Used Car Dealership and Repair
For Sale
$1,200,000
200 E Chestnut St, Fort Bragg, CA 95437
Turnkey used vehicle dealership and auto repair center on a high-visibility main-corridor site in Fort Bragg, CA.
Property Size4,034 SF
Lot Size0.77 Acres
Price / SF$297.47
Days on Market69
Property Features for 200 E Chestnut St
General Information
Standard status
Active
Size
4,034 SF
Lot size
0.77 Acres
Additional Details
Business Included
Yes
Listing Agency:
Garden Ranch Real Estate
Listed By:
Eric Miller
Source:
Myfabuloushome
Added: Jul 4
Changed: Sep 8
Last Checked: Sep 10 at 12:15AM
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 Garden Ranch Real Estate
Investment Insights
Based on property information with market context.
This established used car dealership and auto repair center is offered as a turnkey property at 200 E Chestnut Street in Fort Bragg, California. The site is situated on a 0.77-acre lot (over 33,000 square feet) and is positioned to support ongoing sales and full-service repairs on all makes and models, based on the business history noted in the remarks.
Located along a main corridor, the property is described as high-visibility within the Mendocino Coast market. The remarks also cite long-standing local loyalty and steady demand from both residents and tourism traffic supporting the Fort Bragg area.
For an incoming buyer, the property is presented with the stated ability to continue operations, expand, or repurpose within the coastal commercial market.
Located along a main corridor, the property is described as high-visibility within the Mendocino Coast market. The remarks also cite long-standing local loyalty and steady demand from both residents and tourism traffic supporting the Fort Bragg area.
For an incoming buyer, the property is presented with the stated ability to continue operations, expand, or repurpose within the coastal commercial market.
Key Highlights
- Established used car dealership and auto repair center at 200 E Chestnut Street in Fort Bragg, CA
- 0.77‑acre lot (over 33,000 SF) on a high‑visibility main corridor
- Auto services include repairs on all makes and models, with vehicle sales
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
$37,898
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
3.16%
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%
$757,960
$758.0K
Cap Rate 7%
$541,400
$541.4K
Cap Rate 9%
$421,089
$421.1K
Market Conditions
NOI Build-Up for 4,034 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
$58.1K $14.40/SF
− Vacancy
−$4.0K −$0.98/SF
EGI
$54.1K $13.42/SF
− OpEx
−$16.2K −$4.03/SF
NOI
$37.9K $9.39/SF
Area
Mendocino County, CA
Vacancy
6.80%
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%
$757,960
Cap Rate 7%
$541,400
Cap Rate 9%
$421,089
Alternative Uses
Best Use
Industrial
$541.4K
$473.7K – $631.6K
NOI $37,898 @ 7.0% cap · market cap 3.16%
Second Best
Retail
$112.9K
$98.8K – $131.7K
NOI $7,903 @ 7.0% cap · market cap 0.66%
Theoretical Best
Flex RnD
$1.51M
$1.32M – $1.76M
NOI $105,572 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
863
Businesses Nearby
70k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 39%
Dining 36%
Shops & Services 12%
Home Improvements & Furnishings 8%
Safeway
Groceries
27,798 visits/mo
0.3 miles
Starbucks
Dining
12,152 visits/mo
0.2 miles
Taco Bell
Dining
10,525 visits/mo
0.4 miles
Mendo Mill & Lumber Co
Home Improvements & Furnishings
5,924 visits/mo
0.3 miles
Chase Bank
Shops & Services
3,993 visits/mo
0.4 miles
Demographics for 95437, CA
14,608
Population
7,654
Households
1.9
Avg Household Size
48
Median Age
26%
College-Educated
86%
High-School Grad
177.4 sq mi
ZIP Area
82
Density / Sq Mi
$55,061
Median Household Income
$35,860
Median Earnings
$1,367
Median Rent
$541,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Fort Bragg Transmission & Auto — 701 S Franklin St, Fort Bragg, CA 95437
- Accu-Tech Auto Body — 201 Cypress St, Fort Bragg, CA 95437
- Mendocino Coast European — 349 Cypress St, Fort Bragg, CA 95437
- North Coast Tire — 440 S Main St, Fort Bragg, CA 95437
- Norm's Automotive Machine Shop — 205 Hazel St, Fort Bragg, CA 95437
Frequently Asked Questions
What type of property is this?
Auto shop - Turnkey used vehicle dealership and auto repair center on a high-visibility main-corridor site in Fort Bragg, CA.
Where is this auto shop located?
The property is located at 200 E Chestnut St Fort Bragg, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Established used car dealership and auto repair center at 200 E Chestnut Street in Fort Bragg, CA; 0.77‑acre lot (over 33,000 SF) on a high‑visibility main corridor; Auto services include repairs on all makes and models, with vehicle sales
