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Property profile & analytics
OFF-MARKET Estimated value $1,125,000
Investment properties

347 Weber Ave Stockton, CA 95202-2707

15,303 SF 0.12 ac lot Built 1910
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US09-3528020
Property summary
AI-generated overview

This exceptional mixed-use building, located at 347 E Weber Ave in Stockton, CA 95202, presents a unique investment opportunity. The 15,303 square foot property, built in 1910, features three floors and is currently 70% occupied by 15 tenants under a gross lease. The asking price is $1,550,000 ($101.29/sq ft). The ground floor boasts four retail spaces ideal for businesses seeking a high-traffic location. The second floor offers approximately 5,000 square feet of versatile space, suitable for events or owner-user expansion, including approximately six office spaces. The third floor comprises approximately 5,000 square feet of traditional office space, including ten private suites and a conference room. Recent renovations include interior painting and new flooring on the second and third floors. The property's central location in Stockton's city center, across from government buildings, and its proximity to public transportation, make it an attractive option for both commercial and potential residential redevelopment. This 1031 exchange-eligible property (APN: 139-120-160-000) offers significant upside potential for the savvy investor. The property is a mixed-use building with storefront and traditional office subtypes.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1910
Total area 15,303 SF
Lot 0.12 ac (5,100 SF)
Zoning code C3
APN 139-120-160-000
UPID US09-3528020
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
  • Kids Sensory Gym & Playground Family Recreation Center
  • Banh Mi & Roll Restaurant
  • LoadUp Junk Removal Waste Management Facility Hazardous Waste Disposal
  • Metro Offices Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.12M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$1.13M
Owner & transaction history
The Metro LLC · 4 yrs held
The Metro LLC
since 2021
Last sale
$1.4M
7 recorded transactions
2024
Price N/A
2021
$1.4M
2016
$1.2M
2014
$790,000
2007
Price N/A
2006
Price N/A
2003
Price N/A
Zoning & alternative use
C3 · Stockton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.5M +115.7%
Retail stores $1.5M +113.1%
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