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Property profile & analytics
OFF-MARKET
Estimated value
$8,720,000
Grocery and convenience stores
2323 Hammer Ln Stockton, CA 95209-2367
Entity Owned
~
Est. High Equity
Property ID
US09-1678560
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Total area
61,797 SF
Lot
5.05 ac (219,978 SF)
APN
075-420-010-000
UPID
US09-1678560
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
-
Food Source Discount Store Supermarket
-
Primo Water Refill Big Box & Wholesale Store
-
Coinme at Coinstar - Bitcoin Kiosk Currency Exchange Service Atm
-
Coinstar Kiosk - Bitcoin ATM Currency Exchange Service Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.77M
Comparable Approach
Comparable
$7.63M
Blend (final)
Blend
$8.72M
Owner & transaction history
Paq INC
Paq INC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$11.4M
+90.4%
Industrial (general)
$10.4M
+73.4%
Commercial (general)
$9.0M
+50.9%
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 Stockton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stockton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,500,000
6.5%
$8,770,000
7%
$8,140,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,990,000
Current use
OFFICE BUILDING
$11,405,000
Change: +90% · Conversion: Easy
INDUSTRIAL (GENERAL)
$10,385,000
Change: +73% · Conversion: Difficult
COMMERCIAL (GENERAL)
$9,040,000
Change: +51% · Conversion: Easy
AUTO REPAIR, GARAGE
$8,925,000
Change: +49% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,680,000
Change: +45% · Conversion: Difficult
Blend value · Realmo final
$8.72M
Range $7.85M – $9.59M · ±10%
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
$141 / 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
$114,613
Tax year 2024
Assessed value
$9,912,504
Assessed 2024
Previous assessed
$9,912,504
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$3,302,380
Assessed improvement
$6,610,124
Applied tax rate
3.0000
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
Heating
NONE
Total area
61,797 SF
Lot
5.05 ac (219,978 SF)
APN
075-420-010-000
UPID
US09-1678560
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
RETAIL STORES Current
Est. value
$6.0M
OFFICE BUILDING
Est. value
$11.4M
INDUSTRIAL (GENERAL)
Est. value
$10.4M
COMMERCIAL (GENERAL)
Est. value
$9.0M
AUTO REPAIR, GARAGE
Est. value
$8.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.7M
RETAIL STORES Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
Lot
5.05 ac
Current owner
From public records · entity-resolved
Paq INC
Entity
Mailing address
PO BOX 179, WOODBRIDGE, CA 95258-0179
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
Aug 12, 2025
—
Paq INC
Gigu INC
Deed
—
Aug 28, 2020
—
Gigu INC
—
Deed
related
$8,810,000 · Woori America Bank
Aug 8, 2019
$17,000,000
Gigu INC
Ppc-stockton Plaza LP
Grant Deed
$9,000,000 · Unibank
Aug 30, 2000
—
Ppc-stockton Plaza LP
Phoenix/pacific Co
Grant Deed
$12,400,000 · Bridger Commercial Funding LLC
Jun 30, 1999
—
Phoenix/pacific Co
Raleys Corp
Grant Deed
related
—
—
—
Stockton Plaza Ppc
—
Deed Of Trust
related
$16,250,000 · Not Available Not Available
—
—
Phoenix/pacific Co
—
Deed Of Trust
related
$543,431 · Stockton City (ca)
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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