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Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Industrial properties
1505 Tillie Lewis Dr Stockton, CA 95206-1185
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1856203
Property profile
Verified
Property type
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Year built
1991
Total area
62,563 SF
Lot
3.9 ac (169,884 SF)
Zoning code
M2
APN
163-360-050-000
UPID
US09-1856203
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
-
Westrock Industrial Manufacturer Production Facility
-
RTS Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$815k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.20M
Owner & transaction history
Kw Usreif Tillie Lewis Drive Owner · 4 yrs held
Kw Usreif Tillie Lewis Drive Owner
since 2022
7 recorded transactions
Zoning & alternative use
M2 · Stockton, CA
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 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
$815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±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
$19 / 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
$82,476
Tax year 2024
Assessed value
$6,375,000
Assessed 2024
Previous assessed
$6,375,000
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,224,000
Assessed improvement
$5,151,000
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
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Status
Off-Market
Year built
1991
Heating
NONE
Stories
1
Total area
62,563 SF
Lot
3.9 ac (169,884 SF)
Zoning code
M2
APN
163-360-050-000
UPID
US09-1856203
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
M2 · Stockton, CA
Zoning M2 · permitted uses
M2 · Stockton, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stockton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Stories
1
Lot
3.9 ac
Current owner
From public records · entity-resolved
Kw Usreif Tillie Lewis Drive Owner
Individual
Mailing address
151 EL CAMINO DR, BEVERLY HILLS, CA 90212-2704
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2022
$84,000,000
Kw Usreif Tillie Lewis Drive Owner
Breit Stockton Industrial Park LLC
Grant Deed
$54,600,000 · Jpmorgan Chase Bank NA
May 12, 2022
—
Breit Stockton Industrial Park LLC
—
Deed
related
$472,000 · Bank Of America NA
Jan 18, 2018
—
Breit Stockton Indl Pk LLC
—
Loan Modification
related
$472,000,000 · Bank Of America
Jun 13, 2017
—
Breit Stockton Industrial Park
—
Grant Deed
related
$292,000,000 · Bank Of America
Feb 16, 2017
$32,500,000
Breit Stockton Industrial Park
Stockton Industrial Park Inves
Grant Deed
—
Jan 5, 2007
—
Stockton Indl Pk Invest LLC
Owner Name Unavailable
Grant Deed
—
Jun 29, 1998
$6,653,000
Principal Mutual Life Insuranc
Lincoln Stockton
Grant Deed
—
Jun 29, 1998
$3,097,500
Patrician Associates
Lincoln Stockton
Trustees Deed
—
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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