Automotive Shop and Paint
For Sale
$1,250,000
1217 E Yosemite Avenue, Madera, CA 93638
Versatile automotive facility with dedicated drive-in paint booth, shop workspace, and covered rear parking for vehicle storage.
Property Size8,500 SF
Price / SF$147.06
Days on Market102
Property Features for 1217 E Yosemite Avenue
General Information
Standard status
Active
Size
8,500 SF
Property subtype
Commercial
Building Details
Building Size
8,500 SF
Year Built
1976
Listing Agency:
Boyd & Associates
(559) 977-3770
Listed By:
Cherie M Smith · License #01442806
(559) 977-3770
Source:
Coalingamidstaterealty
Added: May 15
Changed: Aug 23
Last Checked: Aug 23 at 10:43AM
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 Boyd & Associates
Investment Insights
Based on property information with market context.
This automotive property includes approximately 8,500 square feet of shop space built for vehicle operations, with a dedicated drive-in paint booth for body work and vehicle painting. Supporting the work, the facility offers a functional layout with ample workspace and storage, along with vehicle access designed to support automotive production and service workflows. In addition, there is approximately 644 square feet of office space for customer reception, administrative tasks, or on-site management.
The property is located at 1217 E Yosemite in Madera, California. For vehicle staging and covered storage, the rear of the facility provides 5 covered parking bays, giving operators protected space for customer vehicles or equipment associated with day-to-day work.
With shop space, on-site office use, and specialized paint capability, the building is well suited to auto repair, collision work, restoration, paint services, or fleet-related automotive operations. It also fits an owner-user looking for a ready-to-operate automotive setup, combining production space with practical support areas for business administration.
The property is located at 1217 E Yosemite in Madera, California. For vehicle staging and covered storage, the rear of the facility provides 5 covered parking bays, giving operators protected space for customer vehicles or equipment associated with day-to-day work.
With shop space, on-site office use, and specialized paint capability, the building is well suited to auto repair, collision work, restoration, paint services, or fleet-related automotive operations. It also fits an owner-user looking for a ready-to-operate automotive setup, combining production space with practical support areas for business administration.
Key Highlights
- Approximately 8,500 sq. ft. of shop space designed for automotive operations and vehicle access
- Dedicated drive‑in paint booth/building for body work and vehicle painting
- Approximately 644 sq. ft. of office space for administration, reception, or management
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
$109,076
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
8.73%
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%
$2,181,520
$2.2M
Cap Rate 7%
$1,558,229
$1.6M
Cap Rate 9%
$1,211,956
$1.2M
Market Conditions
NOI Build-Up for 8,500 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
$157.1K $18.48/SF
− Vacancy
−$1.3K −$0.15/SF
EGI
$155.8K $18.33/SF
− OpEx
−$46.7K −$5.50/SF
NOI
$109.1K $12.83/SF
Area
Madera County, CA
Vacancy
0.80%
Lease Rate
$18.48 /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%
$2,181,520
Cap Rate 7%
$1,558,229
Cap Rate 9%
$1,211,956
Alternative Uses
Best Use
Retail
$2.48M
$2.17M – $2.90M
NOI $173,712 @ 7.0% cap · market cap 13.90%
Second Best
Industrial
$1.56M
$1.36M – $1.82M
NOI $109,076 @ 7.0% cap · market cap 8.73%
Theoretical Best
Office A
$3.29M
$2.88M – $3.84M
NOI $230,262 @ 7.0% cap · market cap 18.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
124k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 35%
Electronics 1%
McDonald's
Dining
27,048 visits/mo
0.2 miles
Dollar Tree
Shops & Services
20,578 visits/mo
0.3 miles
Jack in the Box
Dining
16,781 visits/mo
0.4 miles
Family Dollar
Shops & Services
13,444 visits/mo
0.3 miles
Starbucks
Dining
11,979 visits/mo
0.3 miles
Demographics for 93638, CA
51,106
Population
12,821
Households
4
Avg Household Size
29
Median Age
8%
College-Educated
56%
High-School Grad
90.3 sq mi
ZIP Area
566
Density / Sq Mi
$60,031
Median Household Income
$28,544
Median Earnings
$1,218
Median Rent
$291,500
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
- HI-TECH AUTOMOTIVE — 128 N Gateway Dr STE C, Madera, CA 93637
- OilStop Drive Thru Oil Change — 212 N Gateway Dr, Madera, CA 93637
- Central Allied Glass — Madera, CA 93637
- 1st class auto repair — 200 N Gateway Dr, Madera, CA 93637
- Valley Smog & Repair — 225 N Gateway Dr, Madera, CA 93637
Frequently Asked Questions
What type of property is this?
Auto shop - Versatile automotive facility with dedicated drive-in paint booth, shop workspace, and covered rear parking for vehicle storage.
Where is this auto shop located?
The property is located at 1217 E Yosemite Avenue Madera, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approximately 8,500 sq. ft. of shop space designed for automotive operations and vehicle access; Dedicated drive‑in paint booth/building for body work and vehicle painting; Approximately 644 sq. ft. of office space for administration, reception, or management
