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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Commercial real estate
538 Salinas Rd Royal Oaks, CA 95076-5344
Trust Owned
5-yr Hold
Property ID
US10-2473953
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1901
Construction
WOOD
Total area
1,680 SF
Lot
0.34 ac (15,000 SF)
APN
117-271-004-000
UPID
US10-2473953
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
$530k
CAP Approach
CAP
$355k
Comparable Approach
Comparable
$512k
Blend (final)
Blend
$500k
Owner & transaction history
Perez,m A R & Ramos 2020 Trust · 5 yrs held
Perez,m A R & Ramos 2020 Trust
since 2020
Last sale
$455,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$695,000
+8.9%
Auto repair, garage
$670,000
+5.0%
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 Royal Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Royal Oaks 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
$550,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
$385,000
6.5%
$355,000
7%
$330,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$640,000
Current use
OFFICE BUILDING
$695,000
Change: +9% · Conversion: Easy
AUTO REPAIR, GARAGE
$670,000
Change: +5% · Conversion: Difficult
MEDICAL BUILDING
$520,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $455k (Sep 24 2020)
Last sale anchor
$455k
Sep 24 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
$298 / 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
$8,685
Tax year 2023
Assessed value
$730,691
Assessed 2024
Previous assessed
$716,365
+2.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$427,910
Assessed improvement
$302,781
Applied tax rate
53.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1901
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Rooms
7
Bathrooms
1
Total area
1,680 SF
Lot
0.34 ac (15,000 SF)
APN
117-271-004-000
UPID
US10-2473953
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
$640,000
OFFICE BUILDING
Est. value
$695,000
AUTO REPAIR, GARAGE
Est. value
$670,000
MEDICAL BUILDING
Est. value
$520,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1901
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Rooms
7
Bathrooms
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Perez,m A R & Ramos 2020 Trust
Trust
Mailing address
PO BOX 1675, FREEDOM, CA 95019-1675
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2020
—
Perez,m A R & Ramos 2020 Trust
Miguel A Ramos
Quit Claim Deed
related
—
Oct 27, 2006
—
Miguel A Ramos
Ramos,miguel A
Quit Claim Deed
related
—
Oct 25, 2006
—
Miguel A Ramos
Ramos,irene B
Quit Claim Deed
related
$442,400 · Impac Lending Group
Jan 19, 2006
$455,000
Miguel A Ramos
Moore,forrest P
Grant Deed
$147,500 · Forrest P Moore
Oct 18, 2005
$359,679
Forrest P Moore
Santa Cruz Title Co
Trustees Deed
related
—
May 3, 2001
$392,000
Juventino Lopez
Moore,forrest P
Grant Deed
$196,000 · Forrest P
—
—
Juventino Lopez
—
Deed Of Trust
related
$383,801 · Barry & Judy Ferro
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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