1117A Tokay St Lodi, CA 95240
This exceptional 2,160-square-foot medical office condominium is ideally situated in Lodi, California's thriving medical district, just one minute from Adventist Health Lodi Memorial Medical Center. The property, built in 1983, is a single-story Class B building offering high visibility and accessibility due to its location amongst major healthcare providers such as Sutter Health and Lodi Urgent Care. This owner-user investment opportunity is part of a small, two-unit community known for its collaborative and well-maintained environment, eliminating the need for a homeowner's association. The condo boasts ample parking and features five treatment rooms, two private offices, two ADA-compliant restrooms, a lab room, a spacious waiting area, and a welcoming reception area. The layout is highly adaptable, with an estimated 4-foot high crawl space and no interior load-bearing walls, allowing for cost-effective renovations and customization to meet specific needs. Recent upgrades include two new HVAC units, ensuring efficient climate control, and convenient washer and dryer hookups are available. Offered at $499,000, this property presents a rare opportunity for healthcare professionals seeking a functional, low-maintenance, and strategically located practice in a high-demand area. The absence of an HOA provides greater control over maintenance and expenses, making it an attractive long-term investment.
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Tomio T Md Inc Odama Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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