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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Commercial land
24322 Hansen Rd Tracy, CA 95377-9757
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2628665
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1974
Construction
WOOD FRAME
Total area
1,946 SF
Lot
3 ac (130,680 SF)
Zoning code
N
APN
209-400-090-000
UPID
US10-2628665
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$1.24M
Owner & transaction history
Prologis LP · 4 yrs held
Prologis LP
since 2021
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
N · Tracy, 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 Tracy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tracy 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
$1,160,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±10% · vs last sale $1.30M (Nov 4 2021)
Last sale anchor
$1.30M
Nov 4 2021
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
$637 / 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
$14,350
Tax year 2024
Assessed value
$1,352,520
Assessed 2024
Previous assessed
$1,352,520
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$1,352,520
Applied tax rate
4.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1974
Construction
WOOD FRAME
Heating
NONE
Stories
1
Bathrooms
2
Total area
1,946 SF
Lot
3 ac (130,680 SF)
Zoning code
N
APN
209-400-090-000
UPID
US10-2628665
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
N · Tracy, CA
Zoning N · permitted uses
N · Tracy, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tracy. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
WOOD FRAME
Heating
NONE
Stories
1
Bathrooms
2
Lot
3 ac
Current owner
From public records · entity-resolved
Prologis LP
Entity
Mailing address
1800 WAZEE ST STE #500, DENVER, CO 80202-2526
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Nov 4, 2021
$1,300,000
Prologis LP
Peter C Vierra
Grant Deed
—
Mar 9, 1993
$250,000
Peter Vierra
Nance,tom & Terr
Grant Deed
$200,000 · Tracy Federal Bank
Apr 24, 1989
$270,000
Nance,tom & Terr
Cecil,edward L
Trustees Deed
—
—
—
Peter Vierra SR.
—
Deed Of Trust
related
$25,000 · Bank Of The West
—
—
Tom Nance
—
Deed Of Trust
related
$155,000 · Home Savings Of America
—
—
Peter Vierra SR.
—
Deed Of Trust
related
$75,000 · Bank Of The West
—
—
Peter Vierra
—
Deed Of Trust
related
$189,000 · Bank Of The West
—
—
Peter Vierra
—
Deed Of Trust
related
$199,425 · Sanwa Bank California
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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