401 Cherokee LnLodi, CA 95240

Property Details for 401 Cherokee Ln

Lot size

0.32 AC

Property size (Sq ft)

1,311 SF

Zone code

98

Property type

Grocery and convenience stores

APN

047-354-150-000

APU

47354150000

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $324,205

  6.5%

  $299,266

  7%

  $277,890

• Comparable approach

  Method

  Valuation

  Relative Method

  $471,705

  Geo Method

  $471,705

• Alternative Use

  Use

  Valuation

  Residential

  $252,442

  Hospitality

  $231,236

  Educational

  $192,385

  Medical

  $199,002

  Retail

  $299,266

Location Insight

City

Lodi

County

San Joaquin

State

California

Latitude

38.1297

Longitude

-121.261

CBSA code

44700

CBSA name

STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].