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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Investment properties
Lincoln St Carmel, CA
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3790223
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1975
Construction
TILT-UP CONCRETE
Total area
3,273 SF
Lot
0.05 ac (2,126 SF)
APN
010-138-009-000
UPID
US09-3790223
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$380k
CAP Approach
CAP
$695k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
Lsg Monterey Property LLC · 10 yrs held
Lsg Monterey Property LLC
since 2015
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 Carmel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carmel 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
$380,000
CAP Approach
CAP Return
Estimation
6%
$755,000
6.5%
$695,000
7%
$645,000
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$163 / 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
$23,261
Tax year 2023
Assessed value
$1,908,705
Assessed 2023
Previous assessed
$1,908,705
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,231,425
Assessed improvement
$677,280
Applied tax rate
1.0000
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
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
1
Rooms
10
Bathrooms
3
Total area
3,273 SF
Lot
0.05 ac (2,126 SF)
APN
010-138-009-000
UPID
US09-3790223
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
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
1
Rooms
10
Bathrooms
3
Lot
0.05 ac
Current owner
From public records · entity-resolved
Lsg Monterey Property LLC
Entity
Mailing address
5601 FREEDOM BLVD, APTOS, CA 95003-9644
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2016
—
Lsg Monterey Property LLC
—
Deed
related
$855,000 · Provident Savings Bank Fsb
Oct 30, 2015
—
Lsg Monterey Property LLC
Gullman,lawrence S
Quit Claim Deed
related
—
May 22, 2013
—
Larry S Gullman
Gullman,mary E
Affidavit Of Death
related
—
Mar 2, 2011
$1,550,000
Larry S Gullman
Richard D Macdonald Family LP
Grant Deed
$1,084,000 · Meadows Bank
Apr 15, 2004
$1,250,000
Richard D Macdonald
Denier,larry A & Betty A
Grant Deed
$937,500 · Wells Fargo Bank
Apr 28, 1995
$65,000
Denier,larry A & Betty A
Execu-corp
Trustees Deed
related
—
Apr 28, 1995
$305,000
Execu-corp
Sines,jeffrey M & Elizabeth D
Trustees Deed
related
$740,000 · Seller
Apr 30, 1992
$339,000
Jeffrey M Sines
Scott,f M
Grant Deed
$548,000 · Seller
—
—
Jeffrey M Sines
—
Deed Of Trust
related
$548,000 · Individual
—
—
Richard D Macdonald Fam Ptshp
—
Deed Of Trust
related
$235,000 · Monterey County Bank
—
—
Jeffrey M Sines
—
Deed Of Trust
related
$500,000 · Individual
—
—
Scott F M
—
Deed Of Trust
related
$415,000 · Saunders Co
—
—
Macdonald Richard D 1999 Trust
—
Deed Of Trust
related
$1,425,000 · Monterey County Bank
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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