Auto Body Shop with Paint
For Sale
$499,999
3309 Gautier Vancleave Rd, Gautier, MS 39553
Renovated 3-bay auto body facility on fenced land with office space, multiple baths, and a drive-through paint booth.
Property Size4,483 SF
Lot Size0.57 Acres
Price / SF$111.53
Days on Market30
Property Features for 3309 Gautier Vancleave Rd
General Information
Standard status
Active
Size
4,483 SF
Lot size
0.57 Acres
Property subtype
Retail
Additional Details
Fenced Yard
Yes
Service Bays
3
Building Details
Year Built
1979
Listing Agency:
Coldwell Banker Alfonso Realty
(228) 769-7777
Listed By:
Ricky Sutherland · License #7843
Source:
Commercialcafe
Added: Jul 26
Changed: Aug 22
Last Checked: Aug 18 at 8:42AM
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 Coldwell Banker Alfonso Realty
Investment Insights
Based on property information with market context.
This renovated auto body shop property includes a 3-bay work area with office and client waiting space, along with an employee lounge and one full bath plus two 1/2 baths. Additional storage rooms support daily operations, and an upstairs storage room could be converted into extra office space. The sale includes a drive-through paint booth with side downdraft and tri-fold doors, as well as equipment such as an All Pro 360 Frame Machine and a 70 hp, 120-gallon compressor with after cooler. A full inventory list is available at showings.
The building sits on approximately 0.57 acres of fenced property with paved parking. Equipment and paint booth details are included as described in the remarks.
The building sits on approximately 0.57 acres of fenced property with paved parking. Equipment and paint booth details are included as described in the remarks.
Key Highlights
- Renovated 3‑bay auto body facility (approx. 4,483 SF) built in 1979
- 0.57‑acre fenced property with paved parking and a drive‑through paint booth
- Includes office, client waiting area, and employee lounge, plus extra storage rooms
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
$29,068
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
5.81%
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%
$581,360
$581.4K
Cap Rate 7%
$415,257
$415.3K
Cap Rate 9%
$322,978
$323.0K
Market Conditions
NOI Build-Up for 4,483 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
$44.7K $9.96/SF
− Vacancy
−$3.1K −$0.70/SF
EGI
$41.5K $9.26/SF
− OpEx
−$12.5K −$2.78/SF
NOI
$29.1K $6.48/SF
Area
Jackson County, MS
Vacancy
7.00%
Lease Rate
$9.96 /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%
$581,360
Cap Rate 7%
$415,257
Cap Rate 9%
$322,978
Alternative Uses
Best Use
Retail
$762.4K
$667.1K – $889.4K
NOI $53,366 @ 7.0% cap · market cap 10.67%
Second Best
Industrial
$415.3K
$363.4K – $484.5K
NOI $29,068 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,729 @ 7.0% cap · market cap 17.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Service bays
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
168k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 40%
Apparel 10%
Electronics 1%
McDonald's
Dining
22,657 visits/mo
0.1 miles
Murphy USA
Shops & Services
19,145 visits/mo
0.5 miles
Belk
Apparel
16,244 visits/mo
0.3 miles
Shell
Shops & Services
13,541 visits/mo
0.2 miles
Wendy's
Dining
11,552 visits/mo
0.1 miles
Demographics for 39553, MS
17,032
Population
7,470
Households
2.3
Avg Household Size
40
Median Age
19%
College-Educated
85%
High-School Grad
28.3 sq mi
ZIP Area
602
Density / Sq Mi
$63,091
Median Household Income
$36,758
Median Earnings
$1,070
Median Rent
$154,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Singing River Paint & Body — 3309 Gautier Vancleave Rd, Gautier, MS 39553
- Martin Tire and Auto — 3000 ladnier rd, gautier, ms 39553
- Performance Window Tinting — Gautier Plaza Shopping Center, 2525 US-90, Gautier, MS 39553
- Firestone of Gautier — 3299 Old Spanish Trail, Gautier, MS 39553
- AC Auto Repair — 1813 US-90, Gautier, MS 39553
Frequently Asked Questions
What type of property is this?
Auto shop - Renovated 3-bay auto body facility on fenced land with office space, multiple baths, and a drive-through paint booth.
Where is this auto shop located?
The property is located at 3309 Gautier Vancleave Rd Gautier, MS.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Renovated 3‑bay auto body facility (approx. 4,483 SF) built in 1979; 0.57‑acre fenced property with paved parking and a drive‑through paint booth; Includes office, client waiting area, and employee lounge, plus extra storage rooms
