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Property profile & analytics
OFF-MARKET Estimated value $1,100,000
Theaters & concert halls

1110 Lodi Ave Lodi, CA 95240-3314

9,989 SF 0.51 ac lot Built 1948
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US09-0456026
Property summary
AI-generated overview

This exceptional commercial property in Lodi, California, presents a unique investment opportunity. Located at 1110 W Lodi Ave (APN 033-100-15), this combined corner lot encompasses two parcels, previously occupied by the Sunset Theater and Alexander's Bakery. The property is zoned for theater use and is offered at an asking price of $1,350,000. The Sunset Theater, a concrete structure with a roof (requiring minor repairs), is ready for redevelopment. All hazardous materials have been professionally removed, and the site is fully prepared for construction. Existing infrastructure includes sewer connections, water access, temporary power, drainage to the city system, and underground supply lines, streamlining the building process. Detailed building plans, previously approved by the City of Lodi, are included, along with a lidar scan of the theater prior to demolition. The Sunset Theater's prior approval for addition to the National Register of Historic Places by the United States Park Service offers a potential 20% tax credit for restoration costs, spread over five years. This represents a significant cost savings compared to the cleanup expenses already incurred. This is a rare chance to acquire a build-ready commercial property in a desirable location at a price significantly below the investment in site preparation.

Property profile
Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1948
Total area 9,989 SF
Lot 0.51 ac (22,000 SF)
Zoning code 42
APN 033-100-190-000
UPID US09-0456026
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • sunset theatre Cinema Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.10M
Owner & transaction history
Celestino Aguiar · 1 yrs held
Celestino Aguiar
since 2024
Last sale
$1.1M
7 recorded transactions
2024
$1.1M
2023
Price N/A
2019
$550,000
2011
Price N/A
2011
$300,000
2011
Price N/A
2007
Price N/A
Zoning & alternative use
42 · Lodi, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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