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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Showrooms
92 La Mesa Dr Salinas, CA 93901-2901
Individually Owned
1-yr Hold
Free & Clear
Property ID
US09-2861751
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1978
Construction
TILT-UP CONCRETE
Total area
5,501 SF
Lot
0.21 ac (9,300 SF)
APN
016-101-029-000
UPID
US09-2861751
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
-
OnTrac Drop Box Logistics Company Freight Service
-
Animal Health Center Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$965k
CAP Approach
CAP
$1.12M
Comparable Approach
Comparable
$799k
Blend (final)
Blend
$960k
Owner & transaction history
Patricia D Ferguson · 1 yrs held
Patricia D Ferguson
since 2025
Last sale
$975,000
5 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
$930,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
$1,210,000
6.5%
$1,115,000
7%
$1,035,000
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±10% · vs last sale $975k (Apr 30 2025)
Last sale anchor
$975k
Apr 30 2025
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
$175 / 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
$1,567
Tax year 2023
Assessed value
$121,417
Assessed 2023
Previous assessed
$121,417
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$29,570
Assessed improvement
$91,847
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Rooms
6
Bathrooms
2
Total area
5,501 SF
Lot
0.21 ac (9,300 SF)
APN
016-101-029-000
UPID
US09-2861751
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
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Rooms
6
Bathrooms
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Patricia D Ferguson
Individual
Free & Clear · 1 yrs held
Mailing address
767 SAN SIMEON DR, SALINAS, CA 93901-1118
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2025
—
Patricia D Ferguson
Clint Ferguson
Deed
related
—
Apr 30, 2025
$975,000
Patricia D Ferguson
Jessica Hedlund
Grant Deed
$731,000 · The Henrikson Family Trust
Jul 3, 2006
—
Walker Family Trust
Walker,james D & Dana L
Quit Claim Deed
related
—
Jan 22, 1998
—
James D Walker
Walker,lorraine
Quit Claim Deed
related
—
Dec 12, 1997
—
James D Walker
Walker,lorraine
Quit Claim Deed
related
—
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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