701 Stockton StLodi, CA 95240

Property Details for 701 Stockton St

Lot size

2.01 AC

Zone code

62

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

041-240-030-000

APU

41240030000

Description

This exceptional value-add opportunity presents a portfolio of six industrial buildings totaling approximately 101,250 square feet situated on 5.59 acres in Lodi, California. The property, comprised of five warehouse buildings and one commercial building, is currently 44% occupied with short-term leases, offering significant upside potential for increased occupancy and rental income. Built in 1940, the buildings are zoned M (Industrial) by the City of Lodi and benefit from a prime location near Highway 99 and Turner Road, providing excellent access to major transportation routes. The asking price is $5,220,000, translating to an attractive price per square foot of $51.56. This distressed sale presents a unique chance to acquire a substantial industrial property with potential for high-density residential redevelopment, given its location and size. The property's APN numbers are 041-240-030 and 041-240-480. This is a rare chance to acquire a significant industrial holding in a growing area, offering both immediate income and long-term development possibilities. The property's strategic location and substantial size make it an ideal investment for owner-users or value-add investors seeking a substantial return. The existing lease agreements provide immediate cash flow, while the vacant space presents a clear path to increase profitability. The potential for residential redevelopment adds another layer of long-term value to this already compelling investment.

• Alternative Use

  Use

  Valuation

  Residential

  $16,859,322

  Hospitality

  $15,443,048

  Educational

  $12,848,435

  Medical

  $13,290,312

  Retail

  $19,986,454

Location Insight

City

Lodi

County

San Joaquin

State

California

Latitude

38.143

Longitude

-121.269

CBSA code

44700

CBSA name

STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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