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    3247 W March Ln Stockton, CA 95219
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    Property profile & analytics

    3247 W March Ln, Stockton, CA 95219

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    • Office buildings
    • 74,589 SF
    • 3.08 lot acres
    For Lease
    $9,390,000
    View Listing →
    Class A Office Space Available For Lease
    $9,390,000
    75,000 SF

    Class A Office Space Available

    Premier office building in Brookside Business Park, Stockton.

    3247 W March Ln, Stockton, CA 95219
    View Listing
    Property ID
    US09-1939501
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Michael & Cammack / Law Firm
    • CBRE / Real Estate Agency
    • State Compensation Insurance Fund / Insurance Agency
    • Mann Mortgage / Loan Service / Bank
    • Hull & Co Inc / Financial Advisor

    Property Details for 3247 W March Ln

    Year built
    1991
    Lot size
    3.08 lot acres
    Zone code
    C2
    Property type
    Office buildings
    APN
    116-270-030-000
    APU
    116270030000

    Description

    This exceptional Class A executive office building, located at 3247 West March Lane in Stockton, California, 95219, offers 75,000 square feet of premium office space. Currently, 3,615 square feet is available for lease. Situated on approximately 3 acres within the Brookside Business Park, this prominent building is the largest in the park, boasting a prime location just one mile west of the Interstate 5 and March Lane interchange. Originally designed by Lynn T. Lohr, AIA, and constructed in 1992 as a build-to-suit for State Compensation Insurance Fund by The Grupe Commercial Company, the property underwent recent renovations, enhancing its appeal as a premier location in Northwest Stockton. The building features ample parking with a 4:1,000 ratio, accommodating tenants and visitors. The building's multiple tenancy structure provides flexibility for businesses of various sizes. This property represents a unique opportunity to secure high-quality office space in a thriving business park, benefiting from excellent freeway access and modern amenities. The 67.5-acre Brookside Business Park provides a well-established and desirable business environment. This is a rare opportunity to lease space in a meticulously maintained, Class A building.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $12,611,000
      Market price range: $12.6M - $25.4M

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

    Location Insight

    • Map
    • Local Demand
    City
    Stockton
    County
    San Joaquin
    State
    California
    Longitude
    -121.354
    Latitude
    37.9856
    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
    $113,749
    $1,682,547
    $7,885,583
    $9,568,130
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,575,000
      19,443 SF

      3516 Deer Park Dr

      OFFICE BUILDING
      3516 Deer Park Dr, Stockton, CA 95219-2350
      View Details
    • Value Estimation
      $2,910,000
      23,750 SF

      3558 Deer Park Dr

      OFFICE BUILDING
      3558 Deer Park Dr, Stockton, CA 95219-2350
      View Details
    • Value Estimation
      $1,960,000
      11,747 SF

      3421 Brookside Rd

      OFFICE BUILDING
      3421 Brookside Rd, Stockton, CA 95219-1777
      View Details
    • Value Estimation
      $1,275,000
      58,694 SF

      2800 March Ln

      OFFICE BUILDING (MULTI-STORY)
      2800 March Ln, Stockton, CA 95219-8218
      View Details
    • Value Estimation
      $1,910,000
      7,796 SF

      3453 Brookside Rd

      OFFICE BUILDING
      3453 Brookside Rd, Stockton, CA 95219-1772
      View Details
    • Value Estimation
      $2,605,000
      18,674 SF

      3425 Brookside Rd

      OFFICE BUILDING
      3425 Brookside Rd, Stockton, CA 95219-1775
      View Details

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      Brookside Road Medical/Office Property

      Modern, multi-tenant, mixed-use medical/office property in Brookside Business Park.
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      10,115 SF

      Stockton Office Building For Sale

      Two-story office building with lease opportunity and ample parking.
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      Productive Farmland and Waterfowl Hunting

      1558 acres of farmland with waterfowl hunting potential.
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    Similar Nearby for Lease

    • Contact for pricing

      Class A Office Space Available

      Premier office building in Brookside Business Park, Stockton.
      3247 W March Ln, Stockton, CA 95219
      View Details
    • Contact for pricing
      1,319 SF

      Stockton Office Space For Rent

      Office suite available on the 2nd floor with 2,399± SF.
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      5,184 SF

      Stockton Office Space Available

      Office property with 5,184 square feet available for rent.
      3247 W March Ln, Stockton, CA 95219
      View Details
    • $2.00 SF/Yr

      Brookside Office Space Available

      Office space for lease in the Brookside Community.
      3555 Deer Park Dr, Stockton, CA 95219
      View Details
    • Contact for pricing
      4,438 SF

      Stockton Office Space Available

      Office space available for lease in Stockton, California.
      3485 Brookside Rd, Stockton, CA 95219
      View Details
    • $2 SF/Yr
      2,988 SF

      Stockton Office Space For Rent

      Office space with high visibility and convenient highway access.
      3203 West March Ln, Stockton, CA 95219
      View Details
    View Listing
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    Stockton, CA 95219
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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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