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Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Turn key restaurants
18700 Hwy 88 Lockeford, CA 95237-9556
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1661938
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1994
Total area
7,560 SF
Lot
1.88 ac (81,893 SF)
Zoning code
C
APN
051-310-010-000
UPID
US09-1661938
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
-
George's Restaurant Restaurant
-
George's Bar & Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$977k
Blend (final)
Blend
$1.20M
Owner & transaction history
Highway 88 Travel Center LLC · 1 yrs held
Highway 88 Travel Center LLC
since 2025
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
C · Lockeford, CA
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 Lockeford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lockeford 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
$1,165,000
ML approach
$1,115,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±10% · vs last sale $1.25M (Apr 24 2023)
Last sale anchor
$1.25M
Apr 24 2023
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
$158 / 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
$14,483
Tax year 2024
Assessed value
$1,274,263
Assessed 2024
Previous assessed
$1,274,263
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$836,400
Assessed improvement
$437,863
Applied tax rate
99.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1994
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
7,560 SF
Lot
1.88 ac (81,893 SF)
Zoning code
C
APN
051-310-010-000
UPID
US09-1661938
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
C · Lockeford, CAZoning C · permitted uses
C · Lockeford, CA
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
1994
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.88 ac
Current owner
From public records · entity-resolved
Highway 88 Travel Center LLC
Entity
Free & Clear · 1 yrs held
Mailing address
8858 LATIGO CT, ROSEVILLE, CA 95747-8903
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2026
—
Highway 88 Travel Center LLC
—
Deed
related
$1,500,000 · Bp Products North America INC
Jul 2, 2025
—
Highway 88 Travel Center LLC
Parminder Kaur
Grant Deed
—
Apr 24, 2023
$1,250,000
Parminder Kaur
George Galatsatos
Grant Deed
$950,000 · George Galatsatos Trust
Jan 22, 2019
—
Galatsatos,george Trust
Galatsatos,george
Quit Claim Deed
related
—
Jul 18, 2017
—
George Galatsatos
—
Trustees Deed
related
$100,000 · Farmers & Merchants Bk/ctrl Ca
Apr 20, 1993
—
Robert J Schweitz
Veterans Adminis
Grant Deed
$123,200 · Central Pacific Mortgage Co
Jul 1, 1992
$255,500
George Galatsatos
Rapture INC
Grant Deed
related
$155,418 · Rapure INC
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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