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Property profile & analytics
OFF-MARKET
Estimated value
$4,525,000
Warehouses
755 Vertin Ave Salinas, CA 93901-4547
Trust Owned
6-yr Hold
Free & Clear
Property ID
US09-2539630
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1959
Total area
60,192 SF
Lot
3.2 ac (139,500 SF)
APN
003-591-009-000
UPID
US09-2539630
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
-
Hydraulic Sales & Services General Contractor
-
Monterey Bay Door Building Supply Industrial Manufacturer
-
Staley Construction Inc Construction Company General Contractor
-
Salinas Valley Roofing Roofing Company General Contractor
-
Salinas Valley Machining Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.12M
Blend (final)
Blend
$4.53M
Owner & transaction history
Goldman,christopher T 2019 Trust · 6 yrs held
Goldman,christopher T 2019 Trust
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 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
$4.53M
Range $4.07M – $4.98M · ±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
$75 / 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
$32,683
Tax year 2023
Assessed value
$2,786,513
Assessed 2023
Previous assessed
$2,786,513
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,336,024
Assessed improvement
$1,450,489
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1959
Heating
NONE
Total area
60,192 SF
Lot
3.2 ac (139,500 SF)
APN
003-591-009-000
UPID
US09-2539630
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
1959
Heating
NONE
Lot
3.2 ac
Current owner
From public records · entity-resolved
Goldman,christopher T 2019 Trust
Trust
Free & Clear · 6 yrs held
Mailing address
263 LINCOLN AVE, SALINAS, CA 93901-2638
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2019
—
Goldman,christopher T 2019 Trust
Goldman,christopher T
Quit Claim Deed
related
—
Dec 7, 2007
—
Jeffrey S Goldman
Goldman,rebecca
Quit Claim Deed
related
—
Dec 7, 2007
$1,204,500
Bradley T Goldman
Goldman,stephen W
Grant Deed
related
—
Dec 29, 2004
—
Bradley T Goldman
Kelley Lela F 1990 Trust
Grant Deed
related
—
Dec 29, 2004
$630,000
Kelley Lela F 1990 Trust
Kelley Lela F 1990 Trust
Grant Deed
related
—
Aug 12, 2004
—
Bradley T Goldman
Goldman,warren D
Quit Claim Deed
related
—
Jul 21, 2004
—
Goldman,tr
Goldman,rodney D
Quit Claim Deed
related
—
Mar 10, 2004
—
Warren D Goldman
Goldman,tr
Quit Claim Deed
related
—
Dec 30, 2003
—
Bradley T Goldman
Goldman,harvey D
Quit Claim Deed
related
—
Dec 31, 2002
—
Bradley T Goldman
Goldman,harvey D
Quit Claim Deed
related
—
Jul 17, 1998
—
Goldman Trust
Goldman Trust
Quit Claim Deed
related
—
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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