Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2487 Main St Stockton, CA 95205-6521

    • Individual retail properties
    • 3,420 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimations
    $250,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1172949
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Launderland / Laundromat
    • Laundry City / Laundromat

    Property Details for 2487 Main St

    Year built
    1975
    Lot size
    0.28 lot acres
    Property size
    3,420 SF
    Zone code
    C2
    Property type
    Individual retail properties
    APN
    155-420-060-000
    APU
    155420060000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $250,000

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $265,000
      WAREHOUSE, STORAGE
      $175,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stockton
    County
    San Joaquin
    State
    California
    Longitude
    -121.252
    Latitude
    37.9552
    CBSA code
    44700
    CBSA name
    STOCKTON, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,429
    $92,957
    $344,496
    $437,453
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $230,000
      0.17 Acres

      2349 Waterloo Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.17 Acres
      2349 Waterloo Rd, Stockton, CA 95205-2914
      View Details
    • Value Estimation
      $290,000
      14,820 SF

      1528 Fremont St

      RETAIL STORES (PERSONAL SERVICES) • 14,820 SF
      1528 Fremont St, Stockton, CA 95205-4418
      View Details
    • Value Estimation
      $465,000
      17,474 SF

      407 Wilson Way

      FINANCIAL BUILDING • 17,474 SF
      407 Wilson Way, Stockton, CA 95205-4440
      View Details
    • Value Estimation
      $1,290,000
      3,600 SF

      222 Wilson Way

      RETAIL STORES (PERSONAL SERVICES) • 3,600 SF
      222 Wilson Way, Stockton, CA 95205-4506
      View Details
    • Value Estimation
      $1,775,000
      3,570 SF

      2618 Waterloo Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,570 SF
      2618 Waterloo Rd, Stockton, CA 95205-2961
      View Details
    • Value Estimation
      $275,000
      1,828 SF

      2494 Fremont St

      CONVENIENCE STORE (W/FUEL PUMP) • 1,828 SF
      2494 Fremont St, Stockton, CA 95205-4616
      View Details

    Similar Nearby for Sale

    • $450,000
      1,574 SF

      Commercial Property with Tenant in Place

      Commercial property for sale with existing tenant and lease.
      1143 E Main St, Stockton, CA 95205
      View Details
    • $645,000
      5,100 SF

      Stockton Storefront - Prime Location

      5,000 SF Retail Space, Vacant, $645,000
      2402 Wilson Way, Stockton, CA 95205
      View Details
    • Contact for pricing
      90,000 SF

      Stockton Retail Opportunity Available

      Retail spaces and pad sites available in south Stockton.
      2180 S Mariposa Rd, Stockton, CA 95205
      View Details
    • $2,800,000
      32,500 SF

      Stockton Warehouse Investment Opportunity

      Fully leased, insulated warehouses with staggered lease expirations.
      915-1009 N Union St, Stockton, CA 95205
      View Details
    • $1,800,000

      Highway 99 School Facility

      School facility on Highway 99 with multiple buildings.
      3635 Calaveras Ave, Stockton, CA 95205
      View Details
    • $420,000

      Stockton Triplex Investment Opportunity

      Centrally located Stockton triplex with immediate rental income.
      1272 N Airport Way, Stockton, CA 95205
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      71,008 SF

      Stockton Retail Space For Lease

      Retail spaces available in a densely populated area of Stockton.
      1140 Waterloo Rd, Stockton, CA 95205
      View Details
    • Contact for pricing
      6,144 SF

      Turnkey Restaurant Space Available

      Restaurant or retail space with full commercial kitchen and parking.
      902 Waterloo Rd, Stockton, CA 95205
      View Details
    • Contact for pricing
      3,877 SF

      Stockton Retail Space - Wilson Way

      Prime Stockton retail, drive-thru potential.
      4343 Wilson Way, Stockton, CA 95205
      View Details
    • Contact for pricing
      8,088 SF

      Established Shopping Center with Anchors

      Neighborhood shopping destination with Food 4 Less and Dollar Tree.
      678 North Wilson Way, Stockton, CA 95205
      View Details
    • $12 SF/Yr
      5,000 SF

      Prime Stockton Warehouse Space

      5,000 sq ft Warehouse - Excellent Location
      2511 West Ln, Stockton, CA 95205
      View Details
    • $0.85 SF/Yr
      5 SF

      Stockton Industrial Space For Lease

      Industrial property available for lease in Stockton, California.
      955 N Union St, Stockton, CA 95205
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2487 Main St
    Stockton, CA 95205-6521
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.