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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Office buildings
35 Maple St Salinas, CA 93901-3228
Individually Owned
~
Est. High Equity
Property ID
US10-2731257
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1909
Construction
WOOD
Total area
1,620 SF
Lot
0.17 ac (7,574 SF)
APN
002-395-023-000
UPID
US10-2731257
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
-
Jeff Pluta, Realtor at Town 'N Country Realty Real Estate Agency
-
Town N Country Realty Real Estate Agency
-
Fallon Filice Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$410k
Comparable Approach
Comparable
$646k
Blend (final)
Blend
$540k
Owner & transaction history
Hortencia Munoz
Hortencia Munoz
since 2026
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$645,000
+34.8%
Medical building
$500,000
+4.6%
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%
$445,000
6.5%
$410,000
7%
$380,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$480,000
Current use
AUTO REPAIR, GARAGE
$645,000
Change: +35% · Conversion: Difficult
MEDICAL BUILDING
$500,000
Change: +5% · Conversion: Easy
RETAIL STORES
$470,000
Change: -2% · Conversion: Moderate
COMMERCIAL (GENERAL)
$470,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $750k (Feb 4 2026)
Last sale anchor
$750k
Feb 4 2026
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
$333 / 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
$5,256
Tax year 2023
Assessed value
$441,720
Assessed 2023
Previous assessed
$441,720
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$181,031
Assessed improvement
$260,689
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1909
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
8
Bathrooms
2
Total area
1,620 SF
Lot
0.17 ac (7,574 SF)
APN
002-395-023-000
UPID
US10-2731257
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
OFFICE BUILDING Current
Est. value
$480,000
AUTO REPAIR, GARAGE
Est. value
$645,000
MEDICAL BUILDING
Est. value
$500,000
RETAIL STORES
Est. value
$470,000
COMMERCIAL (GENERAL)
Est. value
$470,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL 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
1909
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
8
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Hortencia Munoz
Individual
Mailing address
24265 PHEASANT CT, SALINAS, CA 93908-9361
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2026
$750,000
Hortencia Munoz
Handley Family Trust
Grant Deed
—
Dec 29, 2016
—
Handley Family Trust
—
Deed
related
—
Feb 5, 2001
—
Handley Trust
Handley,carroll D & Katherine L
Quit Claim Deed
related
—
Jan 31, 2001
$305,000
Carroll D Handley
Bull,eduardo A & Ruth A
Grant Deed
$200,000 · First National Bank Central Ca
Jul 1, 1998
$190,000
Eduardo A Bull
Monterey Pensinsula Assn
Grant Deed
—
—
—
Eduardo A Bull
—
Deed Of Trust
related
$175,000 · San Benito Bank
—
—
Handley Family Trust
—
Loan Modification
related
—
—
—
Handley,tr
—
Deed Of Trust
related
$245,000 · First National Bank Central Ca
—
—
Handley Family Trust
—
Deed Of Trust
related
$310,000 · Stolich Whitney L Trust
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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