Technical
Financial
Distress signals
Property profile

7423 Monterey St Gilroy, CA 95020

OFF-MARKET
Retail space
Property ID
US09-0670898
2,964 SF 0.08 ac lot Built 1912
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1912
Construction TILT-UP CONCRETE
Total area 2,964 SF
Lot 0.08 ac (3,400 SF)
Zoning code C2
APN 799-07-062
UPID US09-0670898

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7423 Monterey St Gilroy, CA 95020-5823
Gilroy metro Census 512603 SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.23M
Comparable Approach Comparable
$590k
Blend (final) Blend
$905k

Owner & transaction history

since 2022
5 recorded transactions
2022
Price N/A
2019
Price N/A
2005
Price N/A
2000
$250,000
1994
Price N/A

Zoning & alternative use

C2 · Gilroy, CA
Top alternative use upside
Warehouse, storage $1.1M +13.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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