Property profile

416 Alvarado St Monterey, CA 93940

OFF-MARKET
Investment properties
Property ID
US10-2055081
26,093 SF Built 1910
Individually Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1910
Construction TILT-UP CONCRETE
Total area 26,093 SF
APN 001-572-013-000
UPID US10-2055081

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Pharmacy
  • Pharmacy
  • Postal Service Courier Service
  • Atm

Location

416 Alvarado St Monterey, CA 93940-2711
Monterey metro Census 12700 SALINAS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.54M
Comparable Approach Comparable
$7.16M
Blend (final) Blend
$6.43M

Owner & transaction history

since 2023
Last sale
$6.5M
3 recorded transactions
2023
$6.5M
2023
Price N/A
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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