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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Warehouses
229 Sacramento St Lodi, CA 95240-3527
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1127295
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
5,040 SF
Lot
0.18 ac (8,025 SF)
Zoning code
60
APN
043-046-120-000
UPID
US09-1127295
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
-
Raphael Hardwood Flooring Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
Christopher Bennitt · 1 yrs held
Christopher Bennitt
since 2025
Last sale
$620,000
7 recorded transactions
Zoning & alternative use
60 · Lodi, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$780,000
+149.2%
Industrial (general)
$645,000
+106.0%
Office building
$580,000
+85.0%
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 Lodi submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lodi 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
$550,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$780,000
Change: +149% · Conversion: Easy
INDUSTRIAL (GENERAL)
$645,000
Change: +106% · Conversion: Easy
OFFICE BUILDING
$580,000
Change: +85% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$530,000
Change: +70% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $620k (Jun 30 2025)
Last sale anchor
$620k
Jun 30 2025
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
$114 / 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
$3,138
Tax year 2024
Assessed value
$290,141
Assessed 2024
Previous assessed
$290,141
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$116,056
Assessed improvement
$174,085
Applied tax rate
1.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Stories
1
Total area
5,040 SF
Lot
0.18 ac (8,025 SF)
Zoning code
60
APN
043-046-120-000
UPID
US09-1127295
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
60 · Lodi, CA
Zoning 60 · permitted uses
60 · Lodi, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lodi. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$780,000
INDUSTRIAL (GENERAL)
Est. value
$645,000
OFFICE BUILDING
Est. value
$580,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$530,000
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
Heating
NONE
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Christopher Bennitt
Individual
Mailing address
165 W CLEVELAND ST STE 2W, STOCKTON, CA 95204-5340
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2025
$620,000
Christopher Bennitt
Tony Hermosillo
Grant Deed
$200,000 · Hermosillo Trust
Jun 30, 2025
—
Tony Hermosillo
Christia M Hermosillo
Deed
related
—
Jun 5, 2024
$620,000
Tony Hermosillo
Joshua R Raphael
Grant Deed
—
Aug 28, 2023
—
Joshua R Raphael
Annamarie Raphael
Intrafamily Transfer
related
$525,000 · Velocity Commercial Capital LLC
Aug 23, 2022
—
Joshua R Raphael
—
Deed
related
$140,800 · Malee A Raphael
Sep 1, 2021
—
Joshua R Raphael
Joshua R Raphael
Intrafamily Transfer
related
—
Dec 1, 2015
$250,000
Joshua R Raphael
Blewett,jeffrey H
Grant Deed
$187,500 · Bank Of The West
May 8, 2009
—
Jeffrey H Blewett
Owner Name Unavailable
Grant Deed
related
—
Oct 5, 2000
$50,000
Blewett Trust
Blewett Trust
Grant Deed
related
—
Oct 8, 1998
—
Blewett Trust
Blewett,c H
Quit Claim Deed
related
—
Jul 7, 1993
—
Clarence H Blewett JR.
—
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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