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Property profile & analytics
OFF-MARKET
Office buildings
700 Airport Rd King City, CA 93930-2501
Entity Owned
Free & Clear
Property ID
US09-2085668
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2010
Lot
4.89 ac (213,226 SF)
APN
026-361-002-000
UPID
US09-2085668
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
-
Fresh Farms Inc Food Processing Plant
-
Fresh Foods Food Processing Plant
-
South County Packing Food Processing Plant
-
Mesa Business Park Business Park
-
Rava Ranches Food Processing Plant
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
Nino Family LP
Nino Family LP
since 2025
6 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
$13,070
Tax year 2023
Assessed value
$1,025,014
Assessed 2023
Previous assessed
$1,025,014
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$246,321
Assessed improvement
$778,693
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2010
Heating
NONE
Stories
2
Units
1
Rooms
26
Lot
4.89 ac (213,226 SF)
APN
026-361-002-000
UPID
US09-2085668
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
2010
Heating
NONE
Stories
2
Units
1
Rooms
26
Lot
4.89 ac
Current owner
From public records · entity-resolved
Nino Family LP
Entity
Free & Clear · 0 yrs held
Mailing address
700 AIRPORT RD, KING CITY, CA 93930-2501
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2025
—
Nino Family LP
The Jerry J Rava II Trust
Deed
related
—
Dec 28, 2018
$348,500
Nino Family LP
Rava Jerry J II Trust
Grant Deed
—
Sep 28, 2018
$348,500
Nino Family LP
Jerry J Rava SR & Suzanne Rava
Grant Deed
—
Jun 18, 2008
$10,000,000
Rava Suzanne Fam Liv Trust
Cag 45 INC
Grant Deed
—
Apr 30, 1993
—
Vegetabel Products Basic
—
Deed Of Trust
related
—
—
—
Jerry Joseph SR & Suzanne Rava
—
Deed Of Trust
related
$8,400,186 · Farm Credit Svcs
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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