Property profile

1486 11th St Tracy, CA 95376

OFF-MARKET
Office buildings
Property ID
US09-4411924
8,843 SF 0.56 ac lot Built 2005
Trust Owned 21-yr Hold Free & Clear
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Property summary

AI-generated overview

The Louis Ormonde Building, a Class A, two-story office building constructed in 2007, offers 8,843 square feet of versatile space in Tracy, California. Located at 1486 W 11th St, near Corral Hollow, this property boasts multiple suites, ranging from a minimum of 100 square feet to a maximum contiguous space of 3,000 square feet. Currently, 3,500 square feet are available for lease. The building features a total of seven suites and ample parking with 33 spaces. Building amenities include 24-hour access, a security system, a kitchen, a roof terrace, central heating, and air conditioning. The space is designed for plug-and-play occupancy and includes a reception area and Wi-Fi. The property sits on a substantial 25,000-acre lot and is zoned CH. Utilities are provided by PG&E. This exceptional property is ideal for a variety of office uses, including executive, medical, creative, and traditional office settings. The building's location in San Joaquin County (APN 234-050-10) offers convenient access to major transportation routes and local amenities. This is a rare opportunity to secure prime office space in a desirable location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2005
Total area 8,843 SF
Lot 0.56 ac (24,291 SF)
APN 234-050-100-000
UPID US09-4411924

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School
  • Restaurant
  • Accounting Firm Tax Preparation
  • Home Health Care Service Aged Care
  • Property Management Company Real Estate Agency

Location

1486 11th St Tracy, CA 95376-3723
Tracy metro Census 5403 STOCKTON, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.65M
Comparable Approach Comparable
$1.60M
Blend (final) Blend
$1.54M

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $2.5M +10.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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