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Property profile & analytics
OFF-MARKET
Estimated value
$3,285,000
Retail space
848 Hammer Ln Stockton, CA 95210-2741
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-3057813
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Total area
25,941 SF
Lot
1.64 ac (71,573 SF)
Zoning code
C2
APN
094-030-370-000
UPID
US10-3057813
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
-
Oasis City Center Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.01M
CAP Approach
CAP
$3.84M
Comparable Approach
Comparable
$2.31M
Blend (final)
Blend
$3.29M
Owner & transaction history
City Center Of San Joaquin · 3 yrs held
City Center Of San Joaquin
since 2023
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
C2 · Stockton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.8M
+90.4%
Industrial (general)
$4.4M
+73.4%
Commercial (general)
$3.8M
+50.9%
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
$2,960,000
ML approach
$3,005,000
CAP Approach
CAP Return
Estimation
6%
$4,155,000
6.5%
$3,835,000
7%
$3,560,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,515,000
Current use
OFFICE BUILDING
$4,785,000
Change: +90% · Conversion: Easy
INDUSTRIAL (GENERAL)
$4,360,000
Change: +73% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,795,000
Change: +51% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,745,000
Change: +49% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,645,000
Change: +45% · Conversion: Difficult
Blend value · Realmo final
$3.29M
Range $2.96M – $3.61M · ±10% · vs last sale $3.80M (Oct 17 2024)
Last sale anchor
$3.80M
Oct 17 2024
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
$127 / 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
$42,450
Tax year 2024
Assessed value
$3,436,685
Assessed 2024
Previous assessed
$3,436,685
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$812,407
Assessed improvement
$2,624,278
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
Year built
1985
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
25,941 SF
Lot
1.64 ac (71,573 SF)
Zoning code
C2
APN
094-030-370-000
UPID
US10-3057813
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
RETAIL STORES Current
Est. value
$2.5M
OFFICE BUILDING
Est. value
$4.8M
INDUSTRIAL (GENERAL)
Est. value
$4.4M
COMMERCIAL (GENERAL)
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
RETAIL STORES Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
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
Year built
1985
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.64 ac
Current owner
From public records · entity-resolved
City Center Of San Joaquin
Entity
Mailing address
848 E HAMMER LN, STOCKTON, CA 95210-2741
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2023
$3,000,000
City Center Of San Joaquin
Oasis Church Sj
Grant Deed
$1,850,000 · Mission Bank
Apr 9, 2019
—
Oasis Church Sjc
Lakeview Assembly
Quit Claim Deed
—
Nov 14, 2016
—
Lakeview Assembly
Lakeview Assembly
Intrafamily Transfer
related
$1,000,000 · Community Business Bank
Jan 22, 2016
$2,000,000
Lakeview Assembly
Phoenix Properties
Grant Deed
$1,850,000 · Private Individual
Apr 15, 2005
—
Phoenix Properties
Hammer LLC
Grant Deed
$3,000,000 · Wells Fargo Bank NA
Dec 4, 2003
—
Hammer LLC
Copelands Properties LLC
Grant Deed
$3,375,000 · Redwood Mortgage Investors Vii
May 7, 1998
—
Copelands Properties LLC
Copelands Investments Partners
Quit Claim Deed
related
—
Apr 13, 1990
—
Copelands Investments Ptp
—
Deed Of Trust
related
—
—
—
Coplelands Properties LLC
—
Deed Of Trust
related
$20,000,000 · Bank Of America
—
—
Copelands Inv Pa
—
Deed Of Trust
related
$18,300,000 · Wells Fargo Bank
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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