Technical
Financial
Distress signals
Property profile

426 Cortes St Monterey, CA 93940

OFF-MARKET
Commercial land
Property ID
US09-3613597
0.04 ac lot
Individually Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.04 ac (1,655 SF)
APN 001-712-004-000
UPID US09-3613597

Cap rate & NOI

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

Location

426 Cortes St Monterey, CA 93940-3007
Monterey metro Census 12700 SALINAS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2020
7 recorded transactions
2020
Price N/A
2019
Price N/A
2019
Price N/A
2018
$811,000
2004
$540,000
1999
Price N/A
1994
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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