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    Property profile & analytics

    Monterey, CA 93940

    • Hotels
    • 2.65 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US09-5452035
    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

    • Hotels

    Property Details

    Lot size
    2.65 lot acres
    Property type
    Hotels
    Property subtype
    Motels
    APN
    013-211-032-000
    APU
    13211032000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monterey
    County
    Monterey
    State
    California
    Longitude
    -121.873
    Latitude
    36.5924
    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
    $65,109
    $5,892,155
    $0.00
    $5,892,155
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.25 Acres

      457 Foam St

      HOTEL/MOTEL • 0.25 Acres
      457 Foam St, Monterey, CA 93940-1409
      View Details
    • Value Estimation by Request
      1,054 SF

      443 Wave St

      HOTEL/MOTEL • 1,054 SF
      443 Wave St, Monterey, CA 93940-1424
      View Details
    • Value Estimation by Request
      14,030 SF

      1046 Munras Ave

      HOTEL/MOTEL • 14,030 SF
      1046 Munras Ave, Monterey, CA 93940-4513
      View Details
    • Value Estimation by Request
      2,211 SF

      1079 1st St

      HOTEL/MOTEL • 2,211 SF
      1079 1st St, Monterey, CA 93940
      View Details
    • Value Estimation
      $435,000
      5,599 SF

      2030 Del Monte Ave

      HOTEL/MOTEL • 5,599 SF
      2030 Del Monte Ave, Monterey, CA 93940-3710
      View Details
    • Value Estimation
      $355,000
      0.21 Acres

      1030 Munras Ave

      HOTEL/MOTEL • 0.21 Acres
      1030 Munras Ave, Monterey, CA 93940-4513
      View Details

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    Similar Nearby for Lease

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      Monterey Office Space For Lease

      Prime Monterey location, flexible suites.
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      View Details
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      Downtown Monterey Office Space

      Office space in downtown Monterey with off-street parking.
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      View Details
    • $2 SF/Yr
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      First floor office suite with ample parking and furnishings.
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      View Details
    • Contact for pricing
      120 SF

      Monterey Retail Space For Rent

      Retail space available in Del Monte Shopping Center.
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      View Details
    • $1,995,000
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      Monterey Automotive Repair Building For Lease

      Well-maintained automotive repair building with high visibility and ample parking.
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      View Details
    • $2.00 SF/Yr
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      Downtown Monterey Office Space

      Recently renovated office space in downtown Monterey, California.
      700 Cass St, Monterey, CA 93940
      View Details
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    Realmo Value Estimation

    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.

    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.

    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
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