New search
Property profile & analytics
OFF-MARKET
Estimated value
$9,050,000
Manufacturing properties
1880 Macarthur Dr Tracy, CA 95376-2841
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3156614
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2003
Total area
58,976 SF
Lot
3.1 ac (135,036 SF)
APN
250-270-220-000
UPID
US10-3156614
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
-
Surtec, Inc. General Contractor
-
Sertac Systems Chemical Plant
-
Aria & Associates Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.88M
CAP Approach
CAP
$9.78M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.05M
Owner & transaction history
Chitat Realty LP · 4 yrs held
Chitat Realty LP
since 2022
Last sale
$10.9M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$14.9M
+8.6%
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 Tracy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tracy 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
$7,055,000
ML approach
$5,875,000
CAP Approach
CAP Return
Estimation
6%
$10,595,000
6.5%
$9,780,000
7%
$9,085,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$13,710,000
Current use
OFFICE BUILDING
$14,885,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$12,880,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$9.05M
Range $8.15M – $9.96M · ±10% · vs last sale $10.85M (Jul 8 2022)
Last sale anchor
$10.85M
Jul 8 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
$153 / 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
$81,786
Tax year 2024
Assessed value
$7,415,400
Assessed 2024
Previous assessed
$7,415,400
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,530,000
Assessed improvement
$5,885,400
Applied tax rate
4.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2003
Heating
NONE
Stories
1
Total area
58,976 SF
Lot
3.1 ac (135,036 SF)
APN
250-270-220-000
UPID
US10-3156614
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
INDUSTRIAL (GENERAL) Current
Est. value
$13.7M
OFFICE BUILDING
Est. value
$14.9M
MEDICAL BUILDING
Est. value
$12.9M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
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
2003
Heating
NONE
Stories
1
Lot
3.1 ac
Current owner
From public records · entity-resolved
Chitat Realty LP
Entity
Free & Clear · 4 yrs held
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2022
$10,850,000
Chitat Realty LP
Judy Phillips
Grant Deed
—
Apr 12, 2022
—
Judy Phillips
Fields & Fromm Investments LLC
Grant Deed
—
Apr 23, 2003
—
Fields & Fromm Investments LLC
Fields,tr
Quit Claim Deed
related
$4,059,178 · Comerica Bank California
Feb 21, 2003
—
Fields,tr
Fields,w
Quit Claim Deed
related
—
Feb 7, 2003
—
William A Fields
Buzz Oates Enterprises II
Grant Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1880 Macarthur Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
