Thriving Auto Shop on
For Sale
$995,000
1401 W Main Street, Barstow, CA 92311
Fully-equipped auto shop on a 20,000 SF lot.
Property Size6,180 SF
Lot Size0.46 Acres
Price / SF$161
Days on Market151
Property Features for 1401 W Main Street
General Information
Standard status
Active
Size
6,180 SF
Lot size
0.46 Acres
Property subtype
Lots/Land
Listing Agency:
Apartment Building Investments
(818) 605-2626
Listed By:
Baron Castillo · License #00646611
(818) 605-2626
Source:
Exitrealty
Added: Mar 26
Changed: Aug 23
Last Checked: Aug 21 at 8:18PM
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 Apartment Building Investments
Investment Insights
Based on property information with market context.
Available for purchase is an auto shop garage located on the western side of Barstow. The business spans 6,180 square feet and is situated on a 20,000 square feet lot. Positioned on Main Street, it has visibility from both directions. This establishment features three auto lifts and multiple storage rooms. It offers three garage doors, with indoor parking for up to twelve vehicles. The garage doors are oriented eastward, providing shading. Several swamp coolers on the roof ensure ventilation. A fenced-in outdoor parking area provides space for ten vehicles, with an additional eight-vehicle parking area at the front of the building. Inside, a waiting room can seat over fifty customers. Natural light streams in through large windows. The reception area offers a perspective of both the customer waiting room and the manager's office. The manager's office is generously proportioned and features a window that overlooks both the customer waiting area and the reception space. Storage space is available above the manager's office. The building is adorned with several signs, and a freestanding sign graces the front of the property. Situated at the crossroads of Interstate 15 and Interstate 40, Barstow holds a vital role as a transportation hub.
Key Highlights
- Fully‑equipped, turn‑key auto shop garage business opportunity.
- Prime location on Main Street with excellent visibility and signage.
- Spacious 6,180 sq ft building on a 20,000 sq ft lot with ample parking (12 indoor, 18 outdoor).
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
$88,583
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
8.90%
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%
$1,771,660
$1.8M
Cap Rate 7%
$1,265,471
$1.3M
Cap Rate 9%
$984,256
$984.3K
Market Conditions
NOI Build-Up for 6,180 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
$133.5K $21.60/SF
− Vacancy
−$6.9K −$1.12/SF
EGI
$126.5K $20.48/SF
− OpEx
−$38.0K −$6.14/SF
NOI
$88.6K $14.33/SF
Area
San Bernardino County, CA
Vacancy
5.20%
Lease Rate
$21.60 /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%
$1,771,660
Cap Rate 7%
$1,265,471
Cap Rate 9%
$984,256
Alternative Uses
Best Use
Retail
$1.27M
$1.11M – $1.48M
NOI $88,583 @ 7.0% cap · market cap 8.90%
Second Best
Industrial
$725.0K
$634.4K – $845.8K
NOI $50,749 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,251 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92311, CA
34,524
Population
13,707
Households
2.5
Avg Household Size
33
Median Age
11%
College-Educated
84%
High-School Grad
424.4 sq mi
ZIP Area
81
Density / Sq Mi
$59,338
Median Household Income
$38,871
Median Earnings
$1,081
Median Rent
$217,500
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
- Barstow Automotive — 1741 Main St #1, Barstow, CA 92311
- Rock Tires — 2040 Main St, Barstow, CA 92311
- Mikes Barstow Auto Repair — 1720 Main St, Barstow, CA 92311
- E & A Tires n SoundZ — 1500 Main St, Barstow, CA 92311
- Barstow Automotive & Towing, Inc. — 1741 main st #1, barstow, ca 92311
Frequently Asked Questions
What type of property is this?
Auto shop - Fully-equipped auto shop on a 20,000 SF lot.
Where is this auto shop located?
The property is located at 1401 W Main Street Barstow, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Fully‑equipped, turn‑key auto shop garage business opportunity.; Prime location on Main Street with **excellent visibility and signage.**; Spacious 6,180 sq ft building on a 20,000 sq ft lot with ample parking (12 indoor, 18 outdoor).
