5440 Harney LnLodi, CA 95240
- Office properties
- 5,498 SF
Property Details for 5440 Harney Ln
- Year built
- 1978
- Lot size
- 1.01 AC
- Property size (Sq ft)
- 5,498 SF
- Zone code
- N
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 061-060-230-000
- APU
- 61060230000
Description
This exceptional 5,498-square-foot freestanding office building presents a unique investment opportunity in Lodi, California. Situated on a spacious 1.01-acre lot, this property is ideally located just minutes from the conveniences of the Reynolds Ranch shopping center. The building's versatile layout includes numerous private offices, providing ample space for individual work or team collaboration. Multiple conference rooms facilitate productive meetings and presentations, while dedicated supply rooms and a comfortable break room enhance employee convenience. Two restrooms, each with multiple stalls, cater to a larger workforce. The property also boasts a dedicated parking lot with 17 spaces, ensuring convenient parking for employees and visitors. Currently leased on a month-to-month basis, this presents flexibility for future use. It's important to note that the property is zoned for agricultural use, requiring any future business operations to have an agricultural component. Water and gas services are shared with the adjacent parcel. Access for showings is limited to the tenant's business hours to avoid disruption. This property offers a compelling blend of location, size, and functionality, making it an attractive prospect for a variety of agricultural-related businesses. The existing lease provides immediate income potential, while the substantial size and versatile layout offer significant long-term growth opportunities.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $924,920
- 6.5%
- $853,773
- 7%
- $792,789
-
Comparable approach
- Method
- Valuation
- Relative Method
- $785,004
- Geo Method
- $785,004
-
Alternative Use
- Use
- Valuation
- Residential
- $1,058,678
- Hospitality
- $969,743
- Educational
- $806,815
- Medical
- $834,563
- Retail
- $1,255,046
Location Insight
- City
- Lodi
- County
- San Joaquin
- State
- California
- Latitude
- 38.101
- Longitude
- -121.249
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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].