Property profile

991 Industrial Way King City, CA 93930

OFF-MARKET
Manufacturing properties
Property ID
US09-4597081
2,664 SF 0.99 ac lot Built 1987
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

A 0.99-acre commercial property in King City, California, consisting of a fully fenced and gated site with 5,564 square feet of total improvements. The main building provides 3,264 square feet of space and includes a former kitchen area with a remaining hood system, ADA-compliant restrooms, renovated office areas, and storage/warehouse areas, along with extensive renovations. Two self-contained modular structures are installed on permanent foundations, providing an additional 2,304 square feet of usable space (576 square feet and 1,728 square feet respectively). The site also includes a couple of freestanding, self-contained outbuildings that support operational flexibility. The property configuration is suitable for a range of business uses, including agriculture-related operations, food processing, and cannabis-related ventures, subject to applicable laws and zoning requirements.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1987
Construction TILT-UP CONCRETE
Total area 2,664 SF
Lot 0.99 ac (43,162 SF)
APN 026-351-024-000
UPID US09-4597081

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

991 Industrial Way King City, CA 93930-2519
King City metro Census 11305 SALINAS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.52M
Blend (final) Blend
$1.27M

Owner & transaction history

since 2026
Last sale
$1.1M
7 recorded transactions
2026
Price N/A
2026
Price N/A
2026
$1.0M
2024
$3.0M
2022
Price N/A
2022
Price N/A
2021
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.1M +0.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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