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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1950 11th St Tracy, CA 95376-3738
Entity Owned
1-yr Hold
Free & Clear
Property ID
US09-2204834
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1992
Total area
54,310 SF
Lot
6.08 ac (264,844 SF)
APN
234-020-100-000
UPID
US09-2204834
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
-
FoodMaxx Grocery & Convenience Store Food Market
-
MoneyGram Bank Credit Union
-
KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
-
Coinstar Kiosk | Bitcoin ATM Kiosk Atm
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Eleventh Street Partners LP · 1 yrs held
Eleventh Street Partners LP
since 2025
Last sale
$28.6M
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$73,686
Tax year 2024
Assessed value
$6,250,000
Assessed 2024
Previous assessed
$6,250,000
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$2,187,500
Assessed improvement
$4,062,500
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1992
Heating
NONE
Total area
54,310 SF
Lot
6.08 ac (264,844 SF)
APN
234-020-100-000
UPID
US09-2204834
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
Year built
1992
Heating
NONE
Lot
6.08 ac
Current owner
From public records · entity-resolved
Eleventh Street Partners LP
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 4278, MODESTO, CA 95352-4278
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
Feb 7, 2025
$28,600,000
Eleventh Street Partners LP
Pacific Bowie Tracy
Grant Deed
—
Jul 6, 2022
—
Save Mart Supermarkets LLC
—
Deed
related
—
Jun 30, 2022
—
Save Mart Supermarkets LLC
—
Deed
related
—
May 10, 2022
—
Save Mart Supermarkets LLC
—
Deed
related
—
Jul 31, 2015
$5,500,000
Pacific Bowie Tracy
Shirlee M Queirolo
Grant Deed
$6,250,000 · Mufg Union Bank NA
Dec 12, 2002
—
Save Mart Supermarkets
Safeway INC
Quit Claim Deed
related
—
Apr 26, 1993
—
Queirolo,joseph B & S M Tr Etal
—
Deed Of Trust
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.
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