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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Automotive properties
537 Anthony St Monterey, CA 93940-3002
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-2535014
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1940
Construction
WOOD FRAME
Total area
1,222 SF
Lot
0.09 ac (4,000 SF)
APN
001-712-010-000
UPID
US09-2535014
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
-
Kyler Engineering Structural Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$760k
Blend (final)
Blend
$890k
Owner & transaction history
Monterey Design Collective LLC · 6 yrs held
Monterey Design Collective LLC
since 2020
Last sale
$665,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$665,000
+36.5%
Commercial (general)
$615,000
+25.8%
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
$890,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$485,000
Current use
OFFICE BUILDING
$665,000
Change: +36% · Conversion: Difficult
COMMERCIAL (GENERAL)
$615,000
Change: +26% · Conversion: Moderate
Blend value · Realmo final
$890k
Range $801k – $979k · ±10% · vs last sale $665k (Jan 28 2020)
Last sale anchor
$665k
Jan 28 2020
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
$728 / 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
$7,681
Tax year 2023
Assessed value
$699,030
Assessed 2023
Previous assessed
$699,030
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$420,470
Assessed improvement
$278,560
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1940
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Rooms
2
Bathrooms
1
Total area
1,222 SF
Lot
0.09 ac (4,000 SF)
APN
001-712-010-000
UPID
US09-2535014
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
AUTO REPAIR, GARAGE Current
Est. value
$485,000
OFFICE BUILDING
Est. value
$665,000
COMMERCIAL (GENERAL)
Est. value
$615,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1940
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Rooms
2
Bathrooms
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Monterey Design Collective LLC
Entity
Mailing address
503 PEARL ST, MONTEREY, CA 93940-3019
Ownership since
2020
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
Jan 28, 2020
$665,000
Monterey Design Collective LLC
Molinari M E 2007 Trust
Grant Deed
$532,000 · Bank Of The West
Jun 7, 2019
—
Molinari,martial E 2007 Trust
Molinari,martial E
Quit Claim Deed
related
—
Dec 12, 2017
$472,500
Martial E Molinari
Barnes Clair W & Ethel P Trpt
Grant Deed
—
Aug 10, 2016
—
Michael J Barnes
Barnes,ethel P
Affidavit Of Death
related
—
Dec 23, 2004
—
Barnes Clair W & Ethel P Trust
Barnes Clair & Ethel Trust
Quit Claim Deed
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.
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