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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Refrigerated & Cold Storage
505 Main St Lodi, CA 95240-4122
Trust Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2170281
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
1951
Total area
14,394 SF
Lot
0.89 ac (38,978 SF)
Zoning code
62
APN
047-020-550-000
UPID
US09-2170281
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
-
M&R Company Shipping Office Corporate Office
-
Lucy & Associates Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$752k
Blend (final)
Blend
$685k
Owner & transaction history
Donald,r Reynolds Irrev F Trust · 8 yrs held
Donald,r Reynolds Irrev F Trust
since 2018
7 recorded transactions
Zoning & alternative use
62 · Lodi, 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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$895,000
Current use
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$48 / 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
$12,324
Tax year 2024
Assessed value
$1,137,532
Assessed 2024
Previous assessed
$1,137,532
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$159,213
Assessed improvement
$978,319
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
1951
Heating
NONE
Stories
1
Total area
14,394 SF
Lot
0.89 ac (38,978 SF)
Zoning code
62
APN
047-020-550-000
UPID
US09-2170281
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
62 · Lodi, CA
Zoning 62 · permitted uses
62 · 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
WAREHOUSE, STORAGE Current
Est. value
$895,000
WAREHOUSE, STORAGE Current
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
1951
Heating
NONE
Stories
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
Donald,r Reynolds Irrev F Trust
Trust
Free & Clear · 8 yrs held
Mailing address
19441 WILDERNESS WAY, WOODBRIDGE, CA 95258-9213
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2018
—
Donald,r Reynolds Irrev F Trust
Donald R Reynolds Sepa Trust
Quit Claim Deed
related
—
Dec 23, 2015
—
Reynolds,roberte L & C W Trust
Reynolds,robert L
Affidavit Of Death
related
—
Apr 28, 2015
—
Reynolds,r L & C W Trust
Reynolds Carolyn W
Quit Claim Deed
related
—
Apr 16, 2014
—
Reynolds,donald R Trust
Reynolds,donald R
Quit Claim Deed
related
—
Oct 17, 2011
—
Reynolds Constance E Trust
Reynolds,constance E
Quit Claim Deed
related
—
Apr 24, 1997
$175,000
Donald R Reynolds
Lebaron Ranches LP
Grant Deed
—
Apr 17, 1997
—
Robert L Reynolds
Reynolds,robert L & Carolyn W
Quit Claim Deed
related
—
Apr 7, 1995
—
Lebaron Ranches LP
Lebaron Trust
Quit Claim Deed
related
—
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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