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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Retail space
554 Wilson Way Stockton, CA 95205-4443
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-3747200
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
5,997 SF
Lot
0.63 ac (27,269 SF)
APN
141-290-140-000
UPID
US09-3747200
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
-
Shoe Palace Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
The Chelsea Asphalt Paving And Sealcoating Building Supply Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
$990k
Blend (final)
Blend
$915k
Owner & transaction history
Mershop Wilson LLC
Mershop Wilson LLC
since 2025
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+142.1%
Office building
$1.1M
+81.1%
Commercial (general)
$1.1M
+76.7%
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%
$1,180,000
6.5%
$1,085,000
7%
$1,010,000
Alternative Use
Use
Estimation
RETAIL STORES
$610,000
Current use
MEDICAL BUILDING
$1,480,000
Change: +142% · Conversion: Difficult
OFFICE BUILDING
$1,105,000
Change: +81% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,080,000
Change: +77% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,055,000
Change: +73% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,040,000
Change: +70% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,020,000
Change: +67% · Conversion: Difficult
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±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
$153 / 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
$11,224
Tax year 2024
Assessed value
$901,359
Assessed 2024
Previous assessed
$901,359
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$360,542
Assessed improvement
$540,817
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Stories
1
Total area
5,997 SF
Lot
0.63 ac (27,269 SF)
APN
141-290-140-000
UPID
US09-3747200
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$610,000
MEDICAL BUILDING
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$1.0M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (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
Heating
NONE
Stories
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Mershop Wilson LLC
Entity
Mailing address
755 JARVIS DR, MORGAN HILL, CA 95037-2810
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2025
—
Mershop Wilson LLC
Mersho Grjt Investments LLC
Grant Deed
—
Jan 17, 2014
—
Mersho Grjt Investments LLC
Eastland Plaza
Grant Deed
—
Aug 3, 2012
—
Plaza Eastland
Perry,elizabeth I
Grant Deed
—
May 28, 1999
—
Elizabeth I Perry
Ep Shopping Center II LLC
Grant Deed
$630,000 · La Jolla Savings Bank
—
—
Mersho Grjt Investments LLC
—
Deed Of Trust
related
$487,500 · Bank Of America
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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