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Property profile & analytics
OFF-MARKET
Office buildings
116 Pleasant Ave, Lodi, CA 95240-2038
Individually Owned
15-yr Hold
Free & Clear
Property ID
US10-3181102
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
963 SF
Lot
0.07 ac (3,120 SF)
Zoning code
40
APN
043-022-030-000
UPID
US10-3181102
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
-
Arbor Family Wealth Advisors Consultant
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
David Ehlert · 15 yrs held
David Ehlert
since 2011
7 recorded transactions
Zoning & alternative use
40 · 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
$1,719
Tax year 2024
Assessed value
$158,253
Assessed 2024
Previous assessed
$158,253
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$32,654
Assessed improvement
$125,599
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
Stories
1
Total area
963 SF
Lot
0.07 ac (3,120 SF)
Zoning code
40
APN
043-022-030-000
UPID
US10-3181102
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
40 · Lodi, CA
Zoning 40 · permitted uses
40 · 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
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
David Ehlert
Individual
Free & Clear · 15 yrs held
Mailing address
116 N PLEASANT AVE, LODI, CA 95240-2038
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2011
$126,000
David Ehlert
Federal Natl Mtg Assn Fnma
Grant Deed
—
May 12, 2011
—
David Ehlert
Ehlert,kim A
Quit Claim Deed
related
—
Feb 28, 2011
$232,853
Federal Natl Mtg Assn Fnma
Plm Lender Services INC
Trustees Deed
related
—
Apr 1, 2008
—
David R Duke
Duke,david & Kim
Quit Claim Deed
related
$218,000 · Flagstar Bank Fsb
Mar 27, 2003
$180,000
David Duke
Veerkamp,tr
Grant Deed
$175,000 · Michael L & Lisa R Manna
Mar 28, 2002
—
Beerkamp Trust
Veerkamp,barbara A
Grant Deed
related
—
Feb 7, 2001
$106,000
Barbara A Veerkamp
Farmers & Merchants Bk Ctrl Ca
Grant Deed
—
Sep 28, 2000
$100,713
Farmers Ca
Faul,barry C
Trustees Deed
related
—
Jun 11, 1999
$52,272
Francesco S Lima
Hannameyer,william A & Leslie A
Quit Claim Deed
related
—
May 30, 1990
$76,000
Barry C Faul
Bank Stockton
Grant Deed
$65,000 · 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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