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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Showrooms
420 Broadway St, King City, CA 93930-3101
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-0214149
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1931
Construction
TILT-UP CONCRETE
Total area
4,580 SF
Lot
0.34 ac (15,014 SF)
APN
026-162-016-000
UPID
US09-0214149
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
-
El Rey Market 2, Inc Food Market Farmer's Market
-
ATM Atm
-
El Filete De Oro Grocery & Convenience Store Specialty Food Shop
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$970k
Comparable Approach
Comparable
$991k
Blend (final)
Blend
$760k
Owner & transaction history
Filete De Oro LP · 9 yrs held
Filete De Oro LP
since 2017
7 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 King City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs King City 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%
$1,055,000
6.5%
$970,000
7%
$905,000
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
$166 / 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
$11,126
Tax year 2023
Assessed value
$925,876
Assessed 2023
Previous assessed
$925,876
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$669,309
Assessed improvement
$256,567
Applied tax rate
2.0000
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
1931
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Rooms
3
Bathrooms
2
Total area
4,580 SF
Lot
0.34 ac (15,014 SF)
APN
026-162-016-000
UPID
US09-0214149
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
1931
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Rooms
3
Bathrooms
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Filete De Oro LP
Entity
Mailing address
420 BROADWAY ST, KING CITY, CA 93930-3101
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2017
$830,000
Filete De Oro LP
El Rey Market 2 INC
Grant Deed
$698,000 · Umpqua Bank
Aug 4, 2010
$800,000
El Rey Market 2 INC
Kim,moon S
Grant Deed
$800,000 · Valley Community Bank
Jun 11, 2007
—
Moon S Kim
Kim,young K
Affidavit Of Death
related
—
Nov 1, 2005
$420,000
Young K Kim
Hak C Lee
Grant Deed
$756,000 · Wachovia Sba Lending INC
Nov 21, 2003
$500,000
Hak C Lee
Ledesma,arturo & Adela
Grant Deed
$230,000 · Arturo & Adela Ledesma
Mar 8, 2000
$325,000
Arturo Ledesma
Morris,roy F & Carole E
Grant Deed
$298,000 · Community Bank Central Ca
Sep 3, 1991
$260,000
Roy F Morris
Lavelle,carol M
Grant Deed
$235,000 · Seller
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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