Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Dolores St Carmel, CA

    • Showrooms
    • 6,095 SF
    • 0.13 lot acres
    OFF-MARKET
    Last Sale
    Mar 01, 2024
    $3,250,000
    Value Estimations
    $3,250,000
    Show details
    Cap Rate Potential
    2.6%
    Showrooms
    Location Intelligence
    Property ID
    US09-5011715
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Showrooms

    Property Details for Dolores St

    Year built
    1930
    Construction
    TILT-UP CONCRETE
    Lot size
    0.13 lot acres
    Property size
    6,095 SF
    Property type
    Showrooms
    APN
    010-146-007-000
    APU
    10146007000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,250,000
      ML approach
      $3,250,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,315,000
      Current use
      RESTAURANT
      $3,300,000
      Change: +43% Conversion: Difficult
      OFFICE BUILDING
      $2,520,000
      Change: +9% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $2,505,000
      Change: +8% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $2,430,000
      Change: +5% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $2,410,000
      Change: +4% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Monterey
    State
    California
    Longitude
    -121.922
    Latitude
    36.554
    CBSA code
    41500
    CBSA name
    SALINAS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $28,127
    $305,710
    $400,294
    $706,004
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $715,000
      4,798 SF

      Dolores St

      SHOW ROOM, WAREHOUSE • 4,798 SF
      Dolores St, Carmel, CA
      View Details
    • Value Estimation
      $535,000
      2,552 SF

      Lincoln St

      SHOW ROOM, WAREHOUSE • 2,552 SF
      Lincoln St, Carmel, CA
      View Details
    • Value Estimation by Request
      1,528 SF

      Dolores St

      SHOW ROOM, WAREHOUSE • 1,528 SF
      Dolores St, Carmel, CA
      View Details
    • Value Estimation by Request
      2,940 SF

      Dolores St

      SHOW ROOM, WAREHOUSE • 2,940 SF
      Dolores St, Carmel, CA
      View Details
    • Value Estimation
      $11,285,000
      5,438 SF

      San Carlos St

      SHOW ROOM, WAREHOUSE • 5,438 SF
      San Carlos St, Carmel, CA
      View Details
    • Value Estimation
      $11,335,000
      8,242 SF

      Carmel, CA

      SHOW ROOM, WAREHOUSE • 8,242 SF
      Carmel, CA
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      44,460 SF

      Vernon Industrial Property For Sale

      Industrial property with showroom, secured yard, and heavy power.
      3251 Leonis Blvd, Vernon, CA
      View Details
    • Contact for pricing

      Downtown San Francisco Showroom-Office Building

      Two-story, 7,874 SF showroom-office building in Downtown San Francisco.
      Soma, San Francisco, CA
      View Details
    • Contact for pricing
      2,370 SF

      Melrose Avenue Retail Opportunity

      Free-standing retail property on Melrose Place corridor.
      8435 Melrose Ave, West Hollywood, CA
      View Details
    • Contact for pricing
      5,000 SF

      Sacramento Property for School, Food Bank

      Seeking 5,000+ SF property for school and food bank.
      Address Not Disclosed, Sacramento, CA
      View Details
    • Contact for pricing
      4,872 SF

      Retail Building in Walnut Grove

      Retail building with versatile layout in Walnut Grove, California.
      14138 Market St, Walnut Grove, CA
      View Details
    • Contact for pricing
      2,212 SF

      Retail Space in Mixed-Use Building

      Retail space available in Oakland's vibrant mixed-use neighborhood.
      115-222 Broadway/Water St, Oakland, CA
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,124 SF

      Showroom/Office/Warehouse For Lease

      Versatile showroom/office/warehouse space available for immediate occupancy.
      4572 Telephone Rd, Ventura, CA
      View Details
    • Contact for pricing
      3,900 SF

      Refurbished Office/Showroom/Manufacturing Space

      Refurbished office space ideal for showroom or light manufacturing.
      2404 E 28Th St, Vernon, CA
      View Details
    • Contact for pricing
      25,205 SF

      Upgraded Showroom with Drive-In Bay

      3,000 SF showroom with drive-in bay and parking.
      19316 Londelius St, Northridge, CA
      View Details
    • $0.83 SF/Yr
      48,724 SF

      Vernon Warehouse with Showrooms

      Sublease available in central Vernon location with extensive showrooms.
      4900-4950 S Santa Fe Ave, Vernon, CA
      View Details
    • Contact for pricing
      2,973 SF

      Retail Space For Lease

      Retail space available for lease in Foothill Ranch, CA.
      26592 Towne Ctr Dr, Foothill Ranch, CA
      View Details
    • $1.89 SF/Yr
      900 SF

      Retail/Office Space Available

      First floor retail or office space available for rent.
      1667-1671 W Anaheim St, Harbor City, CA
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Dolores St
    Carmel, CA
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!