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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Drive through restaurants
8023 Ww Ln Stockton, CA 95210-3141
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0026911
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1980
Total area
2,774 SF
Lot
0.44 ac (19,043 SF)
Zoning code
C2
APN
088-180-070-000
UPID
US09-0026911
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
-
Church's Texas Chicken Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$810k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$998k
Blend (final)
Blend
$920k
Owner & transaction history
Nk Norcal Properties LLC · 4 yrs held
Nk Norcal Properties LLC
since 2022
Last sale
$975,000
7 recorded transactions
Zoning & alternative use
C2 · Stockton, 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 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
$840,000
ML approach
$810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$790,000
Current use
MEDICAL BUILDING
$685,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $975k (Mar 22 2022)
Last sale anchor
$975k
Mar 22 2022
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
$332 / 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
$11,394
Tax year 2024
Assessed value
$1,014,390
Assessed 2024
Previous assessed
$1,014,390
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$280,908
Assessed improvement
$733,482
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1980
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
2,774 SF
Lot
0.44 ac (19,043 SF)
Zoning code
C2
APN
088-180-070-000
UPID
US09-0026911
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
C2 · Stockton, CA
Zoning C2 · permitted uses
C2 · 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
RESTAURANT Current
Est. value
$790,000
MEDICAL BUILDING
Est. value
$685,000
RESTAURANT Current
MEDICAL BUILDING
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
1980
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Nk Norcal Properties LLC
Entity
Mailing address
4216 STEAMBOAT CV LN, STOCKTON, CA 95219-2536
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2022
$975,000
Nk Norcal Properties LLC
Westlane Properties LLC
Grant Deed
$828,700 · First Bank Of The Lake
May 20, 2005
—
Westlane Properties LLC
West Lane Plaza LLC
Quit Claim Deed
$2,700,000 · County Bank
Nov 21, 2003
—
Warren,tr
West Lane Plaza LLC
Grant Deed
related
—
Jan 23, 2003
—
West Lane Plaza LLC
Klein,richard R
Grant Deed
$2,100,000 · County Bank
Nov 26, 2001
—
Richard R Klein
Fnb Real Estate Corp
Grant Deed
$1,295,000 · California Federal Bank
Jan 9, 1989
$2,989,000
Intrust Ltd Xxi
Stockton Plaza
Trustees Deed
—
Jan 9, 1989
$211,500
Intrust Ltd Xxi
Johnson,mary L
Trustees Deed
—
Jan 9, 1989
$2,221,500
Evans,thomas A
Starker,services
Trustees Deed
$2,400,000 · First Nationwide Bank
Jan 9, 1989
$704,000
Perkinsmautner,m
Equity Preservat
Trustees Deed
—
Jan 9, 1989
$57,000
Johnson,douglas
Stockton Plaza
Trustees Deed
related
—
Dec 1, 1981
$1,426,000
Lilval INC
Owner Name Unavailable
Grant Deed
related
—
—
—
West Lane Plaza LLC
—
Deed Of Trust
related
$2,700,000 · County Bank
—
—
Richard R Klein
—
Deed Of Trust
related
$350,000 · Stockton Management & Dev Corp
—
—
Westlane Properties LLC
—
Deed Of Trust
related
$2,700,000 · Standard Insurance Co
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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