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Property profile & analytics
OFF-MARKET
Estimated value
$375,000
Retail space
378 Dr Martin Luther King Jr Blvd Stockton, CA 95206-1763
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0483897
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1963
Total area
4,400 SF
Lot
0.53 ac (23,086 SF)
Zoning code
C2
APN
165-030-180-000
UPID
US09-0483897
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
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$375k
Owner & transaction history
Mario Diaz · 5 yrs held
Mario Diaz
since 2021
Last sale
$520,000
6 recorded transactions
Zoning & alternative use
C2 · Stockton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$375,000
ML approach
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$375k
Range $338k – $413k · ±10% · vs last sale $520k (May 10 2021)
Last sale anchor
$520k
May 10 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
$85 / 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
$7,294
Tax year 2024
Assessed value
$551,827
Assessed 2024
Previous assessed
$551,827
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$318,362
Assessed improvement
$233,465
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1963
Heating
NONE
Stories
1
Total area
4,400 SF
Lot
0.53 ac (23,086 SF)
Zoning code
C2
APN
165-030-180-000
UPID
US09-0483897
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
C2 · Stockton, CAZoning C2 · permitted uses
C2 · Stockton, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Mario Diaz
Individual
Mailing address
5703 MONTAUBAN AVE, STOCKTON, CA 95210-5627
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2021
$520,000
Mario Diaz
Berkeley Partners LLC
Grant Deed
$220,000 · Pajama Factory LLC
May 10, 2021
—
Mario Diaz
Angelica Diaz Arias
Intrafamily Transfer
related
—
May 23, 2005
—
Mgrp I LLC
Hansra 2002 Trust
Grant Deed
—
Jan 25, 2005
—
Hansra 2002 Family Trust
Acosta,vicente & Maria J
Grant Deed
—
Oct 29, 1999
$235,000
Vicente Acosta
Aranda,javier & Guillermina
Grant Deed
$250,000 · Goleta National Bank
Dec 6, 1993
$220,000
Javier Aranda
Cisneros Trust
Grant Deed
$140,000 · Seller
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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