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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Showrooms
677 Broadway Ave Sand City, CA 93955-4204
Trust Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-0965610
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1994
Total area
2,600 SF
Lot
0.09 ac (4,000 SF)
APN
011-557-005-000
UPID
US09-0965610
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
$515k
CAP Approach
CAP
$550k
Comparable Approach
Comparable
$619k
Blend (final)
Blend
$515k
Owner & transaction history
Caronia,a J & J M Living Trust · 5 yrs held
Caronia,a J & J M Living Trust
since 2020
Last sale
$435,000
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 Sand City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sand 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
Method
Estimation
Statistic approach
$525,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
$600,000
6.5%
$550,000
7%
$515,000
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $435k (Aug 7 2020)
Last sale anchor
$435k
Aug 7 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
$198 / 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
$6,925
Tax year 2023
Assessed value
$630,008
Assessed 2023
Previous assessed
$630,008
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$289,658
Assessed improvement
$340,350
Applied tax rate
10.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1994
Heating
NONE
Stories
1
Units
1
Rooms
3
Bathrooms
2
Total area
2,600 SF
Lot
0.09 ac (4,000 SF)
APN
011-557-005-000
UPID
US09-0965610
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
1994
Heating
NONE
Stories
1
Units
1
Rooms
3
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Caronia,a J & J M Living Trust
Trust
Mailing address
552 HANNON AVE, MONTEREY, CA 93940-4019
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2020
—
Caronia,a J & J M Living Trust
Anthony J Caronia
Quit Claim Deed
related
—
Oct 11, 2018
—
Anthony J Caronia
—
Deed
related
$330,000 · Wong William W Living Tr (lt)
Apr 28, 2017
—
Anthony J Caronia
—
Deed
related
$350,000 · Wheeler David Living Trust (lt
Aug 4, 2000
$435,000
Anthony J Caronia
Rodrigues,larry & Valentina
Grant Deed
$188,000 · Greenberg Trust
Jan 21, 2000
$350,000
Larry Rodrigues
Flores,frank G & Rita F
Grant Deed
$190,000 · Monterey County Bank
Jan 29, 1993
$108,500
Girolamo J Flores
Lipscomb,michael
Grant Deed
—
Jan 17, 1992
—
Michael Lipscomb
Gardner,jim D
Grant Deed
$70,000 · Individual
—
—
Anthony J Caronia
—
Deed Of Trust
related
$200,000 · David Wheeler
—
—
Anthony J Caronia
—
Deed Of Trust
related
$141,400 · Rodrigues Trust
—
—
Anthony J Caronia
—
Deed Of Trust
related
$350,000 · Wheeler David Living Trust (lt
—
—
Anthony J Caronia
—
Deed Of Trust
related
$330,000 · Wong William W Living Tr (lt)
—
—
Frank G Flores
—
Deed Of Trust
related
$200,000 · Wells Fargo Bank
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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