Three-Bay Automotive Service
For Sale
$395,000
1587 French Camp Tpke, Stockton, CA 95206
Tenant-occupied auto shop with an existing lease, service access, and dedicated outdoor tire storage.
Property Size1,500 SF
Price / SF$263.33
Days on Market29
Property Features for 1587 French Camp Tpke
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Commercial
Additional Details
Outdoor Storage
Yes
Service Bays
3
Amenities
additional side service entrance
large concrete service apron
outdoor tire storage
galvanized metal roof
Listing Agency:
Real Broker Technologies
(209) 482-2210
Listed By:
James S. Oldham · License #01471625
Source:
Homesofgreatersacramento
Added: Aug 3
Changed: Aug 30
Last Checked: Aug 30 at 6:27PM
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 Real Broker Technologies
Investment Insights
Based on property information with market context.
This 1,500-square-foot automotive property is configured for service operations and is currently occupied by a tire and wheel business. The building includes three front-facing service bays, a separate side service entrance, and a galvanized metal roof. A large concrete apron extends the working area outside the building, with designated outdoor tire storage supporting the existing use.
The property is located at 1587 French Camp Tpke in Stockton, California, along a commercial corridor. An existing lease is in place, providing an established tenancy for an investor or an automotive operator evaluating the property for continued service use. Tenant access should be coordinated in advance, as the current occupants and employees are not to be disturbed.
The property is located at 1587 French Camp Tpke in Stockton, California, along a commercial corridor. An existing lease is in place, providing an established tenancy for an investor or an automotive operator evaluating the property for continued service use. Tenant access should be coordinated in advance, as the current occupants and employees are not to be disturbed.
Key Highlights
- 1,500‑square‑foot automotive service property
- Three front service bays for automotive operations
- Additional side entrance serving the building
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
$17,995
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
4.56%
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%
$359,900
$359.9K
Cap Rate 7%
$257,071
$257.1K
Cap Rate 9%
$199,944
$199.9K
Market Conditions
NOI Build-Up for 1,500 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
$26.6K $17.76/SF
− Vacancy
−$932 −$0.62/SF
EGI
$25.7K $17.14/SF
− OpEx
−$7.7K −$5.14/SF
NOI
$18.0K $12.00/SF
Area
ZIP 95206
Vacancy
3.50%
Lease Rate
$17.76 /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%
$359,900
Cap Rate 7%
$257,071
Cap Rate 9%
$199,944
Alternative Uses
Best Use
Industrial
$257.1K
$224.9K – $299.9K
NOI $17,995 @ 7.0% cap · market cap 4.56%
Second Best
Retail
$205.9K
$180.1K – $240.2K
NOI $14,411 @ 7.0% cap · market cap 3.65%
Theoretical Best
Warehouse
$322.3K
$282.0K – $376.0K
NOI $22,558 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Service bays
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95206, CA
69,350
Population
18,792
Households
3.7
Avg Household Size
31
Median Age
11%
College-Educated
67%
High-School Grad
133.2 sq mi
ZIP Area
521
Density / Sq Mi
$79,751
Median Household Income
$37,346
Median Earnings
$1,546
Median Rent
$388,500
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
- Howell Towing's Company — 1055 Sandoval Ct, Stockton, CA 95206
- Benny's Auto Repair — 1951 S El Dorado St, Stockton, CA 95206
- US Tire Service — 2014 S S El Dorado St, Stockton, CA 95206
- California Tires & Alignment — 1951 S El Dorado St, Stockton, CA 95206
- N & S Tractor Co Inc — 1340 W Charter Way, Stockton, CA 95206
Frequently Asked Questions
What type of property is this?
Auto shop - Tenant-occupied auto shop with an existing lease, service access, and dedicated outdoor tire storage.
Where is this auto shop located?
The property is located at 1587 French Camp Tpke Stockton, 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: 1,500‑square‑foot automotive service property; Three front service bays for automotive operations; Additional side entrance serving the building
