Renovated Office and Professional
For Sale
$1,400,000
6006 El Dorado Street, Stockton, CA 95207
Newly renovated all-electric office building with updated roof, HVAC, LED lighting, and ADA-compliant restrooms.
Property Size5,733 SF
Price / SF$244.20
Days on Market462
Property Features for 6006 El Dorado Street
General Information
Standard status
Active
Size
5,733 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Amenities
lobby
reception area
conference rooms
private offices
open work areas
storage spaces
on-site parking
LED lighting
Central Air
3
Commercial
Public.
Building Details
Year Built
1977
Listing Agency:
J.Peter Realtors
3212415
Listed By:
Alberto Martinez
3212415
Source:
Xome
Added: May 6, 2025
Changed: Aug 8
Last Checked: Aug 10 at 3:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J.Peter Realtors
Investment Insights
Based on property information with market context.
This all-electric building offers 5,733 sq. ft. of versatile office and professional space, recently renovated with a new roof and updated HVAC units and ducts. Interior improvements include new LVP flooring and all LED lighting, with a welcoming lobby and reception area. The layout includes large conference rooms, multiple private offices, open work areas, and additional storage spaces. ADA-compliant restrooms have been newly remodeled to support accessibility.
Located at 6006 N El Dorado St., the property sits on nearly one acre and is near the corner of N El Dorado and W Swain, just south of Hammer Lane. The surrounding area is described as a busy commercial corridor with convenient freeway access and established retailers, services, and amenities.
With on-site parking made possible by the spacious lot, this property can support day-to-day operations for businesses serving employees and clients.
Located at 6006 N El Dorado St., the property sits on nearly one acre and is near the corner of N El Dorado and W Swain, just south of Hammer Lane. The surrounding area is described as a busy commercial corridor with convenient freeway access and established retailers, services, and amenities.
With on-site parking made possible by the spacious lot, this property can support day-to-day operations for businesses serving employees and clients.
Key Highlights
- 5,733 SF all‑electric commercial office/professional building on nearly one acre
- New roof and newly updated HVAC units/ducts, plus central air
- LED lighting throughout and new LVP flooring
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$98,679
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,973,580
$2.0M
Cap Rate 7%
$1,409,700
$1.4M
Cap Rate 9%
$1,096,433
$1.1M
Market Conditions
NOI Build-Up for 5,733 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$154.8K $27.00/SF
− Vacancy
−$23.2K −$4.05/SF
EGI
$131.6K $22.95/SF
− OpEx
−$32.9K −$5.74/SF
NOI
$98.7K $17.21/SF
Area
ZIP 95207
Vacancy
15.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,973,580
Cap Rate 7%
$1,409,700
Cap Rate 9%
$1,096,433
Alternative Uses
Best Use
Office B
$1.41M
$1.23M – $1.64M
NOI $98,679 @ 7.0% cap · market cap 7.05%
Second Best
Retail
$949.4K
$830.7K – $1.11M
NOI $66,457 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$1.90M
$1.66M – $2.22M
NOI $133,189 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
984
Businesses Nearby
Explore this area
Business Placement
Demographics for 95207, CA
52,465
Population
20,300
Households
2.6
Avg Household Size
34
Median Age
20%
College-Educated
83%
High-School Grad
7.2 sq mi
ZIP Area
7,287
Density / Sq Mi
$68,767
Median Household Income
$38,463
Median Earnings
$1,549
Median Rent
$409,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Newly renovated all-electric office building with updated roof, HVAC, LED lighting, and ADA-compliant restrooms.
Where is this office building located?
The property is located at 6006 El Dorado Street Stockton, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 5,733 SF all‑electric commercial office/professional building on nearly one acre; New roof and newly updated HVAC units/ducts, plus central air; LED lighting throughout and new LVP flooring
