Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,775,000
Industrial properties
927 Industrial Way Lodi, CA 95240-3105
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1556353
Property profile
Verified
Property type
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Year built
1999
Total area
19,500 SF
Lot
2.02 ac (87,991 SF)
Zoning code
61
APN
049-160-160-000
UPID
US09-1556353
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
-
Stephanie A. Ponedal-Shelley, RPH Pharmacy
-
Delta Artisan Winery & Distillery Brewery & Distillery Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.70M
Blend (final)
Blend
$2.78M
Owner & transaction history
Real Fight LLC · 2 yrs held
Real Fight LLC
since 2023
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
61 · Lodi, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Medical building
$4.3M
+121.4%
Auto repair, garage
$3.0M
+57.2%
Industrial (general)
$2.5M
+30.0%
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 Lodi submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lodi 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
$2,060,000
ML approach
$2,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MULTI-TENANT INDUSTRIAL BUILDING
$1,925,000
Current use
MEDICAL BUILDING
$4,260,000
Change: +121% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,025,000
Change: +57% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,500,000
Change: +30% · Conversion: Difficult
OFFICE BUILDING
$2,245,000
Change: +17% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,060,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$2.78M
Range $2.50M – $3.05M · ±10% · vs last sale $3.00M (Oct 20 2023)
Last sale anchor
$3.00M
Oct 20 2023
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
$142 / 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
$32,449
Tax year 2024
Assessed value
$3,000,000
Assessed 2024
Previous assessed
$3,000,000
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$900,000
Assessed improvement
$2,100,000
Applied tax rate
1.0000
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
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Status
Off-Market
Year built
1999
Heating
NONE
Stories
1
Total area
19,500 SF
Lot
2.02 ac (87,991 SF)
Zoning code
61
APN
049-160-160-000
UPID
US09-1556353
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
61 · Lodi, CAZoning 61 · permitted uses
61 · Lodi, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
MULTI-TENANT INDUSTRIAL BUILDING Current
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
MULTI-TENANT INDUSTRIAL BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
1999
Heating
NONE
Stories
1
Lot
2.02 ac
Current owner
From public records · entity-resolved
Real Fight LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5251 QUASHNICK RD, STOCKTON, CA 95212-9236
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Oct 20, 2023
$3,000,000
Real Fight LLC
High Water Brewing INC
Grant Deed
—
Apr 27, 2018
$1,500,000
High Water Brewing INC
Fleishhacker 2005 F/tr
Grant Deed
$3,000,000 · Live Oak Bkg
Apr 26, 2018
—
Fleishhacker 2005 Family Trust
Sheffields Properties LLC
Grant Deed
—
Jun 30, 1998
—
Mortimer Fleishhacker
Massie & Co
Grant Deed
$1,130,000 · Union Bank Of California
May 13, 1998
—
Massie & Co
Exchange Intermediary INC
Grant Deed
related
—
Apr 22, 1998
—
Massie & Co
Exchange Intermediary INC
Grant Deed
related
—
Feb 23, 1998
—
Massie & Co
Exchange Intermediary
Grant Deed
related
—
Jan 12, 1998
—
Massie & Co
Exchange Intermediary INC
Grant Deed
related
—
Sep 2, 1997
$240,000
Exchange Intermediary INC
Vaughan Trust
Grant Deed
$240,300 · Individual
Nov 5, 1992
—
Vaughan,cye G JR Tr Etal
—
Deed Of Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 927 Industrial Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
