Flex Warehouse with Two
529 N Hutchins St Lodi, CA 95240
529 N Hutchins St, Lodi, CA, 95240
$699,000
For Sale
$699,000
Two flex warehouse units offer front office space, rear storage, split HVAC, and rear garage-door access to fenced parking.
Property Size2,400 SF
Price / SF$291.25
Days on Market16
Property Features for 529 N Hutchins St
General Information
- Standard status
- Active
- Size
- 2,400 SF
Listing agency
PMZ Real Estate
4795096
Listed by
Linda Weeks
4795096
Source
Exprealty
Added: Jul 6 Updated: Jul 21 at 9:07AM Checked: Jul 21 at 9:07AM
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 PMZ Real Estate
Investment Insights
Based on property information with market context.
This for-sale flex warehouse property consists of a 2,400-square-foot building divided into two approximately 1,200-square-foot units. Each unit features a dedicated front office area with warehouse or storage space toward the rear, along with split-system HVAC. Convenient rear access is provided via a rear garage door leading to a fenced parking area. One of the units includes a bathroom.
The building supports deliveries and service operations with easy alley access. Parking is available along the street in front for customers, and there is additional secure, fenced parking behind the building suitable for work trucks, trailers, and equipment storage.
Located at 529 N Hutchins St in Lodi, this configuration is well-suited for an owner-operator plan where one unit can be used while the other can be leased.
The building supports deliveries and service operations with easy alley access. Parking is available along the street in front for customers, and there is additional secure, fenced parking behind the building suitable for work trucks, trailers, and equipment storage.
Located at 529 N Hutchins St in Lodi, this configuration is well-suited for an owner-operator plan where one unit can be used while the other can be leased.
Key Highlights
- 2,400‑SF commercial building divided into two approximately 1,200‑SF units for flexible use
- Each unit has a dedicated front office with warehouse/storage space in the rear
- Split‑system HVAC in both units
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.9k | $17.04 |
| − Vacancy | −$1.2k | −$0.51 |
| EGI | $39.7k | $16.53 |
| − OpEx | −$6.0k | −$2.48 |
| NOI | $33.7k | $14.05 |
2,400 SF · lease $17.04/SF/yr · vacancy 3.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$481.7K
$421.5K – $562.0K
NOI $33,719 @ 7.0% cap · market cap 4.82%
Second Best
Flex RnD
$401.4K
$351.2K – $468.3K
NOI $28,099 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$527.0K
$461.2K – $614.9K
NOI $36,893 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Queen Clean Cleaning ...
Hardware & Home Improvement
Similar For Sale Nearby
Similar Off Market Nearby
- The BoxCart Deli — N Ham Ln, Lodi, CA 95242
- Imran Catering Wala — 315 1/2 E Walnut St, Lodi, CA 95240
FAQs
What type of property is this?
Flex space - Two flex warehouse units offer front office space, rear storage, split HVAC, and rear garage-door access to fenced parking.
Where is this flex space located?
The property is located at 529 N Hutchins St Lodi, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 2,400‑SF commercial building divided into two approximately 1,200‑SF units for flexible use; Each unit has a dedicated front office with warehouse/storage space in the rear; Split‑system HVAC in both units
