Historic Church Property in
For Sale
$3,000,000
345 E Elm St, Lodi, CA 95240
Unique 20,613 sq ft church with versatile space.
Property Size20,613 SF
Price / SF$145.54
Days on Market206
Property Features for 345 E Elm St
General Information
Standard status
Active
Size
20,613 SF
Property subtype
Commercial
Building Details
Year Built
1921
Listing Agency:
Real Brokerage Technologies, Inc.
Listed By:
Cindy L. Borgerding · License #01941267
(209) 304-0952
Source:
Sacramentoareahouses
Added: Mar 17
Changed: Oct 1
Last Checked: Oct 7 at 12:21PM
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 Real Brokerage Technologies, Inc.
Investment Insights
Based on property information with market context.
This historic church property, originally built in 1921, is situated on three lots in Lodi and offers approximately 20,613 sq ft of space. The main sanctuary, encompassing approximately 4,640 square feet, features soaring ceilings, classic brick construction, and stained glass windows. An elevated balcony, formerly the choir area, adds to the building's character. The property includes an annex building with a smaller chapel, classrooms, bathrooms, and a large kitchen with an adjoining fellowship hall. A full basement provides ample storage space. The property offers potential for restoration, repurposing, or continued use as a place of assembly. Some deferred maintenance is present.
Key Highlights
- Expansive 20,613 sq ft property on three lots, offering versatile space.
- Historic 1921 church with unique architectural details and classic brick construction.
- Stunning 4,640 sq ft main sanctuary featuring stained glass windows and an elevated balcony.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$186,908
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,738,160
$3.7M
Cap Rate 7%
$2,670,114
$2.7M
Cap Rate 9%
$2,076,756
$2.1M
Market Conditions
NOI Build-Up for 20,613 SF
Gross rent
$321.6K $15.60/SF
− Vacancy
−$22.5K −$1.09/SF
EGI
$299.1K $14.51/SF
− OpEx
−$112.1K −$5.44/SF
NOI
$186.9K $9.07/SF
Area
San Joaquin County, CA
Vacancy
7.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,738,160
Cap Rate 7%
$2,670,114
Cap Rate 9%
$2,076,756
Alternative Uses
Best Use
Mixed Use
$2.67M
$2.34M – $3.12M
NOI $186,908 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.53M
$3.96M – $5.28M
NOI $316,863 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,785
Businesses Nearby
Explore this area
Business Placement
Demographics for 95240, CA
49,102
Population
17,304
Households
2.8
Avg Household Size
35
Median Age
18%
College-Educated
76%
High-School Grad
68.2 sq mi
ZIP Area
720
Density / Sq Mi
$76,870
Median Household Income
$38,359
Median Earnings
$1,439
Median Rent
$443,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Church & religious facility - Unique 20,613 sq ft church with versatile space.
Where is this church & religious facility located?
The property is located at 345 E Elm St Lodi, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Expansive 20,613 sq ft property on three lots, offering versatile space.; Historic 1921 church with unique architectural details and classic brick construction.; Stunning 4,640 sq ft main sanctuary featuring stained glass windows and an elevated balcony.
