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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Automotive properties
348 Abbott St, Salinas, CA 93901-4310
Entity Owned
1-yr Hold
Free & Clear
Property ID
US10-3056007
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1926
Construction
WOOD
Total area
1,537 SF
Lot
0.17 ac (7,500 SF)
APN
002-471-009-000
UPID
US10-3056007
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
-
Mikes Auto Sales Car Dealership
-
Salinas Used Cars Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$755k
Blend (final)
Blend
$760k
Owner & transaction history
Holdem Investments LP · 1 yrs held
Holdem Investments LP
since 2025
Last sale
$760,000
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 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $760k (Oct 24 2024)
Last sale anchor
$760k
Oct 24 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
$494 / 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
$4,221
Tax year 2023
Assessed value
$352,360
Assessed 2023
Previous assessed
$352,360
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$281,950
Assessed improvement
$70,410
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1926
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
6
Bathrooms
1
Total area
1,537 SF
Lot
0.17 ac (7,500 SF)
APN
002-471-009-000
UPID
US10-3056007
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
1926
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
6
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Holdem Investments LP
Entity
Free & Clear · 1 yrs held
Mailing address
1800 ALMA AVE APT #312, WALNUT CREEK, CA 94596-8518
Ownership since
2025
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 24, 2025
$760,000
Holdem Investments LP
James A Earhart
Grant Deed
—
Jul 12, 2016
—
Earhart,james & Denise Trust
Earhart,james A
Quit Claim Deed
related
—
Oct 10, 2008
$118,000
Ruth A Traci
Earhart,james A
Grant Deed
—
Jul 31, 2007
$235,000
James A Earhart
Grissom,marya
Grant Deed
—
Jul 31, 2007
—
Marya Grissom
Grissom,donald
Quit Claim Deed
related
—
Oct 29, 2003
—
James A Earhart
Earhart,tr
Quit Claim Deed
related
—
Apr 18, 1996
—
Earhart Trust
Earhart Trust
Quit Claim 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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