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Property profile & analytics
OFF-MARKET
Estimated value
$1,075,000
Retail space
7601 11th St Tracy, CA 95304-8803
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0446986
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
11,250 SF
Lot
0.8 ac (34,852 SF)
Zoning code
86
APN
250-140-160-000
UPID
US09-0446986
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
-
Elite Armory Plus Shooting Range Hunting Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.08M
Owner & transaction history
Next Level Properties INC · 8 yrs held
Next Level Properties INC
since 2017
7 recorded transactions
Zoning & alternative use
86 · Tracy, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+23.2%
Apartment house (5+ units)
$1.6M
+14.0%
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
RETAIL STORES
$1,415,000
Current use
AUTO REPAIR, GARAGE
$1,745,000
Change: +23% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,615,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±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
$96 / 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
$20,835
Tax year 2024
Assessed value
$1,896,378
Assessed 2024
Previous assessed
$1,896,378
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$697,197
Assessed improvement
$1,199,181
Applied tax rate
122.0000
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
Total area
11,250 SF
Lot
0.8 ac (34,852 SF)
Zoning code
86
APN
250-140-160-000
UPID
US09-0446986
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
86 · Tracy, CA
Zoning 86 · permitted uses
86 · 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
RETAIL STORES Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
RETAIL STORES Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
Lot
0.8 ac
Current owner
From public records · entity-resolved
Next Level Properties INC
Entity
Mailing address
3636 CASTRO VLY BLVD STE #1, CASTRO VALLEY, CA 94546-4460
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Dec 28, 2017
$1,700,000
Next Level Properties INC
Marmik LLC
Grant Deed
$1,445,000 · Us Bank NA
Aug 6, 2013
—
Marmik LLC
Gowan,carl W & Regina R
Grant Deed
$705,500 · Seacoast Commerce Bank
Jul 10, 2007
—
Gowan 2007 Family Trust
Gowan,patrick V & Janelle
Quit Claim Deed
related
—
May 7, 2002
—
Carl W Gowan
—
Trustees Deed
related
$562,500 · Bank Of Stockton
Jun 5, 2000
$143,000
Gowean,carl W & Regina R
Navarra Trust
Trustees Deed
—
Jun 5, 2000
—
Navarra Trust
Nahama & Weagent Energy Co
Quit Claim Deed
related
—
Feb 8, 2000
—
Navarra Trust
Navarra,albert E & Celeste S
Quit Claim Deed
related
—
Aug 30, 1994
—
Albert E Navarra
Andrew,glen R
Grant 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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