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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Auto shops
4171 Industrial Way Tracy, CA 95304-1612
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-2023362
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Total area
10,000 SF
Lot
1.45 ac (63,162 SF)
Zoning code
61
APN
212-210-100-000
UPID
US09-2023362
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
-
Discovery Auto Body Auto Repair Shop
-
Certified Collision Center Auto Repair Shop
-
Morgan Collision Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$970k
Owner & transaction history
Michael West · 11 yrs held
Michael West
since 2014
7 recorded transactions
Zoning & alternative use
61 · 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,550,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,435,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$1,260,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±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
$97 / 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
$18,901
Tax year 2024
Assessed value
$1,740,239
Assessed 2024
Previous assessed
$1,740,239
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$353,481
Assessed improvement
$1,386,758
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Heating
NONE
Stories
1
Total area
10,000 SF
Lot
1.45 ac (63,162 SF)
Zoning code
61
APN
212-210-100-000
UPID
US09-2023362
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
61 · Tracy, CA
Zoning 61 · permitted uses
61 · 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
AUTO REPAIR, GARAGE Current
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
AUTO REPAIR, GARAGE Current
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
Heating
NONE
Stories
1
Lot
1.45 ac
Current owner
From public records · entity-resolved
Michael West
Individual
Mailing address
4171 INDUSTRIAL WAY, TRACY, CA 95304-1612
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2022
—
Michael West
—
Deed
related
$2,368,000 · Tri Counties Bank
Oct 26, 2017
—
West 2014 Living Trust
—
Deed
related
$1,045,000 · Bank Of The West
Oct 7, 2014
$1,270,000
Michael West
Robert V Morgan JR
Grant Deed
$1,123,000 · Community West Bank NA
Dec 9, 1996
—
Robert V Morgan
—
Grant Deed
related
$822,240 · Pacific State Bank
Sep 20, 1990
$215,000
Robert V Morgan
King,daniel C
Grant Deed
$552,375 · Tracy Savings & Loan
—
—
Robert V Morgan JR.
—
Deed Of Trust
related
$1,393,815 · Zions First National Bank
—
—
West 2014 Living Trust
—
Deed Of Trust
related
$1,045,000 · Bank Of The West
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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