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Property profile & analytics
OFF-MARKET
Estimated value
$4,255,000
Showrooms
724 Abrego St Monterey, CA 93940-3100
Entity Owned
6-yr Hold
Free & Clear
Property ID
US09-2527402
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1965
Construction
WOOD
Total area
15,898 SF
Lot
0.92 ac (40,000 SF)
APN
001-682-009-000
UPID
US09-2527402
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
-
Great Wall Szechuan and Mandarin Cuisine Restaurant
-
Coffee Religion Cafe & Coffee Shop
-
Mountain Mike's Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.38M
Comparable Approach
Comparable
$3.76M
Blend (final)
Blend
$4.26M
Owner & transaction history
Cypress Plaza INC · 6 yrs held
Cypress Plaza INC
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,655,000
6.5%
$3,375,000
7%
$3,135,000
Blend value · Realmo final
$4.26M
Range $3.83M – $4.68M · ±10%
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
$268 / 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
$57,740
Tax year 2023
Assessed value
$5,255,891
Assessed 2023
Previous assessed
$5,255,891
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$2,733,063
Assessed improvement
$2,522,828
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
11
Bathrooms
2
Total area
15,898 SF
Lot
0.92 ac (40,000 SF)
APN
001-682-009-000
UPID
US09-2527402
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
1965
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
11
Bathrooms
2
Lot
0.92 ac
Current owner
From public records · entity-resolved
Cypress Plaza INC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 1749, PEBBLE BEACH, CA 93953-1749
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2019
$5,000,000
Cypress Plaza INC
Cypress Plaza Center LLC
Grant Deed
—
Jul 17, 2019
—
Seaside Dining Group INC
—
Deed
related
—
Mar 1, 2017
—
Cypress Plaza Center LLC
—
Deed
related
$600,000 · Pacific Vly Bk
Feb 24, 2015
—
Cypress Plaza Center LLC
Quigley Robert G
Quit Claim Deed
related
—
Feb 9, 2015
—
Robert G|sieber Prudence A Quigley
Quigley Robert J Trust
Quit Claim Deed
related
—
Jun 18, 2013
—
Robert G Quigley
Quigley,robert J
Affidavit Of Death
related
—
Oct 1, 2007
—
Quigley Robert J Trust
Quigley,robert J
Quit Claim Deed
related
—
—
—
Seaside Dining Group INC
—
Deed Of Trust
related
—
—
—
Cypress Plaza Center LLC
—
Deed Of Trust
related
$600,000 · Pacific Vly Bk
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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