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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Office Spaces
145 2nd St Patterson, CA 95363
Entity Owned
1-yr Hold
Free & Clear
Property ID
US09-3363711
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1955
Construction
TILT-UP CONCRETE
Total area
10,088 SF
Lot
0.31 ac (13,503 SF)
APN
130-003-036-000
UPID
US09-3363711
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
by Request
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$955k
Owner & transaction history
Atra Properties LLC · 1 yrs held
Atra Properties LLC
since 2025
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 Patterson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Patterson 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±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
$95 / 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
$7,080
Tax year 2024
Assessed value
$655,726
Assessed 2024
Previous assessed
$655,726
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$191,494
Assessed improvement
$464,232
Applied tax rate
4.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1955
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
11
Total area
10,088 SF
Lot
0.31 ac (13,503 SF)
APN
130-003-036-000
UPID
US09-3363711
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
Building & site characteristics
From public records
Year built
1955
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
11
Lot
0.31 ac
Current owner
From public records · entity-resolved
Atra Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 1133, MANTECA, CA 95336-1142
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2025
$950,000
Atra Properties LLC
Patd LLC
Grant Deed
—
Mar 29, 2019
—
Patd LLC
Patd INC
Quit Claim Deed
—
Dec 28, 2018
—
Patd INC
Lan Jimmy Trust
Quit Claim Deed
—
Jun 1, 2016
—
Lan,jimmy & Jenny Family Trust
Lan,jimmy
Quit Claim Deed
related
—
Sep 23, 2015
—
Kraig Klauer Family LP
Klauer,kraig T & Judy A
Quit Claim Deed
—
Sep 23, 2015
$565,000
Jimmy Lan
Kraig Klauer Family LP
Grant Deed
—
Jul 31, 2001
$515,000
Kraig T Klauer
Breugen,jake & Adda
Grant Deed
$335,000 · South Valley National Bank
Mar 1, 1991
$510,000
Jake Breugem
Hodge,harold
Grant Deed
$140,000 · Imperial Thrift & Loan
—
—
Harold Hodge
—
Deed Of Trust
related
$155,000 · Besson Gerald
—
—
Kraig T Klauer
—
Deed Of Trust
related
$286,737 · South Valley National 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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