1 Cherokee LnLodi, CA 95240

  • Retail properties
  • 830 SF
For Sale
$950,000 View listing

Property Details for 1 Cherokee Ln

Year built
1972
Lot size
0.32 AC
Property size (Sq ft)
830 SF
Zone code
45
Property type
Retail properties
Property subtype
Other 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.

1 Cherokee Ln, Lodi, California

Location Insight

City
Lodi
County
San Joaquin
State
California
Latitude
38.1343
Longitude
-121.261
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
$4,824
$145,818
$299,692
$445,510
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