1 Cherokee Ln Lodi, CA 95240
- Automotive properties
- 830 SF
- 0.32 lot acres
Current Use by Public Records
- Automotive properties
Property Details for 1 Cherokee Ln
- Year built
- 1972
- Lot size
- 0.32 lot acres
- Property size
- 830 SF
- Zone code
- 45
- Property type
- Automotive properties
- APN
- 043-170-120-000
- APU
- 43170120000
Description
This exceptional investment opportunity presents a portfolio of four buildings totaling approximately 5,350 square feet situated on two parcels encompassing roughly 10.6 acres. Located at a signalized corner in Lodi, California, at 1 N Cherokee Ln, 95240, this mixed-use property (APN 043-170-11 and 143-170-12) is zoned MCE - Mixed Use Center. The property boasts ample paved parking. Three of the buildings, totaling approximately 4,300 square feet, are currently 100% leased with month-to-month tenants. A separate, vacant 750 square foot corner office space presents immediate potential for increased revenue. The asking price for this Class C property is $950,000, translating to $177.57 per square foot. This property offers a compelling blend of stable income and redevelopment potential in a desirable location. The substantial lot size provides ample room for future expansion or redevelopment, aligning with the mixed-use zoning. This is a rare opportunity to acquire a well-positioned, income-generating property in a thriving California market. Serious inquiries only.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lodi
- County
- San Joaquin
- State
- California
- Longitude
- -121.261
- Latitude
- 38.1343
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA
