Auto Repair Shop For
For Sale
$859,000
Pending
10360 State, Lynwood, CA 90262
Auto repair shop with fenced yard, office, and service bays.
Property Size2,880 SF
Days on Market122
Property Features for 10360 State
General Information
Standard status
Pending
Size
2,880 SF
Property subtype
Commercial
Building Details
Building Size
2,880 SF
Year Built
1927
Listing Agency:
MGR Real Estate
(900) 957-9135
Listed By:
Dan Dickson · License #01226387
Source:
Elliman
Added: Apr 24
Changed: Aug 17
Last Checked: Aug 22 at 11:53AM
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 MGR Real Estate
Investment Insights
Based on property information with market context.
This auto repair shop is suitable for owner-users or investors. It features a secure fenced yard, dedicated office space, three service bays, and private owner's quarters. The property is located in an infill site with a loyal customer base and business potential. The location has a walk score of 85, indicating it is very walkable, and a bike score of 58, indicating it is bikeable.
Key Highlights
- Ideal for owner‑users or investors seeking rental income
- Three service bays for efficient auto repair operations
- Secure fenced yard
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
$63,719
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
7.42%
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%
$1,274,380
$1.3M
Cap Rate 7%
$910,271
$910.3K
Cap Rate 9%
$707,989
$708.0K
Market Conditions
NOI Build-Up for 2,880 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
$97.5K $33.84/SF
− Vacancy
−$6.4K −$2.23/SF
EGI
$91.0K $31.61/SF
− OpEx
−$27.3K −$9.48/SF
NOI
$63.7K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /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%
$1,274,380
Cap Rate 7%
$910,271
Cap Rate 9%
$707,989
Alternative Uses
Best Use
Retail
$910.3K
$796.5K – $1.06M
NOI $63,719 @ 7.0% cap · market cap 7.42%
Second Best
Industrial
$480.8K
$420.7K – $560.9K
NOI $33,656 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M
NOI $107,936 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,350
Businesses Nearby
250k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 33%
Groceries 31%
Shops & Services 26%
Home Improvements & Furnishings 7%
Smart & Final
Groceries
46,630 visits/mo
0.4 miles
McDonald's
Dining
34,183 visits/mo
0.4 miles
Superior Grocers
Groceries
31,893 visits/mo
0.3 miles
Wendy's
Dining
17,027 visits/mo
0.4 miles
Harbor Freight Tools
Home Improvements & Furnishings
12,261 visits/mo
0.3 miles
Demographics for 90262, CA
67,099
Population
15,497
Households
4.3
Avg Household Size
32
Median Age
10%
College-Educated
58%
High-School Grad
4.8 sq mi
ZIP Area
13,979
Density / Sq Mi
$70,507
Median Household Income
$32,870
Median Earnings
$1,625
Median Rent
$569,400
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
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Frequently Asked Questions
What type of property is this?
Auto shop - Auto repair shop with fenced yard, office, and service bays.
Where is this auto shop located?
The property is located at 10360 State Lynwood, CA.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: Ideal for owner‑users or investors seeking rental income; Three service bays for efficient auto repair operations; Secure fenced yard
