Established Auto Repair Business For
For Sale
$400,000
Pending
17384 Mesa St, Hesperia, CA 92345
Turnkey auto repair business with equipment and established clientele.
Property Size2,400 SF
Lot Size2.84 Acres
Days on Market152
Property Features for 17384 Mesa St
General Information
Standard status
Pending
Size
2,400 SF
Lot size
2.84 Acres
Property subtype
Industrial
Building Details
Building Size
2,400 SF
Year Built
1980
Listing Agency:
NAI CAPITAL, INC.
(760) 403-4151
Listed By:
GRAEME CARR · License #00648584
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 8 at 6:22AM
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 NAI CAPITAL, INC.
Investment Insights
Based on property information with market context.
This established automotive repair business is available for purchase, suitable for expanding an existing operation, accommodating business growth, or starting a new automotive repair venture. The purchase includes the business and equipment, excluding the owner's personal toolboxes and a smaller workbench. The property features a new state-of-the-art alignment rack and computerized alignment system, a new tire changing machine, a wheel balancing machine, and two additional lift racks. Also included is a compressor, lathe, and a substantial inventory of equipment, tools, and supplies.
Key Highlights
- Established automotive repair business with existing clientele.
- Includes a new state‑of‑the‑art alignment rack and computerized alignment system.
- Includes a new tire changing machine and wheel balancing machine.
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
$22,789
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
5.70%
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%
$455,780
$455.8K
Cap Rate 7%
$325,557
$325.6K
Cap Rate 9%
$253,211
$253.2K
Market Conditions
NOI Build-Up for 2,400 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
$34.6K $14.40/SF
− Vacancy
−$2.0K −$0.84/SF
EGI
$32.6K $13.56/SF
− OpEx
−$9.8K −$4.07/SF
NOI
$22.8K $9.50/SF
Area
Hesperia, CA
Vacancy
5.80%
Lease Rate
$14.40 /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%
$455,780
Cap Rate 7%
$325,557
Cap Rate 9%
$253,211
Alternative Uses
Best Use
Retail
$325.6K
$284.9K – $379.8K
NOI $22,789 @ 7.0% cap · market cap 5.70%
Second Best
Industrial
$277.7K
$243.0K – $323.9K
NOI $19,436 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$680.7K
$595.6K – $794.1K
NOI $47,647 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92345, CA
86,499
Population
27,247
Households
3.2
Avg Household Size
34
Median Age
11%
College-Educated
77%
High-School Grad
98.9 sq mi
ZIP Area
875
Density / Sq Mi
$65,949
Median Household Income
$37,235
Median Earnings
$1,499
Median Rent
$359,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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- ATech Transmission — 10675 Hesperia Rd, Hesperia, CA 92345
Frequently Asked Questions
What type of property is this?
Auto shop - Turnkey auto repair business with equipment and established clientele.
Where is this auto shop located?
The property is located at 17384 Mesa St Hesperia, CA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Established automotive repair business with existing clientele.; Includes a **new state‑of‑the‑art alignment rack and computerized alignment system.**; Includes a **new tire changing machine and wheel balancing machine.**
