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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Gas stations
3645 Rio Rd Carmel, CA 93923-8609
Trust Owned
6-yr Hold
Free & Clear
Property ID
US09-2625318
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
1968
Total area
1,944 SF
Lot
0.5 ac (21,780 SF)
APN
009-562-014-000
UPID
US09-2625318
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
-
LibertyX Bitcoin ATM Atm
-
Carmel Bus Stop Parking Lot & Garage
-
Chevron Gas Station
-
Em ExtraMile Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$410k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$939k
Blend (final)
Blend
$675k
Owner & transaction history
Doe,russell M Trust · 6 yrs held
Doe,russell M Trust
since 2019
6 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 Carmel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carmel 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
$410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$675k
Range $608k – $743k · ±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
$347 / 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
$72,231
Tax year 2023
Assessed value
$5,150,773
Assessed 2023
Previous assessed
$5,150,773
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$3,468,888
Assessed improvement
$1,681,885
Applied tax rate
60.0000
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
1968
Heating
NONE
Stories
1
Units
1
Rooms
3
Bathrooms
2
Total area
1,944 SF
Lot
0.5 ac (21,780 SF)
APN
009-562-014-000
UPID
US09-2625318
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
1968
Heating
NONE
Stories
1
Units
1
Rooms
3
Bathrooms
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
Doe,russell M Trust
Trust
Free & Clear · 6 yrs held
Mailing address
303 E CALDWELL AVE, VISALIA, CA 93277-7607
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2019
$4,900,000
Doe,russell M Trust
Carmel Properties Co
Grant Deed
—
May 23, 2019
—
Francis Hi Brown LLC
Brown Francis H I Trust
Quit Claim Deed
—
Feb 16, 2011
—
Osborne Richard & O 1984 Trust
Osborne R & O 1984 Trust
Quit Claim Deed
related
—
Mar 8, 1990
$670,000
Fetherstonhaugh
Bonham,william D
Grant Deed
$170,000 · World Savings & Loan
Feb 2, 1990
$625,000
Bonham,william D
Eagle Dev Corp
Trustees Deed
$500,000 · Coast Federal Bank
—
—
Eagle Dev Corp
—
Deed Of Trust
related
$385,000 · Baldwin Roy B
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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