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Auto Sales Property with Showroom
For Sale
$1,899,000

1941 El Camino Ave, Sacramento, CA 95815

Approved conditional use permit supports auto sales, with an ADA street connection and immediate freeway access.

Property Size6,540 SF
Lot Size0.80 Acres
Price / SF$290.37
Days on Market38

Property Features for 1941 El Camino Ave

General Information

Standard status Active
Size 6,540 SF
Lot size 0.80 Acres

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1957
Buildings 1
Listing Agency: RE/MAX Gold
Listed By: Ranga Pathak · License #01364897
Source: Rootsrealestategroup
Added: Jul 24 Changed: Aug 30 Last Checked: Aug 25 at 5:23AM

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 RE/MAX Gold

Investment Insights

Based on property information with market context.

This automotive property includes a 6,540-square-foot showroom on 0.80 acres. An approved conditional use permit supports auto sales, with final work items being completed. The site also provides an ADA path of travel from the street.

Located at 1941 El Camino Ave in Sacramento, the property offers immediate freeway access. Built in 1957, the existing showroom and land provide a defined setting for an automotive sales operation.

Key Highlights

  • 6,540 SF showroom on 0.80 acres
  • Approved conditional use permit for auto sales
  • Final items of work are being completed

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
$101,429
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
5.34%
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%
$2,028,580 $2.0M
Cap Rate 7%
$1,448,986 $1.4M
Cap Rate 9%
$1,126,989 $1.1M
Market Conditions
NOI Build-Up for 6,540 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
$153.8K $23.52/SF
− Vacancy
−$8.9K −$1.36/SF
EGI
$144.9K $22.16/SF
− OpEx
−$43.5K −$6.65/SF
NOI
$101.4K $15.51/SF
Area
Sacramento, CA
Vacancy
5.80%
Lease Rate
$23.52 /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%
$2,028,580
Cap Rate 7%
$1,448,986
Cap Rate 9%
$1,126,989

Alternative Uses

Best Use
Retail
$1.45M
$1.27M – $1.69M (±1% cap)
NOI $101,429 @ 7.0% cap · market cap 5.34%
Second Best
Industrial
$709.1K
$620.5K – $827.3K (±1% cap)
NOI $49,638 @ 7.0% cap · market cap 2.61%
Theoretical Best
Specialty Retail
$1.76M
$1.54M – $2.05M (±1% cap)
NOI $123,017 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

OKAIDI AUTO SALES Car Dealership Awards By Kay Marketing & Advertising

Suggested Use

Top Pick Dental Office Gym & Fitness Center Pharmacy Accounting Firm Real Estate Agency Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

876
Businesses Nearby
73k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 99% Home Improvements & Furnishings 1%
AMPM Shops & Services
17,436 visits/mo 0.5 miles
Chevron Shops & Services
13,298 visits/mo 0.0 miles
dd's DISCOUNTS Shops & Services
12,437 visits/mo 0.5 miles
ARCO Shops & Services
10,440 visits/mo 0.5 miles
7-Eleven Shops & Services
9,831 visits/mo 0.4 miles

Demographics for 95815, CA

27,838
Population
10,527
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
79%
High-School Grad
7.7 sq mi
ZIP Area
3,615
Density / Sq Mi
$58,590
Median Household Income
$37,199
Median Earnings
$1,448
Median Rent
$298,400
Median Home Value

Market

Vacancy Rate% for Retail in Sacramento, CA

7.7% 2019
7.7% 2020
7.1% 2021
6.9% 2022
6.5% 2023
6.7% 2024
6.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Automotive property - Approved conditional use permit supports auto sales, with an ADA street connection and immediate freeway access.
Where is this automotive property located?
The property is located at 1941 El Camino Ave Sacramento, CA.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: 6,540 SF showroom on 0.80 acres; Approved conditional use permit for auto sales; Final items of work are being completed
More about this property
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