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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Office buildings
5 Harris Ct, Monterey, CA 93940-5750
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-3740011
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2001
Total area
2,560 SF
Lot
0.03 ac (1,350 SF)
APN
259-051-003-000
UPID
US09-3740011
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
-
Apquip Co General Contractor
-
Tonini Christopher Physician
-
Coast Auto Insurance Services Insurance Agency
-
Rubin Jerome L MD Physician
-
Buckely Radio Radio Station Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$730k
CAP Approach
CAP
$590k
Comparable Approach
Comparable
$726k
Blend (final)
Blend
$700k
Owner & transaction history
Weilian Su · 11 yrs held
Weilian Su
since 2015
Last sale
$695,000
5 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 Monterey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monterey 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
$665,000
ML approach
$730,000
CAP Approach
CAP Return
Estimation
6%
$640,000
6.5%
$590,000
7%
$550,000
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $695k (Feb 14 2025)
Last sale anchor
$695k
Feb 14 2025
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
$273 / 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
$4,339
Tax year 2023
Assessed value
$375,424
Assessed 2023
Previous assessed
$375,424
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$173,272
Assessed improvement
$202,152
Applied tax rate
3.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2001
Heating
NONE
Stories
2
Total area
2,560 SF
Lot
0.03 ac (1,350 SF)
APN
259-051-003-000
UPID
US09-3740011
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
2001
Heating
NONE
Stories
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
Weilian Su
Individual
Mailing address
30 CAMINO DE TRAVESIA, CARMEL VALLEY, CA 93924-9724
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2015
$325,000
Weilian Su
Buckley Communications INC
Grant Deed
$299,300 · Jpmorgan Chase Bank NA
Mar 17, 2015
—
Su Weilian
Su Yu
Quit Claim Deed
related
—
Jan 8, 2013
—
Buckley Communications INC
Buckley Broadcasting Corp
Quit Claim Deed
related
—
Dec 27, 1989
—
Court Par Harris
—
Grant Deed
related
$330,000 · Pacific Western National Bank
—
—
Buckley Communications INC
—
Deed Of Trust
related
$3,450,000 · Valley Bank
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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