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Property profile & analytics
FOR LEASE
Investment properties
14055 Highway 88 E Lockeford, CA 95237
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2034424
For Lease
1 / 5
Contact for pricing
14055 Highway 88 E, Lockeford, CA 95237
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Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2005
Total area
6,200 SF
Lot
1.35 ac (58,712 SF)
Zoning code
N
APN
019-370-320-000
UPID
US10-2034424
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
by Request
CAP Approach
CAP
$865k
Comparable Approach
Comparable
$846k
Blend (final)
Blend
$870k
Owner & transaction history
Kovalik & Associates LLC · 14 yrs held
Kovalik & Associates LLC
since 2012
7 recorded transactions
Zoning & alternative use
N · Lockeford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+9.6%
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 Lockeford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lockeford 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%
$935,000
6.5%
$865,000
7%
$805,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,235,000
Current use
MEDICAL BUILDING
$1,355,000
Change: +10% · Conversion: Easy
OFFICE BUILDING
$1,200,000
Change: -3% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,055,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$870k
Range $783k – $957k · ±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
$140 / 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
$13,099
Tax year 2024
Assessed value
$1,104,647
Assessed 2024
Previous assessed
$1,104,647
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$356,143
Assessed improvement
$748,504
Applied tax rate
99.0000
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
For Lease
Year built
2005
Heating
NONE
Stories
1
Total area
6,200 SF
Lot
1.35 ac (58,712 SF)
Zoning code
N
APN
019-370-320-000
UPID
US10-2034424
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
N · Lockeford, CAZoning N · permitted uses
N · Lockeford, CA
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
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
INDUSTRIAL (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
2005
Heating
NONE
Stories
1
Lot
1.35 ac
Current owner
From public records · entity-resolved
Kovalik & Associates LLC
Entity
Free & Clear · 14 yrs held
Mailing address
1155 REDMOND AVE STE B, SAN JOSE, CA 95120-2780
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2012
—
Kovalik & Associates LLC
Wells Fargo Bk NA
Grant Deed
—
Nov 26, 2008
$2,128,342
Fargo Bk Wells
Wt Capital Lender Services
Trustees Deed
related
—
Jun 8, 2005
—
Bluffs Ptshp
—
Trustees Deed
related
$1,500,000 · Bank Of Rio Vista
Jun 10, 2004
$324,000
Bluffs Partnership
Henderlong,tr
Grant Deed
$224,000 · Bank Of Rio Vista
Sep 20, 1991
—
Henderlong R W Trs
—
Quit Claim Deed
related
—
Jun 14, 1988
—
Juarez Holdings INC Etal
Owner Name Unavailable
Grant Deed
related
—
—
—
Bluffs Ptshp
—
Deed Of Trust
related
$2,000,000 · Placer Sierra 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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