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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Investment properties
1381 Lockeford St Lodi, CA 95242-2927
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1977269
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1964
Total area
5,701 SF
Lot
0.3 ac (13,000 SF)
Zoning code
42
APN
035-330-120-000
UPID
US09-1977269
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
-
Michael G. Piazza, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$795k
Comparable Approach
Comparable
$714k
Blend (final)
Blend
$785k
Owner & transaction history
K2 Realty Services LLC · 1 yrs held
K2 Realty Services LLC
since 2024
Last sale
$815,000
4 recorded transactions
Zoning & alternative use
42 · Lodi, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+107.1%
Auto repair, garage
$885,000
+47.1%
Industrial (general)
$730,000
+21.6%
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
Method
Estimation
Statistic approach
$470,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$860,000
6.5%
$795,000
7%
$740,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$600,000
Current use
MEDICAL BUILDING
$1,245,000
Change: +107% · Conversion: Easy
AUTO REPAIR, GARAGE
$885,000
Change: +47% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$730,000
Change: +22% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$620,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$785k
Range $707k – $864k · ±10% · vs last sale $815k (Sep 3 2021)
Last sale anchor
$815k
Sep 3 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
$138 / 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
$9,129
Tax year 2024
Assessed value
$847,926
Assessed 2024
Previous assessed
$847,926
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$218,484
Assessed improvement
$629,442
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1964
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
5,701 SF
Lot
0.3 ac (13,000 SF)
Zoning code
42
APN
035-330-120-000
UPID
US09-1977269
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
42 · Lodi, CA
Zoning 42 · permitted uses
42 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$600,000
MEDICAL BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$885,000
INDUSTRIAL (GENERAL)
Est. value
$730,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$620,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1964
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
K2 Realty Services LLC
Entity
Mailing address
597 N LOMA DR, LODI, CA 95242-2212
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2024
$1,140,000
K2 Realty Services LLC
Jbianchi Properties LLC
Grant Deed
$685,000 · Financial Partners Cu
Sep 3, 2021
$815,000
Jbianchi Properties LLC
Peggy E Baumbach
Grant Deed
$600,000 · Stronghill Capital LLC
Apr 17, 2019
$60,000
Baumbach Family Trust
Schaberg Family Trust
Grant Deed
—
Jun 15, 2001
—
Baumbach Trust
Baumbach,dale R & Peggy E
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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