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Property profile & analytics
OFF-MARKET
Estimated value
$1,175,000
Apartment buildings
400 Lockeford St, Lodi, CA 95240-2086
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3243622
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Construction
WOOD
Total area
7,039 SF
Lot
0.21 ac (8,970 SF)
Zoning code
MX
APN
037-260-180-000
UPID
US10-3243622
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
by Request
CAP Approach
CAP
$1.33M
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.18M
Owner & transaction history
Pepe Silvia LLC · 3 yrs held
Pepe Silvia LLC
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
MX · Lodi, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+163.6%
Medical building
$1.5M
+106.9%
Auto repair, garage
$1.1M
+47.0%
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 Lodi submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lodi 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,440,000
6.5%
$1,330,000
7%
$1,235,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$745,000
Current use
RESTAURANT
$1,960,000
Change: +164% · Conversion: Difficult
MEDICAL BUILDING
$1,535,000
Change: +107% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,090,000
Change: +47% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$905,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$810,000
Change: +9% · Conversion: Moderate
COMMERCIAL (GENERAL)
$715,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$1.18M
Range $1.06M – $1.29M · ±10% · vs last sale $1.15M (Aug 2 2022)
Last sale anchor
$1.15M
Aug 2 2022
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
$167 / 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
$12,668
Tax year 2024
Assessed value
$1,173,000
Assessed 2024
Previous assessed
$1,173,000
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$229,500
Assessed improvement
$943,500
Applied tax rate
1.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
2
Units
9
Rooms
36
Bathrooms
9
Total area
7,039 SF
Lot
0.21 ac (8,970 SF)
Zoning code
MX
APN
037-260-180-000
UPID
US10-3243622
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
MX · Lodi, CA
Zoning MX · permitted uses
MX · Lodi, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lodi. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$745,000
RESTAURANT
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$905,000
OFFICE BUILDING
Est. value
$810,000
COMMERCIAL (GENERAL)
Est. value
$715,000
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1970
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Units
9
Rooms
36
Bathrooms
9
Lot
0.21 ac
Current owner
From public records · entity-resolved
Pepe Silvia LLC
Entity
Mailing address
2000 W BROVELLI WOODS LN, ACAMPO, CA 95220-9259
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2022
$1,150,000
Pepe Silvia LLC
The Lal Group LLC
Grant Deed
—
Jul 24, 2018
$1,025,000
The Lal Group LLC
Jaiman Properties LLC
Grant Deed
$625,000 · Us Bank Trust Co NA
May 3, 2017
$805,000
Jaiman Properties LLC
Antonio J Naranjo
Grant Deed
$577,500 · Banner Bank
Jun 28, 2013
—
Flores Family Trust
Flores,ernesto & Gloria
Quit Claim Deed
related
—
Oct 23, 2006
—
Antonio J Naranjo
Owner Name Unavailable
Grant Deed
related
—
May 19, 2006
$1,040,000
Antonio J Naranjo
Kooyman B C & D K Trust
Grant Deed
$375,000 · World Savings
Feb 3, 1995
$98,000
Bernard C Kooyman
Ramos,angelo & Lucy
Grant Deed
related
$34,100 · Seller
Sep 27, 1989
$300,000
Ramos,angelo & L
Equity Preservat
Trustees Deed
$215,000 · Western Financial Savings Bank
—
—
Amgelo Ramos
—
Deed Of Trust
related
$40,000 · Individual
—
—
Kooyman Trust
—
Deed Of Trust
related
$100,000 · Bank Of Stockton
—
—
Kooyman,tr
—
Deed Of Trust
related
$350,000 · United Labor Bank
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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