Court-Located
New
For Sale
$549,000
9015 Sherill Court, Stockton, CA 95209
The 1978 property offers a three-unit residential configuration.
Property Size3,152 SF
Lot Size0.25 Acres
Price / SF$174.18
Days on Market3
Property Features for 9015 Sherill Court
General Information
Standard status
Active
Size
3,152 SF
Lot size
0.25 Acres
Property subtype
Multi-Family
Site & Location
Neighborhood
Upper Hammer Lane/Thornton Road
Additional Details
Multifamily Units
3
Building Details
Year Built
1978
Listing Agency:
Professional Realty Associates
(916) 442-1459
Listed By:
Inspired Real Estate Group Inc
(916) 622-5341
Source:
Inspiredrealestategroup
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 24 at 2:20PM
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 Professional Realty Associates
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Investment Insights
Based on property information with market context.
This 3,152-square-foot triplex was built in 1978 and occupies a quarter-acre parcel. The property is at 9015 Sherill Court in Stockton, California, within a court setting.
Key Highlights
- Three‑unit residential property
- 3,152 square feet
- Quarter‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,925
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$938,500
$938.5K
Cap Rate 7%
$670,357
$670.4K
Cap Rate 9%
$521,389
$521.4K
Market Conditions
NOI Build-Up for 3,152 SF
Gross rent
$70.0K $22.20/SF
− Vacancy
−$2.9K −$0.93/SF
EGI
$67.0K $21.27/SF
− OpEx
−$20.1K −$6.38/SF
NOI
$46.9K $14.89/SF
Area
ZIP 95209
Vacancy
4.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$938,500
Cap Rate 7%
$670,357
Cap Rate 9%
$521,389
Alternative Uses
Best Use
Multifamily LT 5
$670.4K
$586.6K – $782.1K
NOI $46,925 @ 7.0% cap · market cap 8.55%
Second Best
Apartment 5plus
$600.4K
$525.3K – $700.5K
NOI $42,027 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$680.8K
$595.7K – $794.3K
NOI $47,658 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
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Business Placement
Demographics for 95209, CA
44,660
Population
13,923
Households
3.2
Avg Household Size
37
Median Age
25%
College-Educated
87%
High-School Grad
8.2 sq mi
ZIP Area
5,446
Density / Sq Mi
$106,056
Median Household Income
$47,456
Median Earnings
$1,813
Median Rent
$464,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - The 1978 property offers a three-unit residential configuration.
Where is this triplex located?
The property is located at 9015 Sherill Court Stockton, CA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Three‑unit residential property; 3,152 square feet; Quarter‑acre parcel
