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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Office buildings
411 11th St Tracy, CA 95376
Trust Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2160403
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1990
Total area
4,708 SF
Lot
0.33 ac (14,196 SF)
Zoning code
NC
APN
233-103-200-000
UPID
US09-2160403
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
$875k
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$830k
Owner & transaction history
Boehm,eric M & Jean M F Trust · 7 yrs held
Boehm,eric M & Jean M F Trust
since 2019
7 recorded transactions
Zoning & alternative use
NC · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$950,000
6.5%
$875,000
7%
$815,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,190,000
Current use
MEDICAL BUILDING
$1,030,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$830k
Range $747k – $913k · ±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
$176 / 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
$8,348
Tax year 2024
Assessed value
$770,364
Assessed 2024
Previous assessed
$770,364
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$304,038
Assessed improvement
$466,326
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1990
Heating
NONE
Stories
2
Total area
4,708 SF
Lot
0.33 ac (14,196 SF)
Zoning code
NC
APN
233-103-200-000
UPID
US09-2160403
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
NC · Tracy, CA
Zoning NC · permitted uses
NC · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING Current
MEDICAL BUILDING
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
1990
Heating
NONE
Stories
2
Lot
0.33 ac
Current owner
From public records · entity-resolved
Boehm,eric M & Jean M F Trust
Trust
Mailing address
27860 SHARON CT, TRACY, CA 95304-8647
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2020
—
Boehm,e M & J M Fam Trust
—
Deed
related
$400,000 · Bank Of Stockton
Jun 7, 2019
—
Boehm,eric M & Jean M F Trust
Boehm,eric
Quit Claim Deed
related
—
Oct 8, 2014
—
Eric Boehm
Boehm,jean L
Quit Claim Deed
related
—
May 11, 2004
—
Jean L Boehm
Boehm,tr
Quit Claim Deed
related
$445,000 · Bank Of Stockton
Jul 13, 2001
—
Boehm Trust
Boehm,jean L
Quit Claim Deed
related
—
Apr 13, 2001
—
Boehm Trust
Boehm,jean L
Quit Claim Deed
related
—
Nov 8, 1999
—
Jean L Boehm
Boehm,eric
Quit Claim Deed
related
$280,000 · Bank Of Stockton
Jul 1, 1998
—
Eric Boehm
Boehm,jean
Quit Claim Deed
related
—
Oct 14, 1994
$148,500
Jean L Boehmu
William A Hirst Trustee
Grant Deed
—
Sep 1, 1993
—
Jean Etal Boehm
—
Deed Of Trust
related
—
—
—
William A Hirst
—
Deed Of Trust
related
$100,000 · Central Valley T
—
—
Jean L Boehm
—
Deed Of Trust
related
$150,000 · Bank Of Stockton
—
—
Boehm,e M & J M Fam Trust
—
Deed Of Trust
related
$400,000 · Bank Of Stockton
—
—
Jean L Boehm
—
Deed Of Trust
related
$625,000 · Bank Of Stockton
—
—
Jean L Boehm
—
Deed Of Trust
related
$250,000 · Bank Of Stockton
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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