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Property profile & analytics
OFF-MARKET
Estimated value
$2,625,000
Automotive properties
4 Heitzinger Plz Seaside, CA 93955-3613
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-3919686
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1971
Total area
8,001 SF
Lot
5.31 ac (231,265 SF)
APN
011-554-007-000
UPID
US09-3919686
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
-
Premier Chevrolet of Seaside Service Center Auto Repair Shop Insurance Agency
-
Premier Chevrolet Body Center Auto Repair Shop
-
Premier Chevrolet of Seaside Car Dealership
-
gmps-butts Car Dealership Auto Repair Shop
-
ChargePoint Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.25M
Blend (final)
Blend
$2.63M
Owner & transaction history
Butts Land Co LLC · 11 yrs held
Butts Land Co LLC
since 2014
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.3M
+35.8%
Commercial (general)
$3.6M
+11.4%
Office building
$3.3M
+3.7%
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 Seaside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seaside 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
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,190,000
Current use
RESTAURANT
$4,335,000
Change: +36% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,555,000
Change: +11% · Conversion: Moderate
OFFICE BUILDING
$3,310,000
Change: +4% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,290,000
Change: +3% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,165,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$2.63M
Range $2.36M – $2.89M · ±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
$328 / 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
$59,960
Tax year 2023
Assessed value
$5,461,227
Assessed 2023
Previous assessed
$5,461,227
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$2,897,378
Assessed improvement
$2,563,849
Applied tax rate
10.0000
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
1971
Heating
NONE
Buildings
5
Stories
1
Total area
8,001 SF
Lot
5.31 ac (231,265 SF)
APN
011-554-007-000
UPID
US09-3919686
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
AUTO REPAIR, GARAGE Current
Est. value
$3.2M
RESTAURANT
Est. value
$4.3M
COMMERCIAL (GENERAL)
Est. value
$3.6M
OFFICE BUILDING
Est. value
$3.3M
INDUSTRIAL (GENERAL)
Est. value
$3.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
AUTO REPAIR, GARAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1971
Heating
NONE
Stories
1
Buildings
5
Lot
5.31 ac
Current owner
From public records · entity-resolved
Butts Land Co LLC
Entity
Mailing address
4 HEITZINGER PLZA, SEASIDE, CA 93955-3613
Ownership since
2014
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
Mar 3, 2025
—
Butts Land Company LLC
—
Deed
related
$3,350,000 · Fremont Bank
Mar 31, 2020
—
Butts Land Co LLC
—
Deed
related
$4,000,000 · Fremont Bk
Nov 13, 2014
—
Butts Land Co LLC
Butts Donald & C Trust
Quit Claim Deed
—
Mar 10, 2014
—
Butts,donald & Cecily Trust
Butts Donald & C Trust
Quit Claim Deed
related
—
Jan 6, 2014
$1,226,500
Butts,donald & Cecily Trust
Butts,j Arch
Grant Deed
related
—
—
—
Butts Land Co LLC
—
Loan Modification
related
$4,000,000 · Fremont Bk
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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