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Property profile & analytics
OFF-MARKET
Estimated value
$2,620,000
Retail space
7700 Monterey St Gilroy, CA 95020-5218
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-3735262
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Construction
TILT-UP CONCRETE
Total area
6,788 SF
Lot
0.62 ac (27,007 SF)
Zoning code
C2
APN
841-04-018
UPID
US09-3735262
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.50M
CAP Approach
CAP
$2.82M
Comparable Approach
Comparable
$3.39M
Blend (final)
Blend
$2.62M
Owner & transaction history
Anastasios Kontoudakis 2022 Separate Property
Anastasios Kontoudakis 2022 Separate Property
since 2026
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
C2 · Gilroy, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.4M
+13.0%
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 Gilroy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilroy 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
$2,515,000
ML approach
$2,500,000
CAP Approach
CAP Return
Estimation
6%
$3,055,000
6.5%
$2,820,000
7%
$2,620,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,135,000
Current use
WAREHOUSE, STORAGE
$2,415,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$1,895,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$2.62M
Range $2.36M – $2.88M · ±10% · vs last sale $2.63M (Apr 14 2023)
Last sale anchor
$2.63M
Apr 14 2023
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
$386 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$33,249
Tax year 2024
Assessed value
$2,677,500
Assessed 2024
Previous assessed
$2,677,500
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,632,000
Assessed improvement
$1,045,500
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
6,788 SF
Lot
0.62 ac (27,007 SF)
Zoning code
C2
APN
841-04-018
UPID
US09-3735262
Jurisdiction
SANTA CLARA
Zoning & alternative use
C2 · Gilroy, CA
Zoning C2 · permitted uses
C2 · Gilroy, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gilroy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.1M
WAREHOUSE, STORAGE
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.9M
RETAIL STORES Current
WAREHOUSE, STORAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Anastasios Kontoudakis 2022 Separate Property
Entity
Free & Clear · 0 yrs held
Mailing address
316 SMITH RD, WATSONVILLE, CA 95076-8680
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2026
—
Anastasios Kontoudakis 2022 Separate Property
Kontoudakis
Deed
related
—
Apr 14, 2023
$2,625,000
John Kontoudakis
Dama Monterey Street LLC
Grant Deed
—
Feb 18, 2022
—
Dama Monterey Street LLC
Bruces Tires INC
Grant Deed
—
Jun 25, 2018
$280,000
Louis Goodman-gilory
Goodman L & S E F/tr
Grant Deed
related
—
Jan 2, 2018
—
Bruce S Tires INC
Kurt G Fahlman
Grant Deed
$1,190,000 · Wells Fargo Bank NA
Mar 29, 2012
—
Goodman Family Trust
Goodman Family Trust
Quit Claim Deed
related
—
Dec 15, 2005
—
Hector L Hernandez
Llamas,maria G
Grant Deed
related
$600,000 · Heritage Bank Of Commerce
Dec 22, 1997
$280,000
Louis Goodman Gilory
Goodman Trust
Grant Deed
related
—
Jun 30, 1997
$280,000
Goodman Trust
Filice Trust
Trustees Deed
—
Jun 30, 1997
—
Julia M Filice Trustee
Filice,julia
Quit Claim Deed
related
—
Sep 19, 1996
—
Filice Trust
Filice,joseph A & Jeanne K
Quit Claim Deed
related
—
Oct 6, 1994
$255,000
Joseph A Filice
South County Alternatives
Trustees Deed
—
Nov 8, 1988
$460,000
South County Alt
Filice,j.&j./fil
Grant Deed
related
$368,000 · Individual
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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