2150 Alpine Ave Stockton, CA 95204-2853
Property profile & analytics
2150 Alpine Ave Stockton, CA 95204-2853
- Grocery and convenience stores
- 21,539 SF
- 1.20 lot acres
Property ID
US09-1578445
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- CFLN Payroll / Accounting Firm
- Dollar General Market / Grocery & Convenience Store / Food Market
- Western Union / Bank / Credit Union
Property Details for 2150 Alpine Ave
- Year built
- 1954
- Lot size
- 1.20 lot acres
- Property size
- 21,539 SF
- Zone code
- 71
- Property type
- Grocery and convenience stores
- APN
- 111-100-010-000
- APU
- 111100010000
Description
This exceptional investment opportunity presents a freestanding Dollar General Market in Stockton, CA, boasting 21,304 square feet on a prominent corner lot (1.2 acres). The property, built in 2012 and renovated in 2012, enjoys a triple-net (NNN) lease structure with Dollar General, a tenant with an investment-grade credit rating ("BBB" with S&P and a positive/stable outlook). The lease commenced September 1, 2012, and expires September 30, 2027, with three 5-year renewal options. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $222,581, representing a 6.50% cap rate. The asking price is $3,424,323 ($160.75 per square foot), significantly below replacement cost. This high-performing location benefits from exceptional visibility and accessibility, receiving 410,000 visits in the last twelve months (per Placer.AI), placing it among the top 1% of Dollar General locations nationwide. The surrounding area demonstrates strong demographics, including over 22,000 people within a 1-mile radius and over 118,000 within 3 miles, with projected population growth of 3.45% within the next 5 years. Furthermore, the property's proximity to I-5 (over 110,000 vehicles per day), the University of the Pacific, San Joaquin Delta College, and downtown Stockton ensures consistent high traffic and customer flow. A new roof, installed in March 2024, comes with a 20-year warranty. This is a rare opportunity to acquire a well-positioned, high-performing retail asset with a strong tenant and significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,580,000
- ML approach
- $2,340,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,673,000
- AI Estimate
- $2,140,000
Market price range: $1.25M - $3.80MMarket price range: $861k - $2.97M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,255,000 Current use
- OFFICE BUILDING
- $3,975,000 Change: +76% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $3,620,000 Change: +61% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $3,150,000 Change: +40% Conversion: Easy
- AUTO REPAIR, GARAGE
- $3,110,000 Change: +38% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $3,025,000 Change: +34% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Stockton
- County
- San Joaquin
- State
- California
- Longitude
- -121.332
- Latitude
- 37.9714
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$41,168
$632,400
$2,182,800
$2,815,200
-
$0.00
$0.00
$0.00
