New search
Property profile & analytics
OFF-MARKET
Warehouses
516 Dolan Rd, Castroville, CA 95012
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-5377667
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD (JUNK, SALVAGE)
Year built
1958
Total area
1,638 SF
Lot
69.58 ac (3,030,904 SF)
APN
131-054-004-000
UPID
US09-5377667
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jason Mccombs · 9 yrs held
Jason Mccombs
since 2016
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 Castroville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Castroville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,973
Tax year 2023
Assessed value
$959,343
Assessed 2023
Previous assessed
$959,343
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$959,343
Applied tax rate
99.0000
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
Warehouses
Use group
STORAGE YARD (JUNK, SALVAGE)
Status
Off-Market
Year built
1958
Heating
NONE
Stories
1
Rooms
6
Bathrooms
1
Total area
1,638 SF
Lot
69.58 ac (3,030,904 SF)
APN
131-054-004-000
UPID
US09-5377667
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
1958
Heating
NONE
Stories
1
Rooms
6
Bathrooms
1
Lot
69.58 ac
Current owner
From public records · entity-resolved
Jason Mccombs
Individual
Mailing address
353 GLENWOOD DR, SCOTTS VALLEY, CA 95066-3208
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
25 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2023
—
Jason Mccombs
—
Deed
related
$685,000 · Lee Family Trust
Nov 8, 2016
$8,600,000
Jason Mccombs
Rubicon Mtg Fund LLC
Grant Deed
$760,000 · Rubicon Mortgage Fund LLC
Jun 10, 2016
—
Cutler,deborah L Living Trust
Cutler,deborah L
Quitclaim Deed
related
—
Jun 30, 2015
$15,000
Rubicon Mtg Fund LLC
Wagoner N J Family Trust
Grant Deed
—
Feb 10, 2015
$500,000
Rubicon Mortgage Fund LLC|wagoner,nancy J Family T
California Td Specialists|loan Exchange Group
Trustees Deed
related
—
May 13, 2011
—
Santa Clara University-school
Nelsen,james W
Quit Claim Deed
related
—
Feb 2, 2006
$525,000
Dolan Dev Partners Ltd
Loan Exchange Group
Trustees Deed
related
—
Oct 10, 2003
—
Doris E Dolan
Dolan,doris E
Quit Claim Deed
related
—
Jun 23, 2003
—
William T Dolan
Dolan,doris E
Quit Claim Deed
related
—
Aug 9, 1996
$800,000
Dolan Development Partners Ltd
Nash Services INC
Trustees Deed
—
Feb 6, 1991
$490,000
Nash Services In
Hintz,martha L
Trustees Deed
related
—
—
—
Loan Exchange Group
—
Deed Of Trust
related
$1,000,000 · Alliance Capital Funding LLC
—
—
Dolan Development Partners Ltd
—
Deed Of Trust
related
$350,000 · Western Family Financial Corp
—
—
Loan Exchange Group
—
Deed Of Trust
related
$1,150,000 · Elkhorn Land Co LLC
—
—
Loan Exchange Group
—
Deed Of Trust
related
$3,500,000 · No Lender On Document
—
—
Loan Exchange Group
—
Deed Of Trust
related
$1,150,000 · Elkhorn Land Co
—
—
Dolan Development Partners Ltd
—
Deed Of Trust
related
$70,000 · Bohnen Rosenthal & Dusenbury
—
—
Nash Services In
—
Deed Of Trust
related
$85,000 · Seller
—
—
Loan Exchange Group
—
Deed Of Trust
related
$650,000 · Kevin Bush
—
—
Loan Exchange Group
—
Deed Of Trust
related
$250,000 · Jim Pettit
—
—
Loan Exchange Group
—
Deed Of Trust
related
$1,000,000 · Elkhorn Land Co
—
—
Doris Dolan
—
Deed Of Trust
related
$70,000 · James W Nelsen
—
—
Nash Services In
—
Deed Of Trust
related
—
—
—
Nash Services In
—
Deed Of Trust
related
—
—
—
Nash Services In
—
Deed Of Trust
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 516 Dolan Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.