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Property profile & analytics
OFF-MARKET
Office buildings
115 Walnut St, Lodi, CA 95240-3549
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-0212647
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
2,691 SF
Lot
0.16 ac (6,800 SF)
Zoning code
45
APN
043-043-120-000
UPID
US09-0212647
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
-
Law Office of Robert O. Hardwick Law Firm
-
Andrew D. Smith, Attorney at Law Law Firm
-
Fluetsch & Fluetsch Law Firm
-
Smith & Johnson Law, A Professional Corporation Law Firm
-
STUDIO MB Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Patrick Shwe · 2 yrs held
Patrick Shwe
since 2024
Last sale
$325,000
7 recorded transactions
Zoning & alternative use
45 · Lodi, CA
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 Lodi submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lodi 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
—
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
$4,963
Tax year 2024
Assessed value
$461,448
Assessed 2024
Previous assessed
$461,448
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$106,485
Assessed improvement
$354,963
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Total area
2,691 SF
Lot
0.16 ac (6,800 SF)
Zoning code
45
APN
043-043-120-000
UPID
US09-0212647
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
45 · Lodi, CA
Zoning 45 · permitted uses
45 · Lodi, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lodi. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
Patrick Shwe
Individual
Mailing address
115 W WALNUT ST STE #3, LODI, CA 95240-3541
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2024
$270,000
Patrick Shwe
Christopher Nasarow
Grant Deed
—
May 13, 2022
—
Michael A Fluetsch
Michael A Fluetsch
Intrafamily Transfer
related
—
Nov 10, 2021
—
Michael A Fluetsch
Michael A Fluetsch
Intrafamily Transfer
related
—
Dec 9, 2016
$200,000
Warrenette Dailey
Joyce H Koehler
Grant Deed
$196,377 · Summit Funding INC
Mar 12, 2004
—
Fluestch,tr
Fluetsch,michael & Kristina
Quit Claim Deed
related
—
Jun 18, 2003
$325,000
Michael-kristina Fleutsch
Neaf,tr
Grant Deed
$295,200 · Neaf Trust
Mar 31, 1995
—
Naef Trust
Naef,leon & Ellyn
Quit Claim Deed
related
—
—
—
Fluetsch Michael & K Trust
—
Deed Of Trust
related
$60,000 · Fernando Vasquez
—
—
Leon Naef
—
Deed Of Trust
related
$120,000 · Farmers & Merchants Bk Lng Bch
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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