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Property profile & analytics
OFF-MARKET
Estimated value
$2,390,000
Showrooms
4 Carmel Vly Rd Carmel Valley, CA 93924-9753
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-2746852
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1997
Construction
WOOD
Total area
8,080 SF
Lot
0.54 ac (23,400 SF)
APN
187-441-024-000
UPID
US09-2746852
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
$2.36M
CAP Approach
CAP
$1.72M
Comparable Approach
Comparable
$1.46M
Blend (final)
Blend
$2.39M
Owner & transaction history
Great Valley Holdings LLC · 4 yrs held
Great Valley Holdings LLC
since 2022
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.3M
+8.9%
Industrial (general)
$3.3M
+8.2%
Auto repair, garage
$3.2M
+5.0%
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 Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carmel Valley 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
$2,195,000
ML approach
$2,360,000
CAP Approach
CAP Return
Estimation
6%
$1,860,000
6.5%
$1,715,000
7%
$1,595,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,070,000
Current use
OFFICE BUILDING
$3,345,000
Change: +9% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,320,000
Change: +8% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,225,000
Change: +5% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,195,000
Change: +4% · Conversion: Moderate
MEDICAL BUILDING
$2,500,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$2.39M
Range $2.15M – $2.63M · ±10% · vs last sale $2.50M (Feb 28 2022)
Last sale anchor
$2.50M
Feb 28 2022
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
$296 / 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
$27,236
Tax year 2023
Assessed value
$2,550,000
Assessed 2023
Previous assessed
$2,550,000
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,275,000
Assessed improvement
$1,275,000
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
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
5
Bathrooms
2
Total area
8,080 SF
Lot
0.54 ac (23,400 SF)
APN
187-441-024-000
UPID
US09-2746852
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
COMMERCIAL (GENERAL) Current
Est. value
$3.1M
OFFICE BUILDING
Est. value
$3.3M
INDUSTRIAL (GENERAL)
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$3.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$2.5M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
1997
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
5
Bathrooms
2
Lot
0.54 ac
Current owner
From public records · entity-resolved
Great Valley Holdings LLC
Entity
Mailing address
PO BOX 221815, CARMEL, CA 93922-1815
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2022
$2,500,000
Great Valley Holdings LLC
Talbott Family Foundation
Grant Deed
—
Jan 23, 2019
—
Talbott Family Foundation
Robert & Audrey Talbott Foun
Quit Claim Deed
related
—
Jun 30, 2014
$1,500,000
Robert Foun
Manplus LLC
Grant Deed
—
Jun 30, 2014
—
Manplus LLC
Leplus,francis & Brigitte V
Quit Claim Deed
—
Aug 11, 2010
—
E Lee Hofmann
—
Deed Of Trust
related
$3,392,747 · Heartland Bank
Jul 6, 1995
—
Roy R Woods
Woods,roy R & Donna B
Quit Claim Deed
related
—
Oct 11, 1993
$163,013
Roy R Woods
Saxton,danny L &
Trustees Deed
—
Nov 9, 1990
$132,000
Saxton,danny L &
Robco,
Trustees Deed
$100,000 · San Jose Bluepri
—
—
Francis Leplus
—
Deed Of Trust
related
$3,392,747 · Heartland Bank
—
—
Danny L Saxton
—
Deed Of Trust
related
$45,000 · Individual
—
—
E Lee Hofmann
—
Deed Of Trust
related
$3,392,747 · Heartland Bank
—
—
Francis Leplus
—
Deed Of Trust
related
$472,500 · First National Bank Central Ca
—
—
Francis Leplus
—
Deed Of Trust
related
$15,000 · Pcb Service Corp
—
—
E L Hofmann
—
Deed Of Trust
related
$1,725,000 · Heartland Bank
—
—
Saxton Danny L
—
Deed Of Trust
related
—
—
—
Francis Leplus
—
Deed Of Trust
related
$3,392,747 · Heartland Bank
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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