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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Manufacturing properties
247 Dr Martin Luther King Jr Blvd Stockton, CA 95206-1704
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1342671
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Total area
2,500 SF
Lot
0.18 ac (8,000 SF)
Zoning code
C2
APN
147-084-180-000
UPID
US09-1342671
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
by Request
CAP Approach
CAP
$460k
Comparable Approach
Comparable
$421k
Blend (final)
Blend
$550k
Owner & transaction history
Dda Real Estate LLC · 1 yrs held
Dda Real Estate LLC
since 2025
7 recorded transactions
Zoning & alternative use
C2 · Stockton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$615,000
+106.9%
Office building
$460,000
+54.8%
Commercial (general)
$365,000
+22.7%
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%
$500,000
6.5%
$460,000
7%
$430,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$615,000
Change: +107% · Conversion: Difficult
OFFICE BUILDING
$460,000
Change: +55% · Conversion: Difficult
COMMERCIAL (GENERAL)
$365,000
Change: +23% · Conversion: Difficult
AUTO REPAIR, GARAGE
$360,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$220 / 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
$4,331
Tax year 2024
Assessed value
$347,031
Assessed 2024
Previous assessed
$347,031
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$91,023
Assessed improvement
$256,008
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Heating
NONE
Total area
2,500 SF
Lot
0.18 ac (8,000 SF)
Zoning code
C2
APN
147-084-180-000
UPID
US09-1342671
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
C2 · Stockton, CA
Zoning C2 · permitted uses
C2 · 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
MEDICAL BUILDING
Est. value
$615,000
OFFICE BUILDING
Est. value
$460,000
COMMERCIAL (GENERAL)
Est. value
$365,000
AUTO REPAIR, GARAGE
Est. value
$360,000
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
0.18 ac
Current owner
From public records · entity-resolved
Dda Real Estate LLC
Entity
Mailing address
741 CANTERBURY AVE, LIVERMORE, CA 94550-6225
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2025
—
Dda Real Estate LLC
Dennis Duarte Almeida
Grant Deed
$1,200,000 · San Joaquin County Revolving Loan F
Sep 15, 2021
—
Dennis Duarte Almeida
Dennis D Almeida
Intrafamily Transfer
related
—
Feb 14, 2017
$950,000
Dennis D Almeida
Jeffrey S Hoffman
Grant Deed
$1,296,000 · First Savings Bank
Dec 24, 2004
—
Meyer Louis K & Susan K Trust
Hodge & Meyer Ents
Quit Claim Deed
related
—
Dec 24, 2004
$785,000
Hoffman Family Trust
Meyer Louis K & S M Trust
Grant Deed
$450,000 · United Commercial Bank
May 15, 1997
$44,000
Meyer Trust
Hodge,jo A & Charles S
Quit Claim Deed
related
—
May 3, 1995
—
Meyer Trust
Meyer,louis K & Susan M
Quit Claim Deed
related
—
Dec 8, 1992
—
Hodge & Meyer Enterprises
—
Deed Of Trust
related
—
—
—
Hodge & Meyer Enterprises
—
Deed Of Trust
related
$212,000 · Wells Fargo Bank
—
—
Hoffman Family Trust
—
Deed Of Trust
related
$371,000 · Hoffman Harold L Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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