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Property profile & analytics
FOR LEASE
Warehouses
11980 S Harlan Rd Lathrop, CA 95330
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US10-2234599
For Lease
1 / 2
Contact for pricing
11980 S Harlan Rd, Lathrop, CA 95330
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Total area
343,732 SF
Lot
13.9 ac (605,484 SF)
APN
196-030-270-000
UPID
US10-2234599
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
-
Ghirardelli Chocolate Outlet & Ice Cream Shop Cafe & Coffee Shop Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$34.12M
Blend (final)
Blend
$35.81M
Owner & transaction history
Bcore Canal Ca LLC · 6 yrs held
Bcore Canal Ca LLC
since 2020
Last sale
$35.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$58.0M
+77.0%
Auto repair, garage
$53.3M
+62.8%
Apartment house (5+ units)
$49.4M
+50.7%
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 Lathrop submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lathrop 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
Method
Estimation
Statistic approach
$38,310,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$32,750,000
Current use
INDUSTRIAL (GENERAL)
$57,960,000
Change: +77% · Conversion: Easy
AUTO REPAIR, GARAGE
$53,315,000
Change: +63% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$49,350,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$35.81M
Range $32.23M – $39.39M · ±10% · vs last sale $35.40M (Apr 30 2020)
Last sale anchor
$35.40M
Apr 30 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$104 / 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
$457,180
Tax year 2024
Assessed value
$37,955,950
Assessed 2024
Previous assessed
$37,955,950
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$4,219,113
Assessed improvement
$33,736,837
Applied tax rate
7.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
2007
Heating
NONE
Stories
1
Total area
343,732 SF
Lot
13.9 ac (605,484 SF)
APN
196-030-270-000
UPID
US10-2234599
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$32.8M
INDUSTRIAL (GENERAL)
Est. value
$58.0M
AUTO REPAIR, GARAGE
Est. value
$53.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$49.4M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Stories
1
Lot
13.9 ac
Current owner
From public records · entity-resolved
Bcore Canal Ca LLC
Entity
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2025
—
Bcore Canal Ca LLC
—
Deed
related
—
Mar 15, 2024
—
Breit Cs Gibraltar LLC
—
Deed
related
$730,000,000 · Capital One Bank NA
May 21, 2020
—
Bcore Canal Ca LLC
—
Deed
related
$311,116,750 · Capital One NA
Apr 30, 2020
$35,400,000
Bcore Canal Ca LLC
Pancal Logistics D 15 LLC
Grant Deed
—
Jun 3, 2011
—
Pancal Logistics D 15 LLC
—
Deed Of Trust
related
$230,000,000 · Prudential Insurance Co
Dec 30, 2010
—
Pancal Logistics D 15 LLC
Banchero Family Trust
Grant Deed
—
May 20, 2010
—
Carmel River LLC
—
Deed Of Trust
related
$19,931,000 · Union Bank
Dec 31, 2009
—
Panattoni Investments LLC
Carmel River LLC
Grant Deed
—
Nov 5, 2009
—
Carmel River LLC
—
Grant Deed
related
$19,931,000 · Union Bank
Dec 26, 2007
—
Banchero Family Trust
Banchero Family Trust
Quit Claim Deed
related
—
Jun 23, 2006
—
Epc Harlan Road Bldg D Exchang
Banchero Family Trust
Grant Deed
related
—
May 5, 2006
—
Banchero Family Trust
Panattoni Investments LLC
Grant Deed
—
May 20, 2005
—
Road Phase 1 Harlan
Harlan Road Phase 1
Quit Claim Deed
related
—
May 3, 2005
—
Panattoni Investments LLC
Rb Johnson Investments LLC
Grant Deed
related
—
Mar 1, 2004
—
Panattoni Investments LLC
Panattoni Investments LLC
Quit Claim Deed
related
—
—
—
Bcore Canal Ca LLC
—
Deed Of Trust
related
$311,116,750 · Capital One NA
—
—
Panattoni Investments LLC
—
Deed Of Trust
related
$14,899,000 · Umpqua Bank
—
—
Dm Property Investments Ca LLC
—
Deed Of Trust
related
$19,931,000 · Union Bank Of California
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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