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Property profile & analytics
FOR LEASE
Industrial properties
3941 Holly Dr Tracy, CA 95304
Trust Owned
22-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1454722
For Lease
1 / 2
$15.12 SF/Yr
3941 Holly Dr, Tracy, CA 95304
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Total area
33,224 SF
Lot
1.99 ac (86,684 SF)
Zoning code
98
APN
212-220-100-000
UPID
US09-1454722
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
-
Merchantech Business To Business Service
-
Sexton Cabinet Works General Contractor Renovation Specialist
-
RPG Auto Repair Shop Motorcycle Shop
-
Vantage Transports Freight Service Logistics Company
-
C & J Foreign Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$596k
Blend (final)
Blend
$525k
Owner & transaction history
Elissagaray Family Trust · 22 yrs held
Elissagaray Family Trust
since 2004
3 recorded transactions
Zoning & alternative use
98 · Tracy, 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 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
by Request
ML approach
$460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$16 / 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
$17,029
Tax year 2024
Assessed value
$1,569,228
Assessed 2024
Previous assessed
$1,569,228
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$423,431
Assessed improvement
$1,145,797
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
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Status
For Lease
Heating
NONE
Total area
33,224 SF
Lot
1.99 ac (86,684 SF)
Zoning code
98
APN
212-220-100-000
UPID
US09-1454722
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
98 · Tracy, CA
Zoning 98 · permitted uses
98 · Tracy, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tracy. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.99 ac
Current owner
From public records · entity-resolved
Elissagaray Family Trust
Trust
Free & Clear · 22 yrs held
Mailing address
43 BLACKHAWK CLB CT, DANVILLE, CA 94506-4513
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2004
—
Elissagaray Family Trust
Elissagaray Family Trust
Quit Claim Deed
related
—
Mar 21, 1996
$964,000
Elissagaray Trust
Bank Of Stockdale
Grant Deed
$770,840 · Bank Of Stockdale
Jan 27, 1993
$794,000
Bank Stockton
Most,james D
Trustees Deed
related
$793,631
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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