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Property profile & analytics
OFF-MARKET
Estimated value
$71,800,000
Warehouses
1624 Army Ct Stockton, CA 95206-4105
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1549309
Property summary
AI-generated overview
This exceptional 2.41-acre industrial property located at 1624 Army Ct, Stockton, CA 95206, offers a fully paved trailer parking lot with a capacity of 125 spaces. The property is zoned IG and situated in San Joaquin County, providing convenient access to major transportation routes. Ideal for businesses requiring ample secure trailer storage, this single-tenancy lot presents a unique sublease opportunity. The expansive paved area ensures easy maneuverability for large vehicles. The property's location in Stockton offers a strategic advantage for companies operating within the region. This is a turnkey solution for businesses needing immediate trailer parking capacity. The 2.41-acre lot provides ample space for future expansion or additional development, subject to local zoning regulations. Serious inquiries are encouraged to explore this prime industrial land sublease opportunity. The property is available immediately. Contact us to schedule a viewing and discuss the terms of the sublease. This is a rare opportunity to secure substantial trailer parking in a desirable Stockton location.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1988
Total area
656,200 SF
Lot
24.07 ac (1,048,489 SF)
Zoning code
IG
APN
163-340-020-000
UPID
US09-1549309
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
-
Stockton Drop Yard Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$71.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$60.23M
Blend (final)
Blend
$71.80M
Owner & transaction history
Stockton Commerce Center Owner LLC · 2 yrs held
Stockton Commerce Center Owner LLC
since 2024
Last sale
$71.8M
4 recorded transactions
Zoning & alternative use
IG · Stockton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$96.0M
+54.3%
Auto repair, garage
$94.8M
+52.3%
Apartment house (5+ units)
$92.2M
+48.1%
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
$71,800,000
ML approach
$71,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$62,225,000
Current use
COMMERCIAL (GENERAL)
$95,990,000
Change: +54% · Conversion: Difficult
AUTO REPAIR, GARAGE
$94,755,000
Change: +52% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$92,185,000
Change: +48% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$78,245,000
Change: +26% · Conversion: Easy
Blend value · Realmo final
$71.80M
Range $64.62M – $78.98M · ±10% · vs last sale $71.80M (May 30 2024)
Last sale anchor
$71.80M
May 30 2024
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
$109 / 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
$682,279
Tax year 2024
Assessed value
$52,975,502
Assessed 2024
Previous assessed
$52,975,502
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$8,219,055
Assessed improvement
$44,756,447
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Heating
NONE
Stories
1
Total area
656,200 SF
Lot
24.07 ac (1,048,489 SF)
Zoning code
IG
APN
163-340-020-000
UPID
US09-1549309
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
IG · Stockton, CA
Zoning IG · permitted uses
IG · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$62.2M
COMMERCIAL (GENERAL)
Est. value
$96.0M
AUTO REPAIR, GARAGE
Est. value
$94.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$92.2M
INDUSTRIAL (GENERAL)
Est. value
$78.2M
WAREHOUSE, STORAGE Current
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
Year built
1988
Heating
NONE
Stories
1
Lot
24.07 ac
Current owner
From public records · entity-resolved
Stockton Commerce Center Owner LLC
Entity
Free & Clear · 2 yrs held
Mailing address
151 EL CAMINO DR, BEVERLY HILLS, CA 90212-2704
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2024
—
Stockton Commerce Center Owner LLC
—
Deed
related
$39,500,000 · State Farm Life Insurance Co
May 30, 2024
$71,800,000
Stockton Commerce Center Owner LLC
G&ix Stockton Commerce LP
Grant Deed
—
Apr 29, 2021
$53,750,000
G&i X Stockton Commerce LP
Dpif2 Ca 18 Army Court LLC
Grant Deed
—
Jan 4, 2006
—
Tru 2005 Re I LLC
Toys R Us-delaware INC
Grant 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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