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Listing Agency: Lee & Associates | Stockton Show Phone

Listed By: Jim Martin, SIOR · License #01214270 Show Phone

Source: Moodyscre

Added: Oct 13 Changed: Oct 15 Last Checked: Oct 15 at 2:09AM

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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 Lee & Associates | Stockton

Investment Insights

Based on property information with market context.

This 12,574-square-foot industrial site is fully fenced and secured, with a yard surfaced in a combination of pavement and compacted gravel. Extensive lighting and three gated entry points support access across the property.

The site has frontage along Hwy 99 and Hwy 12, with access to and from Hwy 99 at the Victor Road/Hwy 12 off-ramp. The stated potential applications include transportation, construction, contracting, equipment maintenance, and sales.

Key Highlights

• 12,574‑square‑foot industrial site
• Frontage along Hwy 99 and Hwy 12
• Access to and from Hwy 99 at the Victor Road/Hwy 12 off‑ramp

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$135,560

Cap Rate

3.43%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,711,200 $2.7M

Cap Rate 7%

$1,936,571 $1.9M

Cap Rate 9%

$1,506,222 $1.5M

Is this asking price fair?

Market Conditions

NOI Build-Up for 12,574 SF

Gross rent

$200.7K $15.96/SF

− Vacancy

−$7.0K −$0.56/SF

EGI

$193.7K $15.40/SF

− OpEx

−$58.1K −$4.62/SF

NOI

$135.6K $10.78/SF

Area

San Joaquin County, CA

Vacancy

3.50%

Lease Rate

$15.96 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,711,200

Cap Rate 7%

$1,936,571

Cap Rate 9%

$1,506,222

Alternative Uses

Best Use

Industrial

$1.94M

$1.69M – $2.26M (±1% cap)

NOI $135,560 @ 7.0% cap · market cap 3.43%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$2.76M

$2.42M – $3.22M (±1% cap)

NOI $193,288 @ 7.0% cap · market cap 4.89%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Deer Creek Rock ... Construction Company B.A.T.S. Traffic Solutions General Contractor City Rise Safety Corporate Office

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Veterinary Clinic Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Fenced yard

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

715

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial property - A fenced, surfaced site offers three gated entrances and yard lighting for industrial operations.

Where is this industrial property located?

The property is located at 686 E Lockeford St Lodi, CA.

What is the asking price?

The asking price for this property is $3,950,000.

What are key features of this property?

This property features: 12,574‑square‑foot industrial site; Frontage along Hwy 99 and Hwy 12; Access to and from Hwy 99 at the Victor Road/Hwy 12 off‑ramp