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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Investment properties
835 Main St, Salinas, CA 93901-2436
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-3331509
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1937
Construction
WOOD
Total area
5,208 SF
Lot
0.19 ac (8,412 SF)
APN
002-534-032-000
UPID
US09-3331509
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
-
Family Car Title Loans Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
$1.06M
Comparable Approach
Comparable
$983k
Blend (final)
Blend
$1.02M
Owner & transaction history
Kralovsky LLC · 5 yrs held
Kralovsky LLC
since 2021
Last sale
$860,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.6M
+6.5%
Office building
$1.5M
+1.8%
Retail stores
$1.5M
+0.2%
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
$1,175,000
ML approach
$1,175,000
CAP Approach
CAP Return
Estimation
6%
$1,145,000
6.5%
$1,060,000
7%
$980,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,515,000
Current use
MEDICAL BUILDING
$1,615,000
Change: +6% · Conversion: Easy
OFFICE BUILDING
$1,540,000
Change: +2% · Conversion: Easy
RETAIL STORES
$1,520,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±10% · vs last sale $860k (Apr 16 2021)
Last sale anchor
$860k
Apr 16 2021
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
$196 / 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
$10,436
Tax year 2023
Assessed value
$896,084
Assessed 2023
Previous assessed
$896,084
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$364,140
Assessed improvement
$531,944
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1937
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Rooms
6
Bathrooms
4
Total area
5,208 SF
Lot
0.19 ac (8,412 SF)
APN
002-534-032-000
UPID
US09-3331509
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
COMMERCIAL (GENERAL) Current
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE 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
Year built
1937
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Rooms
6
Bathrooms
4
Lot
0.19 ac
Current owner
From public records · entity-resolved
Kralovsky LLC
Entity
Mailing address
17539 VIERRA CYN RD #265, SALINAS, CA 93907-3350
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2023
—
Kralovsky LLC
—
Deed
related
$602,000 · 1st Capital Bank
Apr 16, 2021
$860,000
Kralovsky LLC
Norcal Rentals LLC
Grant Deed
$602,000 · Cushman Rexrode Capital Corporation
Feb 28, 2018
—
Norcal Rentals LLC
Yang,peter & Joyce
Grant Deed
—
Dec 22, 2017
$725,000
Peter Yang
Stone,david F & Amy S
Grant Deed
—
Dec 22, 2017
—
David F Stone
Stone,david F
Quit Claim Deed
related
—
Aug 23, 2016
—
David F Stone
—
Deed
related
$200,000 · Stolich Whitney L Trust (pt)
Mar 28, 2013
—
Frank H Stone
Stone Frank H Living Trust
Quit Claim Deed
related
—
—
—
David F Stone
—
Deed Of Trust
related
$200,000 · Stolich Whitney L Trust (pt)
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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