Mechanic Shop with B-2
New
For Sale
$349,900
401 S 4 AVE, Yuma, AZ 85364
COMMERCIAL - Yuma, AZ
Property Size1,008 SF
Lot Size1,454.34 Acres
Price / SF$347.12
Days on Market1
Property Features for 401 S 4 AVE
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Corner Lot
Subdivision
NE5- NORTH EAST YUMA
Standard status
Active
Lot size
1,454.34 Acres
Taxes and HOA fees
Tax Description
Subdivision: CITY OF YUMA Block: 118 Lot: 12 W 90FT Section: 21 Township: 08S Range: 23W
Legal Description
Subdivision: CITY OF YUMA Block: 118 Lot: 12 W 90FT Section: 21 Township: 08S Range: 23W
Amenities
two bathrooms
Listing Agency:
Exit Realty Yuma
(928) 783-1900
Listed By:
Danielle Pelroy
(928) 580-2159
Added: Aug 15
Last Checked: Aug 15 at 11:06PM
MLS# 20263458
Copyright © 2026 Yuma Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The 1,008-square-foot building is currently configured as a mechanic shop and includes two bathrooms. The property is identified as commercial/light industrial real property with B-2 zoning, providing a defined automotive-oriented configuration within a commercial setting.
Located at 401 S 4 AVE in Yuma, the site is near downtown Yuma and Interstate 8, with frontage along 4th Avenue, a major commercial corridor. Its central position places the property within a well-established part of the city and provides direct access to a prominent local avenue.
Located at 401 S 4 AVE in Yuma, the site is near downtown Yuma and Interstate 8, with frontage along 4th Avenue, a major commercial corridor. Its central position places the property within a well-established part of the city and provides direct access to a prominent local avenue.
Key Highlights
- 1,008 sq ft building configured as a mechanic shop
- Two bathrooms included
- B‑2 zoning for commercial/light industrial real property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,221
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$204,420
$204.4K
Cap Rate 7%
$146,014
$146.0K
Cap Rate 9%
$113,567
$113.6K
Market Conditions
NOI Build-Up for 1,008 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$15.2K $15.12/SF
− Vacancy
−$640 −$0.64/SF
EGI
$14.6K $14.48/SF
− OpEx
−$4.4K −$4.35/SF
NOI
$10.2K $10.14/SF
Area
Yuma County, AZ
Vacancy
4.20%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$204,420
Cap Rate 7%
$146,014
Cap Rate 9%
$113,567
Alternative Uses
Best Use
Retail
$146.0K
$127.8K – $170.4K
NOI $10,221 @ 7.0% cap · market cap 2.92%
Second Best
Industrial
$64.8K
$56.7K – $75.6K
NOI $4,538 @ 7.0% cap · market cap 1.30%
Theoretical Best
Specialty Retail
$517.7K
$453.0K – $604.0K
NOI $36,241 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
113k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 92%
Beauty & Spa 5%
Shops & Services 2%
Apparel 1%
In-N-Out Burger
Dining
59,841 visits/mo
0.5 miles
Starbucks
Dining
19,471 visits/mo
0.4 miles
Black Bear Diner
Dining
16,884 visits/mo
0.4 miles
Five Guys
Dining
8,326 visits/mo
0.5 miles
Sport Clips
Beauty & Spa
5,714 visits/mo
0.4 miles
Demographics for 85364, AZ
73,550
Population
31,867
Households
2.3
Avg Household Size
35
Median Age
17%
College-Educated
77%
High-School Grad
38.4 sq mi
ZIP Area
1,915
Density / Sq Mi
$57,497
Median Household Income
$35,824
Median Earnings
$963
Median Rent
$204,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Morales Auto Glass and Tint LLC — 1275 W 9th St, Yuma, AZ 85364
- Jiffy Lube — 900 S 4th Ave, Yuma, AZ 85364
- Charo's Audio Plus — 948 S 4th Ave, Yuma, AZ 85364
- Frank and Son Glass and Window Tint — 1275 W 9th St, Yuma, AZ 85364
- Tiberius Automotive — 907 S 2nd Ave, Yuma, AZ 85364
Frequently Asked Questions
What type of property is this?
Auto shop - Compact commercial building along 4th Avenue with two bathrooms and an existing automotive service configuration.
Where is this auto shop located?
The property is located at 401 S 4 AVE Yuma, AZ.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 1,008 sq ft building configured as a mechanic shop; Two bathrooms included; B‑2 zoning for commercial/light industrial real property
