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Property profile & analytics
OFF-MARKET
Estimated value
$1,630,000
Manufacturing properties
744 La Guardia St, Salinas, CA 93905-3358
Trust Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-1492897
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1999
Total area
17,560 SF
Lot
8.7 ac (378,971 SF)
APN
003-863-028-000
UPID
US09-1492897
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
-
Natural Resources Conservation Sustainability Organization
-
US Consolidated Farm Services Agency Sustainability Organization
-
US Agricultural Department Government Office
-
Resource Conservation District of Monterey County Agricultural Organization
-
USDA Rural Development Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$1.63M
Owner & transaction history
Hearne,james & Trina Trust · 8 yrs held
Hearne,james & Trina Trust
since 2018
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 Salinas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salinas 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.63M
Range $1.47M – $1.79M · ±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
$93 / 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
$120,348
Tax year 2023
Assessed value
$10,166,604
Assessed 2023
Previous assessed
$10,166,604
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$573,876
Assessed improvement
$9,592,728
Applied tax rate
5.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1999
Heating
NONE
Buildings
3
Stories
1
Total area
17,560 SF
Lot
8.7 ac (378,971 SF)
APN
003-863-028-000
UPID
US09-1492897
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
1999
Heating
NONE
Stories
1
Buildings
3
Lot
8.7 ac
Current owner
From public records · entity-resolved
Hearne,james & Trina Trust
Trust
Mailing address
PO BOX 9440, FRESNO, CA 93792-9440
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2018
—
Hearne,james & Trina Trust
Hearne,james M & Trina
Quitclaim Deed
related
—
May 26, 2015
—
Salinas Airport Business Cente
Wolff H & R W Family Trust
Grant Deed
related
—
Feb 13, 2007
—
Salinas Airport Business Ctr
Abergel Isaac Trust
Quit Claim Deed
related
—
May 23, 2003
—
Abergel,tr
Abergel,isaac
Quit Claim Deed
related
—
Nov 4, 1998
—
Isaac Abergel
—
Deed Of Trust
related
$8,900,000 · Wells Fargo Bank
Feb 19, 1998
—
Samuel Kobrinsky
Kobrinsky,marqueita D
Quit Claim Deed
related
—
—
—
Salinas Airport Business Cente
—
Deed Of Trust
related
$5,800,000 · Rabobank
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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