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Property profile & analytics
OFF-MARKET
Estimated value
$5,530,000
Grocery and convenience stores
1409 Airport Way Stockton, CA 95206-2319
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2953722
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Total area
38,200 SF
Lot
3.95 ac (172,062 SF)
APN
169-020-200-000
UPID
US10-2953722
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
-
Rancho San Miguel Market Grocery & Convenience Store Food Market
-
Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
-
Western Union Bank Credit Union
-
Vigo Bank Credit Union
-
Cardtronics ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.65M
Comparable Approach
Comparable
$6.30M
Blend (final)
Blend
$5.53M
Owner & transaction history
J-r Properties INC · 20 yrs held
J-r Properties INC
since 2006
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.1M
+90.4%
Commercial (general)
$5.6M
+50.9%
Auto repair, garage
$5.5M
+49.0%
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 Stockton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stockton 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%
$6,115,000
6.5%
$5,645,000
7%
$5,245,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,700,000
Current use
OFFICE BUILDING
$7,050,000
Change: +90% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,590,000
Change: +51% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,515,000
Change: +49% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,365,000
Change: +45% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,555,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$5.53M
Range $4.98M – $6.08M · ±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
$145 / 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
$133,497
Tax year 2024
Assessed value
$10,886,943
Assessed 2024
Previous assessed
$10,886,943
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,843,796
Assessed improvement
$9,043,147
Applied tax rate
3.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Heating
NONE
Total area
38,200 SF
Lot
3.95 ac (172,062 SF)
APN
169-020-200-000
UPID
US10-2953722
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
RETAIL STORES Current
Est. value
$3.7M
OFFICE BUILDING
Est. value
$7.1M
COMMERCIAL (GENERAL)
Est. value
$5.6M
AUTO REPAIR, GARAGE
Est. value
$5.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.4M
INDUSTRIAL (GENERAL)
Est. value
$4.6M
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
Heating
NONE
Lot
3.95 ac
Current owner
From public records · entity-resolved
J-r Properties INC
Entity
Free & Clear · 20 yrs held
Mailing address
3031 W MARCH LN, STOCKTON, CA 95219-6500
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2020
—
Paq INC
—
Deed
related
—
Apr 4, 2006
—
J-r Properties INC
Bcg 1 LLC
Grant Deed
—
Mar 31, 2005
—
Bcg 1 LLC
Short Ingalls LLC
Grant Deed
$5,700,000 · County Bank
—
—
Paq INC
—
Loan Modification
related
—
—
—
Paq INC
—
Deed Of Trust
related
—
—
—
Paq INC
—
Deed Of Trust
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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