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Property profile & analytics
OFF-MARKET
Drive through restaurants
600 Canal St King City, CA 93930-3529
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-0527779
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1987
Construction
WOOD
Total area
3,049 SF
Lot
0.99 ac (43,124 SF)
APN
026-421-004-000
UPID
US09-0527779
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
-
Burger King Restaurant
-
Tesla Supercharger Electric Vehicle Charging Station
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
Jcc Canal LLC · 6 yrs held
Jcc Canal LLC
since 2019
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 King City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs King City 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
$23,521
Tax year 2023
Assessed value
$1,970,118
Assessed 2023
Previous assessed
$1,970,118
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$956,179
Assessed improvement
$1,013,939
Applied tax rate
2.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
4
Bathrooms
2
Total area
3,049 SF
Lot
0.99 ac (43,124 SF)
APN
026-421-004-000
UPID
US09-0527779
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
1987
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
4
Bathrooms
2
Lot
0.99 ac
Current owner
From public records · entity-resolved
Jcc Canal LLC
Entity
Mailing address
PO BOX 12260, SAN LUIS OBISPO, CA 93406-2260
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2019
$1,050,000
Jcc Canal LLC
Tmc Canal LLC
Grant Deed
—
Feb 25, 2015
—
Jcc Canal LLC|tmc Canal LLC
Cp Mooney LLC
Grant Deed
—
Aug 7, 2013
—
Cp Mooney LLC
Worthing John L
Grant Deed
related
—
Jun 20, 2013
$1,950,000
Copeland Properties LLC
Worthing John L
Grant Deed
—
Jan 17, 2003
—
John,l Tr
Worthing,j
Quit Claim Deed
related
—
Jan 17, 2003
$186,000
John,l Tr
Sakowski,v
Grant Deed
related
—
Jun 26, 2002
—
Vincent E Sakowski
Sakowski,ellen
Quit Claim Deed
related
—
Jun 26, 2002
$1,016,500
John L Worthing
Mallard Holding Co LLC
Grant Deed
$2,145,000 · Cupertino Nat'l Bank & Trust
Feb 11, 1999
—
Mallard Holding Co LLC
Rio Vista Holdings INC
Grant Deed
$953,500 · Franchise Acceptance Corp Ltd
Jan 28, 1999
$640,000
Forden Development Corp
Greenberg Trust
Trustees Deed
—
Jan 28, 1999
$954,000
Rio Vista Holdings INC
Forden Development Corp
Trustees Deed
related
—
Dec 5, 1997
—
Greenberg-hayes Trust
Hayes Trust
Quit Claim Deed
related
—
Aug 30, 1991
$185,000
Beverly A Hayes
Forden Dev Crop
Grant Deed
—
—
—
Mallard Holding Co LLC
—
Deed Of Trust
related
$6,000,000 · Franchise Acceptance Corp Ltd
—
—
Worthing John & Margaret Tr
—
Deed Of Trust
related
$2,000,000 · Bridge Bank NA
—
—
Worthing John L & Margaret L Tr
—
Deed Of Trust
related
$1,200,000 · Steve & Nancy Mayer
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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