New search
Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Office buildings
7901 San Miguel Cyn Rd, Salinas, CA 93907-1218
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-2753938
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Total area
2,419 SF
Lot
0.08 ac (3,322 SF)
APN
127-012-029-000
UPID
US09-2753938
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
-
Central Coast Home Loans Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
$615k
Comparable Approach
Comparable
$936k
Blend (final)
Blend
$750k
Owner & transaction history
Eliberto Sanchez Garcia · 1 yrs held
Eliberto Sanchez Garcia
since 2024
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$965,000
+36.0%
Commercial (general)
$765,000
+7.7%
Medical building
$750,000
+5.6%
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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
$665,000
6.5%
$615,000
7%
$570,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$710,000
Current use
AUTO REPAIR, GARAGE
$965,000
Change: +36% · Conversion: Difficult
COMMERCIAL (GENERAL)
$765,000
Change: +8% · Conversion: Easy
MEDICAL BUILDING
$750,000
Change: +6% · Conversion: Easy
RETAIL STORES
$705,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Dec 27 2024)
Last sale anchor
$750k
Dec 27 2024
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
$310 / 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
$7,378
Tax year 2023
Assessed value
$656,078
Assessed 2023
Previous assessed
$656,078
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$202,758
Assessed improvement
$453,320
Applied tax rate
99.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Heating
NONE
Units
1
Total area
2,419 SF
Lot
0.08 ac (3,322 SF)
APN
127-012-029-000
UPID
US09-2753938
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$710,000
AUTO REPAIR, GARAGE
Est. value
$965,000
COMMERCIAL (GENERAL)
Est. value
$765,000
MEDICAL BUILDING
Est. value
$750,000
RETAIL STORES
Est. value
$705,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
Heating
NONE
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Eliberto Sanchez Garcia
Individual
Mailing address
17851 NORTHWOOD PL, PRUNEDALE, CA 93907-8837
Ownership since
2024
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
Dec 27, 2024
$750,000
Eliberto Sanchez Garcia
Gloria J Hennessy
Grant Deed
$510,000 · 2000 Hennessy Family Trust
Dec 21, 2000
—
Hennessy Trust
Hennessy,patrick J & Gloria J
Quit Claim Deed
related
—
Sep 13, 2000
—
Paul Owen
America West Distributing INC
Quit Claim Deed
related
—
Sep 13, 2000
$111,500
Hennessy,patrick & Gloria
Owen,paul & Debra
Trustees Deed
related
—
Jun 16, 1994
—
Dennis R Keith
Keith,janice A
Quit Claim Deed
related
—
Jun 16, 1994
$325,000
Owen,paul & Debra
Keith,dennis R
Trustees Deed
$292,500 · Bank Of Salinas
—
—
Paul Owen
—
Deed Of Trust
related
$352,500 · Comerica Bank California
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7901 San Miguel Cyn Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
