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Property profile & analytics
OFF-MARKET
Estimated value
$2,305,000
Medical Office Space
89 March Ln Stockton, CA 95207-5740
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US09-1301270
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Total area
10,390 SF
Lot
0.34 ac (14,810 SF)
Zoning code
CR
APN
102-220-100-000
UPID
US09-1301270
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
-
Natsuhara Karen Medical Clinic
-
Pediatric Associates-Stockton: Steven L. Billigmeier, MD Pediatrician Medical Clinic
-
Cahill Carol Teng MD Pediatrician Medical Clinic
-
Pediatric Associates of Stockton Pediatrician Medical Clinic
-
Dr. Linda Sakimura Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.56M
Comparable Approach
Comparable
$2.81M
Blend (final)
Blend
$2.31M
Owner & transaction history
Bcs Properties LLC · 23 yrs held
Bcs Properties LLC
since 2002
5 recorded transactions
Zoning & alternative use
CR · Stockton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.0M
+15.4%
Apartment house (5+ units)
$2.9M
+11.3%
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%
$2,770,000
6.5%
$2,555,000
7%
$2,370,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,565,000
Current use
RESTAURANT
$2,960,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,855,000
Change: +11% · Conversion: Moderate
OFFICE BUILDING
$2,105,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$2.31M
Range $2.07M – $2.54M · ±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
$222 / 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
$25,634
Tax year 2024
Assessed value
$2,090,030
Assessed 2024
Previous assessed
$2,090,030
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$283,969
Assessed improvement
$1,806,061
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2003
Heating
NONE
Stories
1
Total area
10,390 SF
Lot
0.34 ac (14,810 SF)
Zoning code
CR
APN
102-220-100-000
UPID
US09-1301270
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
CR · Stockton, CAZoning CR · permitted uses
CR · Stockton, CA
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
MEDICAL BUILDING Current
Est. value
$2.6M
RESTAURANT
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.1M
MEDICAL BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE 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
2003
Heating
NONE
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Bcs Properties LLC
Entity
Mailing address
89 W MARCH LN STE #1, STOCKTON, CA 95207-5721
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2002
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
Dec 27, 2002
—
Bcs Properties LLC
Weberstown Professional Office
Grant Deed
$1,665,000 · Cort Tower
—
—
Weberston Trust
—
Deed Of Trust
related
$8,500 · Community Bank San Joaquin
—
—
Bcs Properties LLC
—
Deed Of Trust
related
$925,000 · Union Safe Deposit Bank
—
—
Weberstown Professional Office
—
Deed Of Trust
related
$237,250 · Community Bank San Joaquin
—
—
Bcs Properties LLC
—
Deed Of Trust
related
$763,000 · Tracy & San Joaquin Cnty Certi
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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