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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1606 Hammertown Dr Stockton, CA 95210-5119

    • Day care centers
    • 6,951 SF
    • 0.78 lot acres
    OFF-MARKET
    Last Sale
    Apr 16, 2020
    $1,050,000
    Value Estimations
    $1,055,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-3180598
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Stockton Montessori School / Daycare Center

    Property Details for 1606 Hammertown Dr

    Year built
    1992
    Lot size
    0.78 lot acres
    Property size
    6,951 SF
    Zone code
    C2
    Property type
    Day care centers
    APN
    094-040-190-000
    APU
    94040190000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,180,000
      ML approach
      $1,175,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $820,000
      Market price range: $580k - $1.36M

    • Alternative Use

      Use
      Estimation
      COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
      $910,000
      Current use
      INDUSTRIAL (GENERAL)
      $1,210,000
      Change: +33% Conversion: Difficult
      RESTAURANT
      $985,000
      Change: +8% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $850,000
      Change: -6% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stockton
    County
    San Joaquin
    State
    California
    Longitude
    -121.293
    Latitude
    38.0161
    CBSA code
    44700
    CBSA name
    STOCKTON, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,930
    $471,767
    $654,041
    $1,125,808
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      50,000 SF

      9484 West Ln

      Day care centers • 50,000 SF
      9484 West Ln, Stockton, CA 95210
      View Details
    • Value Estimation
      $505,000
      2,688 SF

      9371 Lowr Sacramento Rd

      DAY CARE, PRE-SCHOOL • 2,688 SF
      9371 Lowr Sacramento Rd, Stockton, CA 95210-3801
      View Details
    • Value Estimation by Request
      6,630 SF

      4955 Ww Ln

      VETERINARY, ANIMAL HOSPITAL • 6,630 SF
      4955 Ww Ln, Stockton, CA 95210-3509
      View Details
    • Value Estimation by Request
      0.19 Acres

      711 Hammer Ln

      VETERINARY, ANIMAL HOSPITAL • 0.19 Acres
      711 Hammer Ln, Stockton, CA 95210-3730
      View Details
    • Value Estimation by Request
      3,680 SF

      7600 Ww Ln

      VETERINARY, ANIMAL HOSPITAL • 3,680 SF
      7600 Ww Ln, Stockton, CA 95210-3313
      View Details
    • Value Estimation by Request
      202,719 SF

      1616-1880 Hammer Ln

      Individual retail properties • 202,719 SF
      1616-1880 Hammer Ln, Stockton, CA 95210
      View Details

    Similar Nearby for Sale

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      Stockton Commercial Building For Sale

      5,620 SF commercial building with office and restaurant space.
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    • $7,150,000
      49,330 SF

      Grocery Retail Opportunity in Stockton

      Large retail space suitable for grocery business in Stockton, CA.
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    • Contact for pricing
      40,000 SF

      Stockton Retail Corridor Shopping Center

      Located in a prominent North Stockton retail corridor.
      904-1212 E Hammer Ln, Stockton, CA 95210
      View Details
    • $4,295,000

      Stockton Residential Development Site

      12.46 acre residential development site in established neighborhood.
      10789 Lower Sacramento Rd, Stockton, CA 95210
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    • $1,175,000

      Residential Development Site in Stockton

      6.43 acre residential development site in a growing neighborhood.
      10601 Lower Sacramento Rd, Stockton, CA 95210
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    • Contact for pricing
      36,000 SF

      Stockton Retail/Office Opportunity

      Retail and office spaces available in a central Stockton location.
      1075 E Bianchi Rd, Stockton, CA 95210
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    Similar Nearby for Lease

    • $12 SF/Yr
      7,148 SF

      West Lane Creative Office Suite

      7,148 sq ft Single-Tenant Creative Office
      1123 Bianchi Rd, Stockton, CA 95210
      View Details
    • Contact for pricing
      6,000 SF

      Prime Retail/Office Space in Stockton

      6,000 SF Single-Tenant Building, Drive-Thru
      1547 March Ln, Stockton, CA 95210
      View Details
    • Contact for pricing
      1,684 SF

      Retail Space in North Stockton

      Retail space available in high-traffic North Stockton location.
      7910 Lower Sacramento Rd, Stockton, CA 95210
      View Details
    • Contact for pricing

      Stockton Land Parcel For Rent

      Land parcel available for rent in Stockton, California.
      1120 W Hammer Ln, Stockton, CA 95210
      View Details
    • $20 SF/Yr
      3,375 SF

      March Lane Office Suite Available

      Prime Stockton Office Space, 3,375 SF
      1507 March Ln, Stockton, CA 95210
      View Details
    • Contact for pricing
      107,641 SF

      Normandy Village Retail Space

      Stockton, CA Strip Mall - Two Suites Available
      0 Hammer Ln @ Ln, Stockton, CA 95210
      View Details
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    1606 Hammertown Dr
    Stockton, CA 95210-5119
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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