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    249 Main St Manteca, CA 95336-4632
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    Property profile & analytics

    249 Main St, Manteca, CA 95336-4632

    View on Map
    • Retail space
    • 3,600 SF
    • 0.16 lot acres
    Off-Market
    Last Sale Feb 7, 2024
    $845,000
    Property ID
    US09-1047264
    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.
    Value Estimations
    $845,000
    Show details
    Cap Rate Potential
    4.8%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 249 Main St

    Lot size
    0.16 lot acres
    Zone code
    43
    Property type
    Retail space
    APN
    217-226-030-000
    APU
    217226030000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 17, 2024 — Moreno Property Investments INC Crystal Renee Downs Deed · related —
    Feb 7, 2024 $845,000 Moreno Property Investments INC Crystal Renee Downs Grant Deed $761k · Trombatore Downs Trust
    May 21, 2021 — Crystal Renee Downs Crystal Renee Downs Intrafamily Transfer · related —
    Feb 13, 2013 — Trombatore Downs Trust Downs,crystal R Quit Claim Deed · related —
    Jul 3, 2008 $400,000 Crystal R Downs Vincent Trust Grant Deed $320k · Vincent Trust
    Feb 1, 2000 $82,500 Vincent Trust Joseph Mengelt INC Grant Deed $92k · California Federal Bank
    Apr 27, 1998 — Reiger Trust Grimm,kathryn L Grant Deed · related —
    Jul 10, 1996 $2,000 Kathryn L Grimm Michael D Mcgranahan Trustee Grant Deed · related —
    Oct 6, 1994 — Grimm Trust Grimm,kathryn L Quit Claim Deed · related —
    Jul 11, 1994 $172,000 Williard Rieger Joseph A Mengelt Grant Deed $158k · Seller
    — — Crystal Downs — Deed Of Trust · related $23k · Redevelopment Agency
    — — Vincent Trust — Deed Of Trust · related $81k · Bank Of The West

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $845,000
      ML approach
      $845,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $680,000
      6.5%
      $630,000
      7%
      $585,000

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $785,000
      OFFICE BUILDING
      $700,000
      AUTO REPAIR, GARAGE
      $560,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Manteca
    County
    San Joaquin
    State
    California
    Longitude
    -121.217
    Latitude
    37.8002
    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
    $6,673
    $227,240
    $277,739
    $504,979
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

      223 Yosemite Ave

      RETAIL STORES (PERSONAL SERVICES)
      223 Yosemite Ave, Manteca, CA 95336-5603
      View Details
    • Value Estimation
      $2,285,000
      23,942 SF

      249 Commerce Ave

      RETAIL STORES (PERSONAL SERVICES)
      249 Commerce Ave, Manteca, CA 95336-5061
      View Details
    • Value Estimation
      $1,800,000
      14,469 SF

      1071 Main St

      RETAIL STORES (PERSONAL SERVICES)
      1071 Main St, Manteca, CA 95336-3744
      View Details
    • Value Estimation by Request
      3,061 SF

      141 Commerce Ave

      RETAIL STORES (PERSONAL SERVICES)
      141 Commerce Ave, Manteca, CA 95336-5063
      View Details
    • Value Estimation by Request
      4,088 SF

      228 Yosemite Ave

      RETAIL STORES (PERSONAL SERVICES)
      228 Yosemite Ave, Manteca, CA 95336-5604
      View Details
    • Value Estimation
      $2,235,000
      6,000 SF

      1200 Lathrop Rd

      RETAIL STORES (PERSONAL SERVICES)
      1200 Lathrop Rd, Manteca, CA 95336-9670
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,988 SF

      Downtown Retail Building on Yosemite

      Freestanding commercial building in a high-traffic downtown location.
      159 W Yosemite Ave, Manteca, CA 95336
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    • $550,000
      2,988 SF

      Downtown Commercial Building on Yosemite

      Freestanding commercial building in downtown Manteca with versatile floor plan.
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      2,400 SF

      Established Gas Station & C-Store

      High-performing 7-Eleven with strong sales and prime location.
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    • Contact for pricing
      10,508 SF

      Mixed-Use Property in Downtown Manteca

      Mixed-use property with retail and residential units in revitalizing downtown.
      116 W Yosemite Ave, Manteca, CA 95336
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    • Contact for pricing
      2,000 SF

      Established Grocery Store in Plaza

      Grocery store in high-traffic area with loyal customer base.
      1325 Historical Plaza Way, Manteca, CA 95336
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    Similar Nearby for Lease

    • Contact for pricing
      2,045 SF

      Retail Space in Spreckels Center

      Retail space available immediately in high-traffic shopping center.
      249-297 Commerce Ave, Manteca, CA 95336
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Central Manteca

      High visibility, recently renovated retail space anchored by Dollar General.
      560 N Main St, Manteca, CA 95336
      View Details
    • Contact for pricing
      10,120 SF

      Retail Space on Yosemite Avenue

      Retail space available in a busy Manteca shopping center.
      263 Spreckels Ave, Manteca, CA 95336
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space in Spreckels Center

      Retail space at the entrance to Spreckels Shopping Center.
      165 Commerce Ave, Manteca, CA 95336
      View Details
    • Contact for pricing

      Prime Retail Space in Manteca

      Commercial space in a busy shopping center with freeway access.
      1379 E Yosemite Ave, Manteca, CA 95336
      View Details
    • Contact for pricing

      Retail Development Shop Space Available

      New retail development with shop space for lease.
      2060 W Lathrop Rd, Manteca, CA 95336
      View Details
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    Manteca, CA 95336-4632
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    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
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