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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Apartment buildings
12209 Dorsey St Waterford, CA 95386-9185
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0393928
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1978
Construction
WOOD
Total area
2,912 SF
Lot
0.23 ac (10,018 SF)
APN
134-003-008-000
UPID
US09-0393928
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
$560k
Comparable Approach
Comparable
$724k
Blend (final)
Blend
$590k
Owner & transaction history
Maid Investments LLC · 5 yrs held
Maid Investments LLC
since 2021
Last sale
$610,000
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 Waterford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterford 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
$605,000
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
$605,000
6.5%
$560,000
7%
$520,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$900,000
Current use
MEDICAL BUILDING
$820,000
Change: -9% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$780,000
Change: -13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$735,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $610k (Feb 24 2021)
Last sale anchor
$610k
Feb 24 2021
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
$203 / 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
$8,259
Tax year 2024
Assessed value
$647,336
Assessed 2024
Previous assessed
$647,336
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$53,060
Assessed improvement
$594,276
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
4
Bathrooms
4
Total area
2,912 SF
Lot
0.23 ac (10,018 SF)
APN
134-003-008-000
UPID
US09-0393928
Jurisdiction
STANISLAUS
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$900,000
MEDICAL BUILDING
Est. value
$820,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$780,000
COMMERCIAL (GENERAL)
Est. value
$735,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1978
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
4
Bathrooms
4
Lot
0.23 ac
Current owner
From public records · entity-resolved
Maid Investments LLC
Entity
Mailing address
5837 S GRATTON RD, DENAIR, CA 95316-9750
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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 24, 2021
$610,000
Maid Investments LLC
Silva Residential Properties LP
Grant Deed
—
Apr 22, 2013
—
Silva Trust
Silva,phillip G & Wilma M
Quit Claim Deed
—
Apr 29, 2011
$200,000
Phillip G Silva
Rangel,reyes F III & Argelia
Grant Deed
—
Feb 8, 2011
—
Reyes F Rangel III
Rangel Properties LLC
Quit Claim Deed
—
Feb 28, 2007
—
Rangel Residential Property
Rangel Properties LLC
Quit Claim Deed
—
Sep 9, 2004
—
Rangel Properties LLC
Rangel R & A 1999 Trust
Quit Claim Deed
related
—
Apr 20, 2004
—
Rangel,tr
Rangel,reyes F & Argelia
Quit Claim Deed
related
$279,000 · Washington Mutual Fsb
Aug 2, 2002
$375,000
Rangel,tr
Allen,tr
Grant Deed
$275,000 · Allen Trust
Dec 30, 1996
—
Allen Trust
Allen,jimmy V & Anita S
Quit Claim Deed
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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