Flex Space Condo with
For Sale
$250,000
7746 Lorraine Ave Unit 212, Stockton, CA 95210
A private restroom and established commercial setting support office, warehouse, contractor, distribution, and service operations.
Property Size1,124 SF
Price / SF$222.42
Days on Market177
Property Features for 7746 Lorraine Ave Unit 212
General Information
Standard status
Active
Size
1,124 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Amenities
private restroom
Building Details
Year Built
1985
Listing Agency:
PMZ Real Estate
(209) 761-1395
Listed By:
Jaskaran S. Kandola · License #01978118
Source:
Sacramentoareahouses
Added: Mar 7
Changed: Aug 28
Last Checked: Aug 30 at 5:50PM
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 approximately 1,124-square-foot flex space condo is located within an established industrial and business complex. Built in 1985, the unit includes a private restroom and can accommodate office, warehouse, contractor, distribution, light industrial, or service-related operations as described for the property.
The property is at 7746 Lorraine Ave Unit 212 in Stockton, just off East Hammer Lane. Highway 99 and Interstate 5 provide regional access, while nearby retail centers, restaurants, business services, and professional and service-oriented businesses contribute to the surrounding commercial setting. The location also offers exposure to daily traffic along Hammer Lane.
The property is at 7746 Lorraine Ave Unit 212 in Stockton, just off East Hammer Lane. Highway 99 and Interstate 5 provide regional access, while nearby retail centers, restaurants, business services, and professional and service-oriented businesses contribute to the surrounding commercial setting. The location also offers exposure to daily traffic along Hammer Lane.
Key Highlights
- Approximately 1,124 square feet of flex space
- Private restroom within the unit
- Built in 1985
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
$13,160
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
5.26%
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%
$263,200
$263.2K
Cap Rate 7%
$188,000
$188.0K
Cap Rate 9%
$146,222
$146.2K
Market Conditions
NOI Build-Up for 1,124 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
$21.3K $18.96/SF
− Vacancy
−$1.1K −$0.95/SF
EGI
$20.2K $18.01/SF
− OpEx
−$7.1K −$6.30/SF
NOI
$13.2K $11.71/SF
Area
ZIP 95210
Vacancy
5.00%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
35.00%
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%
$263,200
Cap Rate 7%
$188,000
Cap Rate 9%
$146,222
Alternative Uses
Best Use
Flex RnD
$188.0K
$164.5K – $219.3K
NOI $13,160 @ 7.0% cap · market cap 5.26%
Second Best
Industrial
$173.1K
$151.5K – $202.0K
NOI $12,118 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$246.8K
$216.0K – $288.0K
NOI $17,278 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
637
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95210, CA
41,378
Population
12,623
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
74%
High-School Grad
7.6 sq mi
ZIP Area
5,444
Density / Sq Mi
$65,411
Median Household Income
$35,658
Median Earnings
$1,450
Median Rent
$336,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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- Firehouse Subs West Lane — 7860 West Ln Ste. B1, Stockton, CA 95210
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Frequently Asked Questions
What type of property is this?
Flex space - A private restroom and established commercial setting support office, warehouse, contractor, distribution, and service operations.
Where is this flex space located?
The property is located at 7746 Lorraine Ave Unit 212 Stockton, CA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Approximately 1,124 square feet of flex space; Private restroom within the unit; Built in 1985
