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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Commercial real estate
467 El Camino Real S Salinas, CA 93908-9640
Individually Owned
5-yr Hold
Free & Clear
Property ID
US09-1314500
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1972
Construction
WOOD
Total area
1,836 SF
Lot
1 ac (43,560 SF)
APN
137-021-016-000
UPID
US09-1314500
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
-
PatriaPride Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$965k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$839k
Blend (final)
Blend
$830k
Owner & transaction history
Aurelio Meza · 5 yrs held
Aurelio Meza
since 2021
Last sale
$785,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$730,000
+26.3%
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 Salinas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salinas 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
$1,070,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$580,000
Current use
AUTO REPAIR, GARAGE
$730,000
Change: +26% · Conversion: Difficult
MEDICAL BUILDING
$570,000
Change: -2% · Conversion: Easy
OFFICE BUILDING
$540,000
Change: -7% · Conversion: Easy
RETAIL STORES
$535,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$830k
Range $747k – $913k · ±10% · vs last sale $785k (Mar 17 2021)
Last sale anchor
$785k
Mar 17 2021
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
$452 / 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
$11,705
Tax year 2023
Assessed value
$875,679
Assessed 2023
Previous assessed
$875,679
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$446,206
Assessed improvement
$429,473
Applied tax rate
51.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1972
Construction
WOOD
Heating
CENTRAL
Buildings
2
Stories
1
Rooms
9
Bathrooms
3
Total area
1,836 SF
Lot
1 ac (43,560 SF)
APN
137-021-016-000
UPID
US09-1314500
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
$580,000
AUTO REPAIR, GARAGE
Est. value
$730,000
MEDICAL BUILDING
Est. value
$570,000
OFFICE BUILDING
Est. value
$540,000
RETAIL STORES
Est. value
$535,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1972
Construction
WOOD
Heating
CENTRAL
Stories
1
Buildings
2
Rooms
9
Bathrooms
3
Lot
1 ac
Current owner
From public records · entity-resolved
Aurelio Meza
Individual
Free & Clear · 5 yrs held
Mailing address
1801 CHABLIS WAY, GONZALES, CA 93926-9236
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2021
—
Aurelio Meza
Aurelio Meza
Intrafamily Transfer
related
—
Mar 12, 2021
—
Aurelio Meza
Bertha Leticia Meza
Intrafamily Transfer
related
$489,000 · Guild Mortgage Co
Sep 13, 2018
—
Meza,aurelio & Bertha F Trust
Meza,aurelio U
Quit Claim Deed
related
—
Sep 9, 2016
$785,000
Aurelio U Meza
Calvin T Piearcy
Grant Deed
$525,000 · Royal Pacific Funding Corp
Sep 9, 2016
—
Aurelio U Meza
Meza,bertha L
Quit Claim Deed
related
—
Dec 9, 1999
$360,000
Piearcy Trust
Martin,ouita
Grant Deed
—
Jul 29, 1999
$316,916
Quita Martin
Dawson,james M
Trustees Deed
—
Sep 14, 1998
$415,000
Au Trust
Peirce Trust
Grant Deed
$290,500 · Caalliancer Mortgage Trust
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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