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Property profile & analytics
OFF-MARKET
Estimated value
$2,095,000
Super regional malls
1005 Pescadero Ave Tracy, CA 95304-8503
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-2062727
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1994
Total area
162,255 SF
Lot
17.12 ac (745,747 SF)
APN
213-060-520-000
UPID
US09-2062727
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
Current use
Occupant on record · Public records
-
Pacific Workers', The Lawyers for Injured Workers Law Firm
-
The Gym Tracy Gym & Fitness Center
-
White Lotus Banquet Hall Wedding Service
-
Shops at Northgate Village Shopping Center & Mall
-
Innovative Management Executives LLC Marketing & Advertising Event Planning
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.10M
Owner & transaction history
51 Newco LLC|ajluni Properties Tracy LLC · 11 yrs held
51 Newco LLC|ajluni Properties Tracy LLC
since 2014
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 Tracy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tracy 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$13 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$82,698
Tax year 2024
Assessed value
$7,314,751
Assessed 2024
Previous assessed
$7,314,751
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$6,136,475
Assessed improvement
$1,178,276
Applied tax rate
4.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1994
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
162,255 SF
Lot
17.12 ac (745,747 SF)
APN
213-060-520-000
UPID
US09-2062727
Jurisdiction
SAN JOAQUIN
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
1994
Heating
NONE
Cooling
Yes
Stories
1
Lot
17.12 ac
Current owner
From public records · entity-resolved
51 Newco LLC|ajluni Properties Tracy LLC
Entity
Mailing address
PO BOX 14176, FREMONT, CA 94539-1376
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2014
—
51 Newco LLC|ajluni Properties Tracy LLC
Cedar Garden Properties
Grant Deed
$5,000,000 · Material In Motion INC
Sep 20, 2013
—
Gary L Patterson
Elizabeth Patterson
Quit Claim Deed
related
—
Dec 30, 2009
—
Gary L Patterson
Klp Properties INC
Quit Claim Deed
related
—
Apr 4, 2007
—
Klp Properties INC
Tracy Prime Outlets LLC
Grant Deed
—
Oct 12, 2006
—
Prime Outlets Of Tracy LLC
Second Horizon Group
Grant Deed
—
Sep 18, 1996
—
Second Horizon Group Ltd Ptshp
Horizon/glen Outlet Ctrs Ltd
Quit Claim Deed
related
$99,300 · Nomura Asset Capital Corp
Jan 21, 1994
—
Outlet Centers Ptp Mcg
—
Deed Of Trust
related
—
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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