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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Retail space
225 Main St Turlock, CA 95380-4535
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1946430
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1902
Construction
TILT-UP CONCRETE
Total area
11,128 SF
Lot
0.26 ac (11,325 SF)
APN
061-018-003-000
UPID
US09-1946430
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
-
Freya Beauty Lounge Hair Salon Nail Salon
-
Swoon Salon and Spa Hair Salon Nail Salon
-
A Beautiful Reflection & Day Spa Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$975k
Blend (final)
Blend
$700k
Owner & transaction history
Michael F Schmidt & Dana W Schmidt · 4 yrs held
Michael F Schmidt & Dana W Schmidt
since 2021
Last sale
$835,000
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 Turlock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Turlock 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
$530,000
ML approach
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $835k (Dec 30 2021)
Last sale anchor
$835k
Dec 30 2021
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
$63 / 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
$16,738
Tax year 2024
Assessed value
$1,028,230
Assessed 2024
Previous assessed
$1,028,230
+0.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$123,137
Assessed improvement
$905,093
Applied tax rate
7.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1902
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
1
Total area
11,128 SF
Lot
0.26 ac (11,325 SF)
APN
061-018-003-000
UPID
US09-1946430
Jurisdiction
STANISLAUS
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
1902
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Michael F Schmidt & Dana W Schmidt
Individual
Free & Clear · 4 yrs held
Mailing address
2570 KENSINGTON CT, TURLOCK, CA 95382-9134
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Dec 30, 2021
—
Michael F Schmidt & Dana W Schmidt
Michael F Schmidt
Intrafamily Transfer
related
—
Jun 17, 2015
—
Kenneth,b 2015 Living Trust
Bethel Kenneth A
Quit Claim Deed
related
—
Oct 31, 2014
—
Kenneth A Bethel
Bethel,kenneth & Jennifer
Quit Claim Deed
related
—
Jun 26, 2012
$835,000
Kenneth Bethel
B & T Real Estate Investment LLC
Grant Deed
$539,000 · Bank Of Stockton
Nov 30, 2006
$770,000
B & T Real Estate Investment LLC
The Salvation Army
Grant Deed
$539,000 · Velocity Commercial Capital LLC
May 3, 1989
$177,000
Salvation,army
Geer,henrietta W
Trustees Deed
—
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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