209 E Highway 12, Lodi, CA 95242, Lodi, 95242 - 2 bed, 1 bath
ACTIVE$1,600,000$846/sqft
209 E Highway 12, Lodi, CA 95242
2Beds
1Bath
846Sqft
186,001Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 186001, living area = 846.
Top Cons:
Current Residential Zoning: The property is currently zoned as residential, necessitating a formal rezoning process for commercial development, which can involve time and regulatory hurdles.
Compared to the nearby listings
Price:$1.60M vs avg $535.0K (+$1,065,000)98%
Size:846 sqft vs avg 1,713 sqft4%
Price/sqft:$1.9K vs avg $31599%
More Insights
Built in 1915 (111 years old).
Condition: The property was built in 1915, making it over 100 years old. The listing description and property analysis explicitly state that the existing home and barn are 'likely obsolete for commercial purposes, requiring demolition or extensive renovation.' This indicates the structures are beyond repair for modern use, and the property's value is based solely on the land for redevelopment. No interior images are provided, but given the age and the explicit mention of obsolescence and likely demolition, the kitchen, bathroom, and overall interior condition are presumed to be unlivable or in extremely poor shape.
Year Built
1915
Close
-
List price
$1.6M
Original List price
-
Price/Sqft
$1,891
HOA
$0
Days on market
-
Sold On
-
MLS number
224064872
Home ConditionTear down
Features
View-
About this home
Looking for a hotel site? The City of Lodi is currently working on annexing this property into the City. Planned use is commercial, so there are tremendous opportunities for this parcel. Lowes, Chili's and In-N-Out is two parcels to the East! Walmart Super Center is kitty corner. This annexation is sure to be Lodi's next commercial expansion. Get in front of it! If you want to be 1 parcel away from the development, consider buying the adjacent 4.27+/- acres that the Seller has for sale. Yes, a total of 8.54+/- acres are available for your project. Rent out the home and barn while your plans are approved. *Pre-approval and proof of funds must be submitted prior to tours.
J
Joseph Petersen
Listing Agent
Condition Rating
Tear down
The property was built in 1915, making it over 100 years old. The listing description and property analysis explicitly state that the existing home and barn are 'likely obsolete for commercial purposes, requiring demolition or extensive renovation.' This indicates the structures are beyond repair for modern use, and the property's value is based solely on the land for redevelopment. No interior images are provided, but given the age and the explicit mention of obsolescence and likely demolition, the kitchen, bathroom, and overall interior condition are presumed to be unlivable or in extremely poor shape.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 186001, living area = 846.
Prime Commercial Location: Strategically located near major retailers (Lowes, Chili's, In-N-Out, Walmart Super Center) with high visibility on Highway 12, ensuring strong commercial traffic and exposure.
High Commercial Development Potential: The property is explicitly designated for future commercial use by the City of Lodi, offering tremendous opportunities for various commercial ventures.
Imminent Annexation & Rezoning: The City of Lodi is actively working on annexing this parcel, paving the way for commercial zoning and facilitating future development.
Substantial Lot Size: A generous 4.27+/- acre lot provides ample space for large-scale commercial construction and associated infrastructure.
Scalable Development Opportunity: The availability of an adjacent 4.27+/- acre parcel from the same seller allows for a combined 8.54+/- acre development, significantly expanding project scope.
Cons
Current Residential Zoning: The property is currently zoned as residential, necessitating a formal rezoning process for commercial development, which can involve time and regulatory hurdles.
Age and Condition of Existing Structures: The 1915-built home and barn are likely obsolete for commercial purposes, requiring demolition or extensive renovation, adding to development costs.
Development Process Uncertainty: Commercial development is contingent on city annexation and planning approvals, which can be a lengthy, complex, and potentially uncertain process.