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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Car washes
425 Dr Martin Luther King Jr Blvd Stockton, CA 95206
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1604906
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2006
Total area
3,864 SF
Lot
0.63 ac (27,500 SF)
Zoning code
GC
APN
147-076-070-000
UPID
US09-1604906
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
by Request
Comparable Approach
Comparable
$629k
Blend (final)
Blend
$660k
Owner & transaction history
Zorb Carwashes LLC · 6 yrs held
Zorb Carwashes LLC
since 2019
7 recorded transactions
Zoning & alternative use
GC · Stockton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$955,000
+70.9%
Office building
$715,000
+27.8%
Commercial (general)
$565,000
+1.3%
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
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
$560,000
Current use
MEDICAL BUILDING
$955,000
Change: +71% · Conversion: Difficult
OFFICE BUILDING
$715,000
Change: +28% · Conversion: Difficult
COMMERCIAL (GENERAL)
$565,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$660k
Range $594k – $726k · ±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
$171 / 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
$45,670
Tax year 2024
Assessed value
$3,669,220
Assessed 2024
Previous assessed
$3,669,220
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$933,755
Assessed improvement
$2,735,465
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2006
Heating
NONE
Stories
1
Total area
3,864 SF
Lot
0.63 ac (27,500 SF)
Zoning code
GC
APN
147-076-070-000
UPID
US09-1604906
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
GC · Stockton, CA
Zoning GC · permitted uses
GC · Stockton, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stockton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$560,000
MEDICAL BUILDING
Est. value
$955,000
OFFICE BUILDING
Est. value
$715,000
COMMERCIAL (GENERAL)
Est. value
$565,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
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
2006
Heating
NONE
Stories
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Zorb Carwashes LLC
Entity
Mailing address
7808 KELLEY DR STE F, STOCKTON, CA 95207-1151
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2024
—
Zorb Carwashes LLC
—
Deed
related
$2,000,000 · Farmers & Merchants Bank Of Central Ca
Jan 31, 2020
—
Zorb Carwashes LLC
—
Deed
related
$500,000 · Farmers & Merchants Bk/ctrl Ca
Oct 28, 2019
$1,374,500
Zorb Carwashes LLC
Mount Charter Way LLC
Trustees Deed
$1,872,500 · Farmers & Merchants Bk/ctrl Ca
Oct 28, 2019
—
Mount Charter Way LLC
Zorb Carwashes LLC
Quit Claim Deed
related
—
Dec 23, 2015
$870,000
Mount Charter Way LLC
William E Halvorson
Grant Deed
$300,000 · Central Valley Community Bank
Jun 1, 2005
—
Lorraine Halvorson
Rodgers,rose V
Affidavit Of Death
related
—
Dec 3, 2004
—
Halvorson William E & L Trust
Rodgers Rose V Trust
Grant Deed
related
—
Dec 1, 1989
—
Rose V Cotr Etl Rodgers
—
Quit Claim Deed
related
—
—
—
Zorb Carwashes LLC
—
Deed Of Trust
related
$500,000 · Farmers & Merchants Bk/ctrl Ca
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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