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Property profile & analytics
OFF-MARKET
Estimated value
$230,000
Retail space
2357 Waterloo Rd Stockton, CA 95205-2952
Trust Owned
Absentee Owner
Free & Clear
Property ID
US10-3008581
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
2,070 SF
Lot
0.1 ac (4,561 SF)
Zoning code
72
APN
119-120-080-000
UPID
US10-3008581
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
-
Lucy & Lee Nutritional Care Physician
-
Tienda Guatemalteca la Chapincita Shopping Center & Mall
-
Maky Moroy Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$230k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$230k
Owner & transaction history
Melendez Family Trust
Melendez Family Trust
since 2026
7 recorded transactions
Zoning & alternative use
72 · Stockton, CA
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 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
$230,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$230k
Range $207k – $253k · ±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
$111 / 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
$2,055
Tax year 2024
Assessed value
$154,500
Assessed 2024
Previous assessed
$154,500
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$51,500
Assessed improvement
$103,000
Applied tax rate
118.0000
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
Heating
NONE
Total area
2,070 SF
Lot
0.1 ac (4,561 SF)
Zoning code
72
APN
119-120-080-000
UPID
US10-3008581
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
72 · Stockton, CAZoning 72 · permitted uses
72 · Stockton, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.1 ac
Current owner
From public records · entity-resolved
Melendez Family Trust
Trust
Free & Clear · 0 yrs held
Mailing address
4423 MALLARD CRK CIR, STOCKTON, CA 95207-5206
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2026
—
Melendez Family Trust
Melendez Hector
Grant Deed
related
—
Jan 17, 2018
—
Hector Melendez
Melendez,sandra L
Quit Claim Deed
related
—
Dec 22, 2004
—
Sandra L Melendez
Melendez,hector
Quit Claim Deed
related
—
Aug 20, 2004
—
Covello Geno & Rita Trust
Covello,geno J
Quit Claim Deed
related
—
Feb 5, 2002
—
Steven A Covello
Covello Trust
Quit Claim Deed
related
—
Jun 25, 2001
—
Covello Trust
Covello Trust
Quit Claim Deed
related
—
Nov 19, 1997
—
Covello Trust
Covello,armando
Quit Claim Deed
related
—
Mar 8, 1994
—
Covello Trust
Covello,albert &
Quit Claim Deed
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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