Truck Repair
New
For Sale
$3,000,000
1049 S Wilson, Stockton, CA 95205
Automotive service facility with dedicated truck parking and an existing truck-company lease.
Property Size7,000 SF
Price / SF$394.74
Days on Market3
Property Features for 1049 S Wilson
General Information
Standard status
Active
Size
7,000 SF
Property subtype
Commercial
Additional Details
Outdoor Storage
Yes
Amenities
Sidewalk
Street Lights
Building Details
Year Built
2000
Buildings
1
Building Size
7,000 SF
Tenancy
Single
Listing Agency:
HOMEBASED REALTY
9489448
Listed By:
NISHA CHETAL
Source:
Corcoran
Added: Aug 10
Changed: Aug 12
Last Checked: Aug 12 at 4:24AM
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 HOMEBASED REALTY
Investment Insights
Based on property information with market context.
This automotive service property includes a truck repair facility, dedicated parking for trucks, and zoning with verified permitted uses. The improvements date to 2000, and the site is configured for commercial vehicle servicing and related transportation operations.
The property is located in Stockton with access to major transportation routes. It is currently leased to a truck company, providing an established occupancy profile for an owner evaluating an automotive service asset.
The property is located in Stockton with access to major transportation routes. It is currently leased to a truck company, providing an established occupancy profile for an owner evaluating an automotive service asset.
Key Highlights
- Truck repair facility with dedicated truck parking
- Currently leased to a truck company
- 2000 construction year
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
$89,536
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
2.98%
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%
$1,790,720
$1.8M
Cap Rate 7%
$1,279,086
$1.3M
Cap Rate 9%
$994,844
$994.8K
Market Conditions
NOI Build-Up for 7,600 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
$136.8K $18.00/SF
− Vacancy
−$8.9K −$1.17/SF
EGI
$127.9K $16.83/SF
− OpEx
−$38.4K −$5.05/SF
NOI
$89.5K $11.78/SF
Area
ZIP 95205
Vacancy
6.50%
Lease Rate
$18.00 /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%
$1,790,720
Cap Rate 7%
$1,279,086
Cap Rate 9%
$994,844
Alternative Uses
Best Use
Retail
$1.28M
$1.12M – $1.49M
NOI $89,536 @ 7.0% cap · market cap 2.98%
Second Best
Warehouse
$1.22M
$1.07M – $1.43M
NOI $85,582 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$2.02M
$1.76M – $2.35M
NOI $141,178 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
801
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95205, CA
40,720
Population
11,722
Households
3.5
Avg Household Size
30
Median Age
5%
College-Educated
56%
High-School Grad
9.0 sq mi
ZIP Area
4,524
Density / Sq Mi
$58,138
Median Household Income
$32,253
Median Earnings
$1,264
Median Rent
$288,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Victor’s 24 truck and trailer repair — 1835 S B St, Stockton, CA 95206
- Glass Replacement & Supplies — 1725 S, 1725 S El Dorado St, Stockton, CA 95206
- Cali4Nia Auto Repairs — 820 S California St, Stockton, CA 95206
- Linden Tires — 235 Doctor M.L.K. Jr Blvd, Stockton, CA 95206
- Cardoza Automotive Repair LLC — 1315 S Hunter St, Stockton, CA 95206
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive service facility with dedicated truck parking and an existing truck-company lease.
Where is this auto shop located?
The property is located at 1049 S Wilson Stockton, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Truck repair facility with dedicated truck parking; Currently leased to a truck company; 2000 construction year
