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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Office buildings
2616 Pacific Ave Stockton, CA 95204-7000
Individually Owned
13-yr Hold
Free & Clear
Property ID
US10-1896308
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
6,271 SF
Lot
0.26 ac (11,164 SF)
Zoning code
CR
APN
125-040-050-000
UPID
US10-1896308
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
Current use
Occupant on record · Public records
-
California Custom Tile General Contractor Renovation Specialist
-
United States Postal Service Logistics Service Money Order Service
-
Stockton Post Office Post Office
-
Restore the Delta Charitable Organization Social Service Agency
-
Dazzlin' Cleaning Service LLC General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.58M
Comparable Approach
Comparable
$1.81M
Blend (final)
Blend
$1.47M
Owner & transaction history
Rajendra F Patel · 13 yrs held
Rajendra F Patel
since 2013
4 recorded transactions
Zoning & alternative use
CR · Stockton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.8M
+54.3%
Medical building
$1.5M
+33.7%
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%
$1,705,000
6.5%
$1,575,000
7%
$1,460,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,155,000
Current use
RESTAURANT
$1,785,000
Change: +54% · Conversion: Moderate
MEDICAL BUILDING
$1,545,000
Change: +34% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,055,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±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
$234 / 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
$16,276
Tax year 2024
Assessed value
$1,207,267
Assessed 2024
Previous assessed
$1,207,267
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$241,452
Assessed improvement
$965,815
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Total area
6,271 SF
Lot
0.26 ac (11,164 SF)
Zoning code
CR
APN
125-040-050-000
UPID
US10-1896308
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
CR · Stockton, CA
Zoning CR · permitted uses
CR · 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
OFFICE BUILDING Current
Est. value
$1.2M
RESTAURANT
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
0.26 ac
Current owner
From public records · entity-resolved
Rajendra F Patel
Individual
Free & Clear · 13 yrs held
Mailing address
2613 REMBRANDT PL, MODESTO, CA 95356-0378
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2013
—
Rajendra F Patel
Volpi Family 1 LP
Grant Deed
—
Jul 31, 2008
—
Martin Heller
Heller,margaret
Quit Claim Deed
related
—
Jul 31, 2008
$1,200,000
The Volpi Family 1 LP
Martin Heller
Grant Deed
$600,000 · Community Bank Of San Joaquin
Jun 3, 1997
$320,000
Martin Heller
Gerry Zoelezzi Estate
Grant Deed
—
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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