Mixed-Use Gas Station
For Sale
$395,000
1060 N GOLDEN STATE Boulevard, Turlock, CA 95380
Mixed-use zoning and electric wall-unit heating support a flexible commercial property profile.
Property Size676 SF
Days on Market46
Property Features for 1060 N GOLDEN STATE Boulevard
General Information
Standard status
Active
Size
676 SF
Zoning
Mixed use
Amenities
Other
Wall Unit(s)
Electric
Building Details
Building Size
676 SF
Year Built
1952
Listing Agency:
(209) 622-6053
Listed By:
Jaime V. Bedoy
(209) 622-6053
Source:
Evrealestate
Added: Jul 17
Changed: Aug 30
Last Checked: Aug 30 at 7:25PM
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 Jaime V. Bedoy
Investment Insights
Based on property information with market context.
This gas station property is located at 1060 N Golden State Boulevard in Turlock, California. The site carries mixed-use zoning and includes electric wall-unit heating. Built in 1952, the property is positioned along Golden State Boulevard with access from Fulkerth Road.
Key Highlights
- Mixed‑use zoning
- Located at 1060 N Golden State Boulevard, Turlock, CA 95380
- Built in 1952
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
$15,790
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
4.00%
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%
$315,800
$315.8K
Cap Rate 7%
$225,571
$225.6K
Cap Rate 9%
$175,444
$175.4K
Market Conditions
NOI Build-Up for 676 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
$25.1K $37.20/SF
− Vacancy
−$2.6K −$3.83/SF
EGI
$22.6K $33.37/SF
− OpEx
−$6.8K −$10.01/SF
NOI
$15.8K $23.36/SF
Area
Stanislaus County, CA
Vacancy
10.30%
Lease Rate
$37.20 /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%
$315,800
Cap Rate 7%
$225,571
Cap Rate 9%
$175,444
Alternative Uses
Best Use
Retail
$225.6K
$197.4K – $263.2K
NOI $15,790 @ 7.0% cap · market cap 4.00%
Second Best
Specialty Retail
$149.9K
$131.1K – $174.9K
NOI $10,491 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$314.2K
$274.9K – $366.6K
NOI $21,994 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
951
Businesses Nearby
Explore this area
Business Placement
Demographics for 95380, CA
42,912
Population
15,682
Households
2.7
Avg Household Size
34
Median Age
18%
College-Educated
73%
High-School Grad
77.2 sq mi
ZIP Area
556
Density / Sq Mi
$68,308
Median Household Income
$39,002
Median Earnings
$1,348
Median Rent
$410,300
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.
Frequently Asked Questions
What type of property is this?
Gas station - Mixed-use zoning and electric wall-unit heating support a flexible commercial property profile.
Where is this gas station located?
The property is located at 1060 N GOLDEN STATE Boulevard Turlock, CA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Mixed‑use zoning; Located at 1060 N Golden State Boulevard, Turlock, CA 95380; Built in 1952
