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Property profile & analytics
FOR LEASE
Retail space
2641 Geer Rd Turlock, CA 95382
Trust Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2135333
For Lease
1 / 5
$1,440,000
2641 Geer Rd, Turlock, CA 95382
View Listing →
Property summary
AI-generated overview
This freestanding retail building, totaling 8,972 square feet, is situated on a 0.71-acre lot in Turlock, CA, at 2641 Geer Rd, 95382. Originally constructed in 1995 and extensively remodeled in 2013, the property boasts a single-tenant occupancy and is currently vacant. The building features 43 parking spaces, fire sprinklers, and is handicap accessible. Its excellent condition includes a well-maintained roof. The property benefits from high visibility due to its location on a busy retail corridor at a signalized intersection, providing access from two major streets. Significant signage opportunities exist, including street, frontage, and monument signage. This prime location is just one block from California State University, Stanislaus, and minutes from Highway 99 and downtown Turlock, making it ideal for a national or regional retailer. The building's former tenant was Dollar General.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1995
Construction
TILT-UP CONCRETE
Total area
8,928 SF
Lot
0.71 ac (30,927 SF)
APN
071-009-035-000
UPID
US09-2135333
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
by Request
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$1.44M
Owner & transaction history
Snider Karen Trust · 13 yrs held
Snider Karen Trust
since 2013
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.4M
+95.7%
Auto repair, garage
$1.8M
+47.1%
Commercial (general)
$1.4M
+10.6%
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 Turlock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Turlock 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,225,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,395,000
Change: +96% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,800,000
Change: +47% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,355,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$1.44M
Range $1.30M – $1.58M · ±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
$161 / 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
$15,293
Tax year 2024
Assessed value
$1,425,000
Assessed 2024
Previous assessed
$1,425,000
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$427,500
Assessed improvement
$997,500
Applied tax rate
7.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1995
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
8,928 SF
Lot
0.71 ac (30,927 SF)
APN
071-009-035-000
UPID
US09-2135333
Jurisdiction
STANISLAUS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (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
Year built
1995
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Snider Karen Trust
Trust
Free & Clear · 13 yrs held
Mailing address
5696 CHOWCHILLA MTN RD, MARIPOSA, CA 95338-9758
Mailing matches property
Different — outreach signal
Owner-occupied
No
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 14, 2013
—
Snider Karen Trust
Houghton,karen A S
Grant Deed
related
—
Apr 3, 2009
—
Karen A Snider
Snider,robin C
Quit Claim Deed
related
—
Feb 14, 2008
—
Scott P Snider
Minnesota Properties
Quit Claim Deed
related
—
Nov 16, 2007
—
Scott P Snider
Snider,scott P
Quit Claim Deed
related
—
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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