Upgraded Office Condominium
For Sale
Contact for pricing
1930 Tienda Drive Suite 201, Lodi, CA 95242
Office condominium suite with built-in reception, multiple offices, an enclosed break area, and an interior ADA restroom with shower.
Property Size1,200 SF
Price / SF$387.50
Days on Market99
Property Features for 1930 Tienda Drive Suite 201
General Information
Standard status
Active
Size
1,200 SF
Class
A
Property subtype
Office
Zoning
MCO (mixed use corridor)
Building Details
Year Built
2005
Listing Agency:
CBRE - Central Valley
Listed By:
Steve White · License #CA 01781200
(209) 476-2906
Source:
Crexi
Added: Jul 22
Changed: Oct 25
Last Checked: Oct 26 at 2:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Central Valley
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
1930 Tienda Drive Suite 201 is an office condominium located within Millsbridge Office Park. The suite features an intentional, functional buildout with a built-in reception desk, two large offices (one suitable for a conference room), two storage closets, and an open file-preparation area with a modular island that could be removed to accommodate workstations. Suite 201 also includes a large enclosed break area and an interior ADA restroom with a shower.
The property offers convenient access from both Mills Ave and Tienda Drive and is positioned just off the signalized intersection of Mills Ave & Kettleman Lane. The office park setting includes ample parking and well-maintained landscaping.
The suite’s upgraded finishes include a stacked-stone accent wall in the reception area, bamboo floors, Mahogany cabinetry, travertine tile in the restroom and shower, granite countertops in the file area and breakroom, and frosted glass walls and doors for the offices and conference room.
The property offers convenient access from both Mills Ave and Tienda Drive and is positioned just off the signalized intersection of Mills Ave & Kettleman Lane. The office park setting includes ample parking and well-maintained landscaping.
The suite’s upgraded finishes include a stacked-stone accent wall in the reception area, bamboo floors, Mahogany cabinetry, travertine tile in the restroom and shower, granite countertops in the file area and breakroom, and frosted glass walls and doors for the offices and conference room.
Key Highlights
- Office condominium suite built in 2005 within Millsbridge Office Park
- Suite 201 includes a built‑in reception desk plus two large offices, with one suitable for a conference room
- Enclosed break area with granite countertops and a modular island for file preparation (removable for workstations)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,608
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,160
$272.2K
Cap Rate 7%
$194,400
$194.4K
Cap Rate 9%
$151,200
$151.2K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$21.6K $18.00/SF
− Vacancy
−$3.5K −$2.88/SF
EGI
$18.1K $15.12/SF
− OpEx
−$4.5K −$3.78/SF
NOI
$13.6K $11.34/SF
Area
San Joaquin County, CA
Vacancy
16.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,160
Cap Rate 7%
$194,400
Cap Rate 9%
$151,200
Alternative Uses
Best Use
Office B
$194.4K
$170.1K – $226.8K
NOI $13,608 @ 7.0% cap · market cap 2.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$263.5K
$230.6K – $307.4K
NOI $18,446 @ 7.0% cap · market cap 3.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,397
Businesses Nearby
Explore this area
Business Placement
Demographics for 95242, CA
27,341
Population
11,190
Households
2.4
Avg Household Size
42
Median Age
32%
College-Educated
92%
High-School Grad
90.9 sq mi
ZIP Area
301
Density / Sq Mi
$99,709
Median Household Income
$49,530
Median Earnings
$1,925
Median Rent
$549,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Office condominium suite with built-in reception, multiple offices, an enclosed break area, and an interior ADA restroom with shower.
Where is this office unit located?
The property is located at 1930 Tienda Drive Suite 201 Lodi, CA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Office condominium suite built in 2005 within Millsbridge Office Park; Suite 201 includes a built‑in reception desk plus two large offices, with one suitable for a conference room; Enclosed break area with granite countertops and a modular island for file preparation (removable for workstations)
