Entity Owned Property summary
AI-generated overview
The property is a 15-unit apartment complex consisting of fourteen (14) one-bedroom, one-bath units of approximately 462 square feet each and one (1) three-bedroom, two-bath unit of approximately 900 square feet. Nine (9) of the 15 units have been renovated, and the building is professionally maintained and improved. It is located in Stockton’s Downtown Waterfront district near the intersection of W. Oak Street and N. Commerce Street, within walking distance of Adventist Health Arena and Banner Island Ballpark.
Property profile
Verified
Property type
Other apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1961
Construction
WOOD
Total area
8,517 SF
Lot
0.34 ac (15,000 SF)
Zoning code
R3
APN
137-190-120-000
UPID
US09-0199544
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.66M
CAP Approach
CAP
$1.60M
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.69M
Owner & transaction history
since 2020
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
R3 · Stockton, CA
Top alternative use upside
Restaurant
$2.4M
+124.6%
Medical building
$2.1M
+94.6%
Industrial (general)
$1.4M
+32.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.69M
Value range
$1.52M – $1.85M
±10% around blend
Estimated value / SF
$198 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
40
$1.52M
blend $1.69M
$1.85M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,517 SF
Lot area
0.34 ac
Year built
1961
Stories
2
APN
137-190-120-000
Zoning
R3
Assessed value
$1,591,811
Annual tax
$19,789
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.60M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.73M
@ 6.5% CAP return
$1.60M
@ 7% CAP return
$1.48M
4
Sales comparison
Partial preview
Sales approach indication
$1.60M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.5 mi away · 6,440 SF
2.4 mi away · 9,508 SF
23.1 mi away · 6,396 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.69M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 62 sales
$127
+56%
Submarket 163 sales
$140
+41%
County 251 sales
$144
+38%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $198/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+125%
vs current-use indication
Medical Building
Industrial (general)
Auto Repair, Garage
Apartment House (5+ Units) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
6.10%
Implied, in-place cap rate for this other apartment buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.10%
9.0%
NOI (est.)
$105k *
Last sale · Dec 2020
$1.50M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.72M
Move the market yield to see immediate price impact.
Value / SF
$202
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.60%6.10%6.60%
$95k
$1.69M
$1.55M
$1.43M
$105k
$1.88M
$1.72M
$1.59M
$116k
$2.06M
$1.89M
$1.75M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$1.20M
0.2 mi · Sep 2025 · $167/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$19,789
Tax year 2024
Assessed value
$1,591,811
Assessed 2024
Previous assessed
$1,591,811
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$424,483
Assessed improvement
$1,167,328
Applied tax rate
3.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1961
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Units
15
Bathrooms
15
Total area
8,517 SF
Lot
0.34 ac (15,000 SF)
Zoning code
R3
APN
137-190-120-000
UPID
US09-0199544
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
R3 · Stockton, CAZoning R3 · permitted uses
R3 · Stockton, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1961
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
15
Bathrooms
15
Lot
0.34 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R3
Jurisdiction
Stockton, CA
Recorded code
R3
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R3 in Stockton, CA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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