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Property profile & analytics
OFF-MARKET
Estimated value
$4,635,000
Warehouses
2324 Navy Dr Stockton, CA 95206-1161
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1508732
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Total area
39,840 SF
Lot
30 ac (1,306,800 SF)
Zoning code
M2
APN
163-350-010-000
UPID
US09-1508732
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
-
Schuff Steel Company Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.16M
Blend (final)
Blend
$4.64M
Owner & transaction history
Schuff Trocall INC · 16 yrs held
Schuff Trocall INC
since 2009
7 recorded transactions
Zoning & alternative use
M2 · Stockton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.4M
+94.6%
Commercial (general)
$5.8M
+54.3%
Auto repair, garage
$5.8M
+52.3%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,780,000
Current use
OFFICE BUILDING
$7,350,000
Change: +95% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,830,000
Change: +54% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,755,000
Change: +52% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$5,595,000
Change: +48% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,750,000
Change: +26% · Conversion: Easy
Blend value · Realmo final
$4.64M
Range $4.17M – $5.10M · ±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
$116 / 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
$176,891
Tax year 2024
Assessed value
$13,132,964
Assessed 2024
Previous assessed
$13,132,964
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$3,290,223
Assessed improvement
$9,842,741
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1990
Heating
NONE
Stories
1
Total area
39,840 SF
Lot
30 ac (1,306,800 SF)
Zoning code
M2
APN
163-350-010-000
UPID
US09-1508732
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
M2 · Stockton, CA
Zoning M2 · permitted uses
M2 · Stockton, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stockton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.8M
OFFICE BUILDING
Est. value
$7.4M
COMMERCIAL (GENERAL)
Est. value
$5.8M
AUTO REPAIR, GARAGE
Est. value
$5.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.6M
INDUSTRIAL (GENERAL)
Est. value
$4.8M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
Year built
1990
Heating
NONE
Stories
1
Lot
30 ac
Current owner
From public records · entity-resolved
Schuff Trocall INC
Entity
Mailing address
3020 E CAMELBACK RD STE #100, PHOENIX, AZ 85016-4422
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2021
—
Schuff Steel Company
—
Deed
related
$110,000,000 · Umb Bank NA
Feb 8, 2019
—
Schuff Steel Co
—
Deed
related
—
Oct 24, 2014
—
Schuff Steel Co
—
Loan Modification
related
$75,000,000 · Wells Fargo Credit
Sep 3, 2013
—
Schuff Steel Co
—
Loan Modification
related
$60,000,000 · Wells Fargo Credit
Dec 31, 2009
—
Schuff Steel Co
—
Deed Of Trust
related
$76,502,000 · Wells Fargo Credit Corp
Dec 4, 2009
—
Schuff Trocall INC
Strocal INC
Grant Deed
—
Apr 30, 2002
—
Strocal INC
Strocal INC
Quit Claim Deed
related
$3,000,000 · General Electric Capital Busin
Jun 19, 1992
$2,542,500
Pdm Strocal INC
Fite,d Bruce
Grant Deed
—
—
—
Schuff Steel Co
—
Deed Of Trust
related
$60,000,000 · Wells Fargo Credit
—
—
Schuff Steel Co
—
Deed Of Trust
related
—
—
—
Strocal INC
—
Deed Of Trust
related
$800,000 · Bank Of Stockton
—
—
Schuff Steel Co
—
Deed Of Trust
related
—
—
—
Pdm Strocal INC
—
Deed Of Trust
related
$15,000 · Bank Of Stockton
—
—
Strocal INC
—
Deed Of Trust
related
$355,000 · General Electric Capital Busin
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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