473,442
Assessed improvement
$650,980
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
15,000 SF
Lot
0.52 ac (22,623 SF)
APN
002-232-008-000
UPID
US09-2662587
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
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Raquel Sisayan LLC
Entity
Mailing address
912 SLOAT DR, SALINAS, CA 93907-1974
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2025
—
Raquel Sisayan LLC
—
Deed
related
$501,846 · Pacific Valley Bank
Sep 30, 2022
—
Raquel Sisayan LLC
—
Deed
related
$1,035,000 · Fremont Bank
Jun 1, 2020
—
Raquel Sisayan LLC
—
Deed
related
$500,000 · 1st Capital Bank
Mar 27, 2019
—
Raquel Sisayan LLC
—
Deed
related
$510,000 · 1st Capital Bank
Nov 1, 2012
—
Raquel Sisayan LLC
Sisayan,raquel
Quit Claim Deed
related
—
Sep 6, 2012
$950,000
Raquel Sisayan
Borina Foundation
Grant Deed
$712,302 · Rabobank
Oct 29, 2010
—
Borina Foundation
Garcia,emelio & Alex
Quit Claim Deed
related
—
Feb 18, 2003
—
Borina Foundation
June,d Est
Grant Deed
related
—
Mar 1, 2002
—
June D Schnacke Estate
Chick,william L
Quit Claim Deed
related
—
Oct 17, 2001
—
June D Schnacke
Gallagher,mark T & Yong H
Quit Claim Deed
related
—
Sep 15, 1994
—
June D Schnacke
Borina Orchards
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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