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Property profile & analytics
OFF-MARKET
Estimated value
$3,140,000
Warehouses
1351 Fulkerth Rd Turlock, CA 95380-2206
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3789243
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2020
Total area
33,529 SF
Lot
13.44 ac (585,446 SF)
APN
071-014-015-000
UPID
US09-3789243
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
-
STAR EVENTS Event Planning Wedding Service
-
Pink Door Storage & RV - Turlock Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.76M
Comparable Approach
Comparable
$3.20M
Blend (final)
Blend
$3.14M
Owner & transaction history
Standard Insurance Company · 4 yrs held
Standard Insurance Company
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.7M
+111.3%
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 Turlock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Turlock 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,070,000
6.5%
$3,755,000
7%
$3,490,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,200,000
Current use
COMMERCIAL (GENERAL)
$4,650,000
Change: +111% · Conversion: Difficult
Blend value · Realmo final
$3.14M
Range $2.83M – $3.45M · ±10%
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
$94 / 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
$87,415
Tax year 2024
Assessed value
$8,150,009
Assessed 2024
Previous assessed
$8,150,009
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,561,724
Assessed improvement
$6,588,285
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
Off-Market
Year built
2020
Heating
CENTRAL
Cooling
CENTRAL
Total area
33,529 SF
Lot
13.44 ac (585,446 SF)
APN
071-014-015-000
UPID
US09-3789243
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
WAREHOUSE, STORAGE Current
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$4.7M
WAREHOUSE, STORAGE Current
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
2020
Heating
CENTRAL
Cooling
Yes
Lot
13.44 ac
Current owner
From public records · entity-resolved
Standard Insurance Company
Entity
Mailing address
4560 E ORCH LN STE #105, GILBERT, AZ 85296
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2021
—
Standard Insurance Company
Ss Turlock LLC
Assignment Of Agreement Of Sale
$2,000,000 · Standard Insurance Co
Jun 18, 2018
$1,400,000
Ss Turlock LLC
Three Kings Properties LLC
Grant Deed
—
Jun 16, 2014
—
Three Kings Properties LLC
King Billy J Trust
Quit Claim Deed
—
Jul 10, 2013
—
King 2012 Trust
King,michael E & Debra D
Quit Claim Deed
related
—
Dec 20, 2012
—
King Billy J Trust
King,billy J
Quit Claim Deed
related
—
Jan 28, 2005
—
Billy J King
King,billy J
Quit Claim Deed
related
—
Mar 13, 2003
—
Billy J King
King,tr
Quit Claim Deed
related
—
May 6, 2002
$325,000
A & A Portables INC
Crawford,stanley E
Grant Deed
$195,000 · Union Safe Deposit Bank
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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