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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Warehouses
1768 Mccormick St Turlock, CA 95380-2241
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0321650
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Construction
STEEL FRAME
Total area
12,624 SF
Lot
0.79 ac (34,412 SF)
APN
071-038-075-000
UPID
US09-0321650
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
-
DMG Self Storage Storage Facility
-
Pearson Pool Company Construction Company General Contractor
-
American Hardware Mutual Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$920k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$920k
Owner & transaction history
Rodney L Jorritsma · 1 yrs held
Rodney L Jorritsma
since 2024
Last sale
$920,000
7 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 Turlock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Turlock 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
$920,000
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$830,000
Current use
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $920k (Jul 30 2024)
Last sale anchor
$920k
Jul 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
$73 / 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
$6,767
Tax year 2024
Assessed value
$630,008
Assessed 2024
Previous assessed
$630,008
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$275,174
Assessed improvement
$354,834
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
52
Total area
12,624 SF
Lot
0.79 ac (34,412 SF)
APN
071-038-075-000
UPID
US09-0321650
Jurisdiction
STANISLAUS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$830,000
WAREHOUSE, STORAGE Current
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
1987
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
52
Lot
0.79 ac
Current owner
From public records · entity-resolved
Rodney L Jorritsma
Individual
Mailing address
1000 N JOHNSON RD, TURLOCK, CA 95380-3505
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2024
$920,000
Rodney L Jorritsma
Jonathan B Pearson
Grant Deed
$920,000 · J & K Pearson 2017 Trust
Oct 17, 2017
—
Pearson,j & K 2017 Trust
Pearson,jon & Kandice N
Quit Claim Deed
related
—
Nov 1, 2016
—
Jon Pearson
Pearson,kandice
Quit Claim Deed
related
—
Nov 1, 2016
$431,000
Jon Pearson
Pearson,brent
Grant Deed
related
$354,000 · Brent Pearson
Aug 30, 2004
—
Brent Pearson
Pearson,brent & Julee
Quit Claim Deed
related
—
Apr 9, 2002
$435,000
Brent Pearson
Thiessen,gary & Peggy
Grant Deed
$348,000 · Modesto Commerce Bank
Oct 23, 1998
$380,000
Gary Thiessen
Dmg Partners
Grant Deed
$285,000 · Farmers & Merchants Bk Ctrl Ca
Apr 30, 1992
—
D M G Partners
Maxwell,davis Go
Grant Deed
$249,000 · Imperial Thrift & Loan
—
—
Brent Pearson
—
Deed Of Trust
related
$100,000 · Modesto Commerce Bank
—
—
Dmg Partners
—
Deed Of Trust
related
$100,000 · Individual
—
—
Dmg Partners
—
Deed Of Trust
related
$25,600 · Individual
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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