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Property profile & analytics
OFF-MARKET
Estimated value
$6,880,000
Retail properties & Spaces
3100 Naglee Rd Tracy, CA 95304-7319
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1409402
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1996
Total area
51,492 SF
Lot
3.71 ac (161,608 SF)
APN
212-050-220-000
UPID
US09-1409402
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
-
Hobby Lobby (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.28M
CAP Approach
CAP
$8.99M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.88M
Owner & transaction history
Park Villa Clovis Limited Partnersh · 4 yrs held
Park Villa Clovis Limited Partnersh
since 2021
Last sale
$7.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$11.2M
+73.4%
Auto repair, garage
$8.0M
+23.2%
Apartment house (5+ units)
$7.4M
+14.0%
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 Tracy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tracy 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
$6,555,000
ML approach
$6,275,000
CAP Approach
CAP Return
Estimation
6%
$9,730,000
6.5%
$8,985,000
7%
$8,340,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,485,000
Current use
MEDICAL BUILDING
$11,245,000
Change: +73% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,985,000
Change: +23% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,395,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$6.88M
Range $6.19M – $7.57M · ±10% · vs last sale $7.35M (Nov 17 2021)
Last sale anchor
$7.35M
Nov 17 2021
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
$134 / 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
$55,195
Tax year 2024
Assessed value
$5,088,492
Assessed 2024
Previous assessed
$5,088,492
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$2,143,640
Assessed improvement
$2,944,852
Applied tax rate
4.0000
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1996
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
51,492 SF
Lot
3.71 ac (161,608 SF)
APN
212-050-220-000
UPID
US09-1409402
Jurisdiction
SAN JOAQUIN
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
$6.5M
MEDICAL BUILDING
Est. value
$11.2M
AUTO REPAIR, GARAGE
Est. value
$8.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.4M
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1996
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
3.71 ac
Current owner
From public records · entity-resolved
Park Villa Clovis Limited Partnersh
Individual
Mailing address
101 E VINEYARD AVE STE #201, LIVERMORE, CA 94550-6878
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2021
$7,350,000
Park Villa Clovis Limited Partnersh
Ggd Oakdale LLC
Grant Deed
$4,285,000 · Tri Counties Bank
Dec 21, 2020
$2,511,818
Ggd Oakdale LLC
West Valley Realty LLC
Grant Deed
$3,914,000 · Wilson Platt
Jun 1, 2020
—
West Valley Realty LLC
West Valley Holdings LLC
Quit Claim Deed
$17,500,000 · Miscellaneous Ins Co
Apr 24, 2020
—
West Valley Holdings LLC
Tracy Mall Partners LP
Deed In Lieu Of Foreclosure
related
—
Feb 5, 2010
—
Tracy Mall Partners LP
—
Deed Of Trust
related
$56,436,046 · Bank Of America
Feb 27, 2007
—
Breckenridge Group INC
—
Trustees Deed
related
$2,697,500 · Farmers & Merchants Bk Lng Bch
Jun 20, 2003
—
Tracy Mall Partners LP
—
Deed Of Trust
related
$67,000,000 · Bear Stearns Commercial Mtg
Jan 12, 1999
—
Tracy Mall Partners LP
—
Deed Of Trust
related
$75,000,000 · Lehman Capital Corp
Aug 13, 1993
—
Tracy Mall Partners
—
Deed Of Trust
related
—
—
—
Tracy Mall Partners LP
—
Loan Modification
related
$59,000,000 · Rbs Citizens Bank NA
—
—
Tracy Mall Partners
—
Deed Of Trust
related
$130,000,000 · Gmac Commercial Mortgage Corp
—
—
Tracy Mall Partners LP
—
Deed Of Trust
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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