Mixed-Use Building Across from Salvation
For Sale
$645,000
533 Hutchins Street, Lodi, CA 95240
Zoned MU commercial building with storefront, office, and residential flexibility across from The Salvation Army in Lodi.
Property Size3,000 SF
Price / SF$215
Days on Market463
Property Features for 533 Hutchins Street
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Mixed Use
Zoning
MU
Amenities
3
Community Commercial
Public.
Building Details
Year Built
1948
Listing Agency:
Fathom Realty Group, Inc.
6014371
Listed By:
James Takahashi
6014371
Source:
Xome
Added: May 3, 2025
Changed: Aug 8
Last Checked: Aug 8 at 4:30AM
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 Fathom Realty Group, Inc.
Investment Insights
Based on property information with market context.
For sale: a mixed-use commercial building located at 533 N Hutchins Street in Lodi, CA. The property is approximately 3,000 square feet and is positioned as a flexible mixed-use site under MU zoning, with potential to accommodate retail, office, residential, or a combination of those uses.
According to the remarks, the building sits directly across the street from The Salvation Army and is within walking distance of Downtown Lodi. The surrounding area is described as having shops, restaurants, and community attractions, contributing to consistent day-to-day activity and visibility.
The listing also emphasizes easy access to major thoroughfares and strong visibility from the street.
According to the remarks, the building sits directly across the street from The Salvation Army and is within walking distance of Downtown Lodi. The surrounding area is described as having shops, restaurants, and community attractions, contributing to consistent day-to-day activity and visibility.
The listing also emphasizes easy access to major thoroughfares and strong visibility from the street.
Key Highlights
- Zoned Community Commercial (Mixed Use/MU per remarks), offering storefront, office, and residential flexibility
- Located directly across the street from The Salvation Army
- Within walking distance to Downtown Lodi shops, restaurants, and community attractions
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,020
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$680,400
$680.4K
Cap Rate 7%
$486,000
$486.0K
Cap Rate 9%
$378,000
$378.0K
Market Conditions
NOI Build-Up for 3,000 SF
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.
Gross rent
$54.0K $18.00/SF
− Vacancy
−$5.4K −$1.80/SF
EGI
$48.6K $16.20/SF
− OpEx
−$14.6K −$4.86/SF
NOI
$34.0K $11.34/SF
Area
San Joaquin County, CA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$680,400
Cap Rate 7%
$486,000
Cap Rate 9%
$378,000
Alternative Uses
Best Use
Retail
$486.0K
$425.3K – $567.0K
NOI $34,020 @ 7.0% cap · market cap 5.27%
Second Best
Mixed Use
$388.6K
$340.0K – $453.4K
NOI $27,203 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$658.8K
$576.5K – $768.6K
NOI $46,116 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 80%
Electronics 20%
Rent A Center
Home Improvements & Furnishings
3,433 visits/mo
0.5 miles
Metro by T-Mobile
Electronics
839 visits/mo
0.4 miles
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Zoned MU commercial building with storefront, office, and residential flexibility across from The Salvation Army in Lodi.
Where is this mixed-use property located?
The property is located at 533 Hutchins Street Lodi, CA.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Zoned Community Commercial (Mixed Use/MU per remarks), offering storefront, office, and residential flexibility; Located directly across the street from The Salvation Army; Within walking distance to Downtown Lodi shops, restaurants, and community attractions
