Property profile

507 Central Ave Pacific Grove, CA 93950

OFF-MARKET
Medical Office Space
Property ID
US09-1419283
2,480 SF 0.09 ac lot Built 1962
Trust Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1962
Construction WOOD
Total area 2,480 SF
Lot 0.09 ac (4,020 SF)
APN 006-175-011-000
UPID US09-1419283

Cap rate & NOI

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

Location

507 Central Ave Pacific Grove, CA 93950-2704
Pacific Grove metro Census 12401 SALINAS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
$645k
Comparable Approach Comparable
$326k
Blend (final) Blend
$510k

Owner & transaction history

since 2011
3 recorded transactions
2011
Price N/A
2011
$850,000
1969
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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