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Automotive Repair Facility with Offices
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1017 N Maple Ave, Fresno, CA 93702

Turnkey licensed auto repair operations on multiple buildings with heavy power, abundant roll-up doors, and fully paved yard.

Property Size20,080 SF
Price / SF$124.25
Days on Market61

Property Features for 1017 N Maple Ave

General Information

Standard status Active
Size 20,080 SF
Property subtype Retail, Office, Industrial
Zoning IL: Light Industrial
Investment Type Owner/User

Building Details

Buildings 4
Units 4
Listing Agency: C21 Commercial
Listed By: Jared Ennis · License #CA
Source: Crexi
Added: Jun 11 Changed: Aug 8 Last Checked: Aug 9 at 5:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of C21 Commercial

Investment Insights

Based on property information with market context.

This property is an existing, operational, licensed automotive repair facility set on 2 contiguous parcels, with four buildings totaling approximately 20,080 SF. The warehouse and shop spaces are served by plentiful oversized roll-up doors, fire sprinklers, and operational swamp coolers. Several areas include newer LED lighting, skylights, and fully insulated warehouse improvements. Clear heights range up to 14-18’ and eave heights extend to 18’. Office space is distributed across the site, including a main office on the east parcel and additional corner/secondary offices, supporting flexible workflow across shop and administrative functions. The property also includes multiple existing separate electrical meters providing heavy 3-phase power, and the seller indicates existing tools and equipment may be included.

The site features a fully paved, wrap-around yard with semi access and is configured to support vehicle movement and service operations. The east parcel includes a 6,900 SF main shop with an attached 1,135 SF office, plus two corner buildings with a 450 SF office and 4,050 SF warehouse. The west parcel includes a 6,600 SF north main shop with a 2,220 SF office, and a 2,080 SF south warehouse with an 8’ x 40’ overhang.

For industrial and automotive-related operators, the combination of shop-ready clear heights, insulated warehouse space, and heavy electrical service can support both repair work and facility administration under one ownership structure. The property is offered as an efficient alternative to ground-up construction, with improvements already in place and functioning as a licensed repair facility. Flexible heavy industrial zoning is cited as allowing many uses within a centrally located industrial area near Fresno Yosemite International Airport and major access routes to I-5 via CA-180 and CA-99.

Key Highlights

  • Operational, licensed automotive repair facility on 2 contiguous parcels
  • 4 buildings totaling 20,080 SF on 1.42 AC with fully paved wrap‑around yard
  • 20,080 SF includes 16,275 SF warehouse and 3,805 SF office space

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
$179,151
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
7.18%
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%
$3,583,020 $3.6M
Cap Rate 7%
$2,559,300 $2.6M
Cap Rate 9%
$1,990,567 $2.0M
Market Conditions
NOI Build-Up for 20,080 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
$214.5K $10.68/SF
− Vacancy
−$3.7K −$0.18/SF
EGI
$210.8K $10.50/SF
− OpEx
−$31.6K −$1.57/SF
NOI
$179.2K $8.92/SF
Area
ZIP 93702
Vacancy
1.72%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
15.00%
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%
$3,583,020
Cap Rate 7%
$2,559,300
Cap Rate 9%
$1,990,567

Alternative Uses

Best Use
Office B
$3.52M
$3.08M – $4.11M (±1% cap)
NOI $246,683 @ 7.0% cap · market cap 9.89%
Second Best
Warehouse
$2.56M
$2.24M – $2.99M (±1% cap)
NOI $179,151 @ 7.0% cap · market cap 7.18%
Theoretical Best
Office A
$4.90M
$4.29M – $5.72M (±1% cap)
NOI $343,011 @ 7.0% cap · market cap 13.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Skin Care Clinic Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

701
Businesses Nearby
Under-served
Demand for This Use

Demographics for 93702, CA

45,741
Population
13,386
Households
3.4
Avg Household Size
29
Median Age
9%
College-Educated
57%
High-School Grad
5.2 sq mi
ZIP Area
8,796
Density / Sq Mi
$44,849
Median Household Income
$27,486
Median Earnings
$1,110
Median Rent
$211,900
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Similar Off Market Nearby

  • Derrel's Mini Storage 1385 N Maple Ave, Fresno, CA 93703

Frequently Asked Questions

What type of property is this?
Warehouse - Turnkey licensed auto repair operations on multiple buildings with heavy power, abundant roll-up doors, and fully paved yard.
Where is this warehouse located?
The property is located at 1017 N Maple Ave Fresno, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Operational, licensed automotive repair facility on 2 contiguous parcels; 4 buildings totaling 20,080 SF on 1.42 AC with fully paved wrap‑around yard; 20,080 SF includes 16,275 SF warehouse and 3,805 SF office space
(559) 359-4035 Call to check price and availability
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