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Property profile & analytics
FOR SALE
Community centers
7925 San Miguel Canyon Rd Salinas, CA 93907
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-3948472
For Sale
1 / 2
$18,676,250
7925 San Miguel Canyon Rd, Salinas, CA 93907
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1973
Construction
WOOD
Total area
16,170 SF
Lot
0.37 ac (16,170 SF)
APN
127-012-022-000
UPID
US09-3948472
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
$16.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.55M
Owner & transaction history
Argo Prunedale LLC · 1 yrs held
Argo Prunedale LLC
since 2024
Last sale
$16.6M
4 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
$16,550,000
ML approach
$16,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$16.55M
Range $14.90M – $18.21M · ±10% · vs last sale $16.55M (Nov 21 2024)
Last sale anchor
$16.55M
Nov 21 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
$1,024 / 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
$13,781
Tax year 2023
Assessed value
$1,237,166
Assessed 2023
Previous assessed
$1,237,166
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$235,647
Assessed improvement
$1,001,519
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
Community centers
Use group
MINI-MALL
Status
For Sale
Year built
1973
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
3
Bathrooms
2
Total area
16,170 SF
Lot
0.37 ac (16,170 SF)
APN
127-012-022-000
UPID
US09-3948472
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
1973
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
3
Bathrooms
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
Argo Prunedale LLC
Entity
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2024
$16,550,000
Argo Prunedale LLC
Moffett Creek Ranch Partnership
Grant Deed
$9,930,000 · Oregon Corporation
Feb 16, 2024
—
Ke De 22074 LLC
Anne Peck
Lease
—
Aug 6, 2019
—
Moffett Creek Ranch Ptshp
—
Loan Modification
related
$7,685,000 · Tri Counties Bank
Jan 2, 2014
$13,631,500
Moffett Creek Ranch Ptshp
Prunedale Shopping Center LP
Grant Deed
$7,504,200 · Tri Counties Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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