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Property profile & analytics
OFF-MARKET
Estimated value
$21,435,000
Warehouses
17995 Murphy Pkwy Lathrop, CA 95330
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0131833
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Total area
119,024 SF
Lot
6.31 ac (274,864 SF)
APN
198-190-040-000
UPID
US09-0131833
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$25.73M
Comparable Approach
Comparable
$19.09M
Blend (final)
Blend
$21.44M
Owner & transaction history
Dg Murphy Parkway Property Owner LP · 4 yrs held
Dg Murphy Parkway Property Owner LP
since 2022
Last sale
$23.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$33.1M
+192.0%
Medical building
$26.0M
+129.2%
Commercial (general)
$23.7M
+109.2%
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
$15,295,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$27,870,000
6.5%
$25,725,000
7%
$23,890,000
Alternative Use
Use
Estimation
RESTAURANT
$33,110,000
Change: +192% · Conversion: Difficult
MEDICAL BUILDING
$25,990,000
Change: +129% · Conversion: Difficult
COMMERCIAL (GENERAL)
$23,720,000
Change: +109% · Conversion: Difficult
OFFICE BUILDING
$23,075,000
Change: +103% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$20,070,000
Change: +77% · Conversion: Easy
AUTO REPAIR, GARAGE
$18,460,000
Change: +63% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$17,090,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$21.44M
Range $19.29M – $23.58M · ±10% · vs last sale $23.53M (Jul 19 2022)
Last sale anchor
$23.53M
Jul 19 2022
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
$180 / 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
$285,914
Tax year 2024
Assessed value
$23,995,500
Assessed 2024
Previous assessed
$23,995,500
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$2,850,900
Assessed improvement
$21,144,600
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
2002
Heating
NONE
Stories
1
Total area
119,024 SF
Lot
6.31 ac (274,864 SF)
APN
198-190-040-000
UPID
US09-0131833
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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$33.1M
MEDICAL BUILDING
Est. value
$26.0M
COMMERCIAL (GENERAL)
Est. value
$23.7M
OFFICE BUILDING
Est. value
$23.1M
INDUSTRIAL (GENERAL)
Est. value
$20.1M
AUTO REPAIR, GARAGE
Est. value
$18.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$17.1M
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2002
Heating
NONE
Stories
1
Lot
6.31 ac
Current owner
From public records · entity-resolved
Dg Murphy Parkway Property Owner LP
Entity
Mailing address
17304 PRESTON RD STE #550, DALLAS, TX 75252-5625
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2025
—
Dg Murphy Parkway Property Owner LP
—
Deed
related
$114,375,000 · Sdf Reit Holdco LLC
Jul 19, 2022
$23,525,000
Dg Murphy Parkway Property Owner LP
John F Quinn
Grant Deed
$161,375,000 · Kreocs II Capital LLC
Dec 18, 2020
—
Quinn Family Trust
Soda Corners LLC
Quit Claim Deed
—
Jun 4, 2020
—
Paq INC
—
Deed
related
$10,000,000 · Wells Fargo Bank NA
Sep 30, 2004
—
Soda Corners LLC
Catlin Crossroads Indl LLC
Grant Deed
$3,562,500 · Union Safe Deposit Bank
Nov 7, 2003
—
Catlin Crossroads Indristrial
Catlin Crossroads Indristrial
Quit Claim Deed
related
$3,460,000 · River City Bank
Aug 25, 2003
—
Aew/catlin Venture I LLC
—
Deed Of Trust
related
$1,495,574 · Crossroads Crea Investors LLC
Dec 4, 2002
—
Crossroads Crea Investors LLC
Pilkington North America INC
Quit Claim Deed
related
—
Jul 24, 2001
—
Catlin Venture 1 LLC
Pilkington North American INC
Quit Claim Deed
related
—
Dec 1, 2000
$518,500
Aew/catlin Venture I LLC
Crossroads Crea Investors LLC
Grant Deed
$7,335,079 · Ciif Associates II LP
Jan 15, 1997
—
Crossroads Crea Investors LLC
Crossroads Ventures
Quit Claim Deed
related
—
Jul 12, 1991
—
Crossroads Ventures Ptp
—
Deed Of Trust
related
—
—
—
Soda Corners LLC
—
Loan Modification
related
$3,212,000 · Bank Of The West
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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