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Property profile & analytics
OFF-MARKET
Estimated value
$2,485,000
Showrooms
840 Broadway Ave Seaside, CA 93955-4311
Entity Owned
3-yr Hold
Free & Clear
Property ID
US09-2829839
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2007
Construction
WOOD
Total area
7,756 SF
Lot
0.55 ac (23,958 SF)
APN
011-297-002-000
UPID
US09-2829839
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
-
MYO Frozen Yogurt Cafe & Coffee Shop Take-out & Catering
-
Erik's DeliCafé Take-out & Catering Catering Service
-
Halfpipe Cannabis Weed Dispensary Seaside (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.65M
Comparable Approach
Comparable
$2.59M
Blend (final)
Blend
$2.49M
Owner & transaction history
J And S Seaside Properties LLC · 3 yrs held
J And S Seaside Properties LLC
since 2023
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 Seaside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seaside 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%
$1,785,000
6.5%
$1,645,000
7%
$1,530,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,445,000
Current use
OFFICE BUILDING
$3,210,000
Change: -7% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,190,000
Change: -8% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,095,000
Change: -10% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,065,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$2.49M
Range $2.24M – $2.73M · ±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
$320 / 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
$44,734
Tax year 2023
Assessed value
$4,054,000
Assessed 2023
Previous assessed
$4,054,000
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,197,900
Assessed improvement
$2,856,100
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
NONE
Buildings
3
Stories
1
Rooms
13
Bathrooms
8
Total area
7,756 SF
Lot
0.55 ac (23,958 SF)
APN
011-297-002-000
UPID
US09-2829839
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
$3.4M
OFFICE BUILDING
Est. value
$3.2M
INDUSTRIAL (GENERAL)
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.1M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2007
Construction
WOOD
Heating
NONE
Stories
1
Buildings
3
Rooms
13
Bathrooms
8
Lot
0.55 ac
Current owner
From public records · entity-resolved
J And S Seaside Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
4006 W WOODBRIDGE RD LODI
Ownership since
2023
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
Jan 26, 2023
—
J And S Seaside Properties LLC
James J Molles
Grant Deed
—
Dec 29, 2022
$4,054,000
James J Molles
Verducci Enterprises LP
Grant Deed
—
Jan 12, 2018
—
Verducci Ents LP
—
Deed
related
$920,000 · Verducci F P & Lenore J (pt)
Nov 21, 2013
—
Ents LP Verducci
Verducci Ents LP
Quit Claim Deed
related
—
Nov 8, 2013
$18,900,000
Ents LP Verducci
Seaside City Center Project
Grant Deed
$1,450,000 · Standard Insurance Co
Nov 8, 2013
—
Ents LP Verducci
Seaside City Center Project
Grant Deed
related
—
Aug 6, 2009
$11,125,182
Seaside City Ctr Project LLC
Orosco Dev 10 LLC
Grant Deed
—
—
—
Verducci Ents LP
—
Deed Of Trust
related
$920,000 · Verducci F P & Lenore J (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.
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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