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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Industrial properties
1878 Industrial Dr Stockton, CA 95206-5544
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2741640
Property profile
Verified
Property type
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Total area
49,920 SF
Lot
2.75 ac (119,790 SF)
APN
177-330-240-000
UPID
US09-2741640
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
-
Starline Industries Freight Service Logistics Company
-
Shred-it Recycling Center Waste Management Facility
-
Bennett Motor Express Trucking Company
-
Mission Foods Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$820k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$935k
Owner & transaction history
Lee Ajbr Stockton LLC · 8 yrs held
Lee Ajbr Stockton LLC
since 2018
6 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 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
by Request
ML approach
$820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10%
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
$19 / 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
$48,692
Tax year 2024
Assessed value
$3,945,985
Assessed 2024
Previous assessed
$3,945,985
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$382,990
Assessed improvement
$3,562,995
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
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Status
Off-Market
Heating
NONE
Stories
1
Total area
49,920 SF
Lot
2.75 ac (119,790 SF)
APN
177-330-240-000
UPID
US09-2741640
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
Heating
NONE
Stories
1
Lot
2.75 ac
Current owner
From public records · entity-resolved
Lee Ajbr Stockton LLC
Entity
Mailing address
1324 SUNNYSLOPE AVE, BELMONT, CA 94002-3728
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2022
—
Lee Ajbr Stockton LLC
—
Deed
related
$1,915,000 · Heritage Bank Of Commerce
Jun 29, 2018
—
Lee Ajbr Stockton LLC
Lee,wallace C & Alexander D
Quit Claim Deed
related
—
Apr 25, 2018
—
Wallace C Lee
Lee,wallace C
Quit Claim Deed
related
—
Nov 5, 2015
$3,400,000
Wallace C Lee
Industrial Drive Associates Ll
Grant Deed
$2,210,000 · Bank Of The Orient
Nov 15, 2005
—
Industrial Drive Assocs LLC
Massie
Grant Deed
$3,240,000 · Comerica Bank
—
—
Industrial Drive Assocs LLC
—
Deed Of Trust
related
$3,475,000 · Transamerica Occidental Life
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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