Individually Owned Property summary
AI-generated overview
This exceptional special-purpose property, located at 23950 S Chrisman Rd, Tracy, CA 95304, is perfectly suited for a preschool, school, or daycare. Situated in San Joaquin County, this single-tenancy building offers convenient access from major highways, ensuring easy drop-off and pick-up for families. The property's location south of Tracy's main residential and commercial areas provides a tranquil setting while remaining easily accessible. The surrounding landscape features a mix of farmland, warehouses, and residential properties, reflecting Tracy's unique blend of agricultural roots and modern industrial growth. This presents a unique opportunity to establish a childcare facility in a growing community. The property type is classified as Special Purpose, specifically designed for educational uses. The address is clearly defined, and the geographic coordinates are 37.6841772 latitude and -121.3770336 longitude. This property offers a compelling opportunity for those seeking a well-situated space to serve the childcare needs of the Tracy community. Further details are available upon request.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
3,286 SF
Lot
1.12 ac (48,787 SF)
Zoning code
79
APN
250-030-080-000
UPID
US09-0447688
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Church Mosque
-
Church
-
Big Box & Wholesale Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$610k
Comparable Approach
Comparable
$448k
Blend (final)
Blend
$290k
Owner & transaction history
since 2000
2 recorded transactions
Zoning & alternative use
79 · Tracy, CA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$290k
Value range
$261k – $319k
±10% around blend
Estimated value / SF
$88 / SF
Confidence
High
7 county-verified comps
Property data
75
Market benchmarks
67
Comparable evidence
70
$261k
blend $290k
$319k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,286 SF
Lot area
1.12 ac
APN
250-030-080-000
Zoning
79
Assessed value
$701,360
Annual tax
$3,979
3
Income approach: direct capitalization
Partial preview
Income approach indication
$610k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$660k
@ 6.5% CAP return
$610k
@ 7% CAP return
$570k
4
Sales comparison
Partial preview
Sales approach indication
$601k
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
16.3 mi away · 2,964 SF
16.6 mi away · 2,755 SF
17.2 mi away · 2,905 SF
17.2 mi away · 2,592 SF
17.2 mi away · 2,625 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$290k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 24 sales
$252
-65%
County 273 sales
$194
-54%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $88/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$701k
Move the market yield to see immediate price impact.
Value / SF
$213
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$44k
$884k
$631k
$491k
$49k
$982k
$701k
$546k
$54k
$1.08M
$771k
$600k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$575k
16.1 mi · Mar 2026 · $164/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$3,979
Tax year 2024
Assessed value
$701,360
Assessed 2024
Previous assessed
$701,360
+0.0% YoY
Effective rate
0.57%
On assessed value
Assessed land
$293,821
Assessed improvement
$407,539
Applied tax rate
55.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Total area
3,286 SF
Lot
1.12 ac (48,787 SF)
Zoning code
79
APN
250-030-080-000
UPID
US09-0447688
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
79 · Tracy, CAZoning 79 · permitted uses
79 · Tracy, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Lot
1.12 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
79
Jurisdiction
Tracy, CA
Recorded code
79
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 79 in Tracy, CA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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