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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

401 Cherokee Ln Lodi, CA 95240-4231

1,311 SF 0.32 ac lot
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-2246219
Property summary
AI-generated overview

This exceptional business opportunity presents a chance to acquire a well-established convenience store in Lodi, California. Situated on a prominent corner lot on one of Lodi's busiest streets, this store benefits from high visibility and significant pedestrian and vehicle traffic. The 0.32-acre property boasts ample parking for customer convenience. Inside, the store features essential amenities including spacious walk-in coolers, dedicated regional coolers, and a full-service lottery station. The diverse inventory includes popular items such as BBQ hot food, a selection of wines, groceries, tobacco products, and much more, catering to a broad customer base. The store's location within a densely populated residential area ensures a consistent flow of customers. This turnkey operation offers immediate income generation and significant potential for future growth, making it an attractive investment for a savvy entrepreneur seeking a profitable business venture in a thriving community. The established customer base and prime location provide a solid foundation for continued success and expansion. This is a rare opportunity to own a profitable business with proven performance in a desirable market.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Total area 1,311 SF
Lot 0.32 ac (14,000 SF)
Zoning code 98
APN 047-354-150-000
UPID US09-2246219
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
  • Western Union Bank Credit Union
  • Shop & Save Market Grocery & Convenience Store
  • Jackpot Smoke Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ahmed Almolaiki Abdo · 3 yrs held
Ahmed Almolaiki Abdo
since 2022
Last sale
$799,000
7 recorded transactions
2022
$799,000
2022
Price N/A
2014
Price N/A
2009
Price N/A
2002
Price N/A
1997
Price N/A
1993
$175,000
Zoning & alternative use
98 · Lodi, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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