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Property profile & analytics
OFF-MARKET
Estimated value
$14,600,000
Refrigerated & Cold Storage
16888 Mckinley Ave Lathrop, CA 95330-9705
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5130492
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
1990
Total area
832,994 SF
Lot
106.05 ac (4,619,538 SF)
APN
198-160-260-000
UPID
US09-5130492
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
-
Super Store Industries Lathrop Distribution Center Distribution Center Logistics Company
-
Smart Transportation Trucking Company
-
Capstone,LMS Intellibound Inc Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$14.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.60M
Owner & transaction history
Lathrop Property LLC · 2 yrs held
Lathrop Property LLC
since 2024
Last sale
$14.6M
4 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 Lathrop submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lathrop 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
$14,600,000
ML approach
$14,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.60M
Range $13.14M – $16.06M · ±10% · vs last sale $14.60M (Apr 22 2024)
Last sale anchor
$14.60M
Apr 22 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
$18 / 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
$865,451
Tax year 2024
Assessed value
$66,370,510
Assessed 2024
Previous assessed
$66,370,510
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$9,702,000
Assessed improvement
$56,668,510
Applied tax rate
7.0000
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
1990
Heating
NONE
Stories
1
Total area
832,994 SF
Lot
106.05 ac (4,619,538 SF)
APN
198-160-260-000
UPID
US09-5130492
Jurisdiction
SAN JOAQUIN
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
1990
Heating
NONE
Stories
1
Lot
106.05 ac
Current owner
From public records · entity-resolved
Lathrop Property LLC
Entity
Mailing address
300 EL CAMINO REAL, MENLO PARK, CA 94025-5239
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
May 19, 2025
—
Lathrop Property LLC
—
Deed
related
$90,000,000 · Citibank NA
Apr 22, 2024
$14,600,000
Lathrop Property LLC
Super Store Industries
Grant Deed
—
Apr 22, 2024
—
16888 Mckinley Ave Lathrop LLC
Lathrop Property LLC
Lease
—
Nov 3, 2017
—
Super Store Industries
—
Grant Deed
related
$38,350,000 · Bank Of America
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.
Try Rey
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