213 Kelly St Lodi, CA 95240-3107
Property profile & analytics
213 Kelly St Lodi, CA 95240-3107
- Warehouses
- 16,680 SF
- 0.76 lot acres
Property ID
US09-0163228
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Heartland Steel Products / Building Supply / General Contractor
Property Details for 213 Kelly St
- Year built
- 1957
- Lot size
- 0.76 lot acres
- Property size
- 16,680 SF
- Zone code
- 62
- Property type
- Warehouses
- APN
- 049-060-090-000
- APU
- 49060090000
Description
This exceptional investment opportunity presents a fully-leased, 120,255-square-foot industrial warehouse complex in Lodi, California. Situated on approximately 10 acres and strategically located in the heart of Lodi's thriving industrial market, the property enjoys immediate access to Highway 99. The complex comprises five main manufacturing buildings, currently 100% leased to Heartland Steel, a subsidiary of Heartland Steel Products, LLC, under a modified net lease extending to December 31, 2035. The tenant, Spacerak, a manufacturer of storage rack systems, utilizes the property as its sole West Coast manufacturing facility. Lodi's industrial market is exceptionally tight, with a vacancy rate consistently below 2%, serving the local wine, agriculture, manufacturing, and distribution sectors. The property offers a compelling 7.02% cap rate and an asking price of $15,200,000. Building features include packaged rooftop HVAC units at 213 Kelly Street, with wall-mounted units in other buildings' office areas (including new office HVAC). Roof types vary: low-slope white roof coating over a built-up roof (BUR) at 213 Kelly Street, and pitched corrugated metal deck roofs on the remaining buildings. This presents a rare opportunity to acquire a stable, high-performing industrial asset in a robust market. The property consists of four separate legal parcels.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $831,000
Market price range: $297k - $1.25M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,040,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lodi
- County
- San Joaquin
- State
- California
- Longitude
- -121.256
- Latitude
- 38.1319
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$13,589
$164,045
$1,093,645
$1,257,690
-
$0.00
$0.00
$0.00
