16-Bay Automotive Service
206 South Bradford Avenue, Placentia, CA 92870
For Sale
Contact for pricing
Freestanding, multi-bay automotive facility on contiguous parcels with Bradford Avenue frontage and SR-57 access.
Property Size8,967 SF
Price / SF$301.10
Days on Market146
Property Features for 206 South Bradford Avenue
General Information
Standard status
Size
Property subtype
Zoning
Investment Type
Building Details
Year Built
Year Renovated
Buildings
Listing Agency:
Lee & Associates - Pasadena
Listed By:
Jamie Harrison · License #CA 1290266
(626) 240-2784
Source:
Crexi
Added: Jun 17
Changed: Nov 2
Last Checked: Nov 8 at 9:16AM
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 Lee & Associates - Pasadena
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Investment Insights
Based on property information with market context.
This offering presents a freestanding, 16-bay automotive service facility at 200, 206 and 214 S. Bradford Avenue. The property totals 8,967 square feet across three contiguous parcels totaling 24,856 square feet (about 10.58 acres). The site has operated as Castner’s Auto Service since 1957 and is currently carried as a second-generation business, with the footprint expanded over time to the current three-parcel configuration.
The asset is positioned in Old Town Placentia and includes frontage on Bradford Avenue. The remarks also note immediate access to the SR-57 freeway, which can support convenience for customers and drivers using the corridor.
The property is best suited to an automotive user or a local retailer looking for a flexible Old Town location. Because the site is made up of three separate parcels, buyers have the ability to plan around the existing configuration from day one. For eligible buyers, the offering is described as supporting SBA financing with as little as 10–15% down for owner-users, which may help lower the upfront equity hurdle. The site is also identified as having Opportunity Zone status, and the overall package is presented as an owner-user or investor acquisition with functional improvements already in place.
The asset is positioned in Old Town Placentia and includes frontage on Bradford Avenue. The remarks also note immediate access to the SR-57 freeway, which can support convenience for customers and drivers using the corridor.
The property is best suited to an automotive user or a local retailer looking for a flexible Old Town location. Because the site is made up of three separate parcels, buyers have the ability to plan around the existing configuration from day one. For eligible buyers, the offering is described as supporting SBA financing with as little as 10–15% down for owner-users, which may help lower the upfront equity hurdle. The site is also identified as having Opportunity Zone status, and the overall package is presented as an owner-user or investor acquisition with functional improvements already in place.
Key Highlights
- Freestanding 16‑bay automotive service facility at 200, 206 & 214 S. Bradford Ave in Old Town Placentia
- 8,967 SF automotive service building on three contiguous parcels totaling 24,856 SF (0.58 acres)
- Built in 1922; property has been home to Castner's Auto Service since 1957
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$203,733
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,074,660
$4.1M
Cap Rate 7%
$2,910,471
$2.9M
Cap Rate 9%
$2,263,700
$2.3M
Market Conditions
NOI Build-Up for 8,967 SF
Gross rent
$301.3K $33.60/SF
− Vacancy
−$10.2K −$1.14/SF
EGI
$291.0K $32.46/SF
− OpEx
−$87.3K −$9.74/SF
NOI
$203.7K $22.72/SF
Area
Orange County, CA
Vacancy
3.40%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,074,660
Cap Rate 7%
$2,910,471
Cap Rate 9%
$2,263,700
Alternative Uses
Best Use
Retail
$2.91M
$2.55M – $3.40M
NOI $203,733 @ 7.0% cap · market cap 7.55%
Second Best
Industrial
$1.50M
$1.31M – $1.75M
NOI $104,789 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$3.01M
$2.64M – $3.51M
NOI $210,829 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,073
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 92870, CA
52,749
Population
17,545
Households
3
Avg Household Size
39
Median Age
44%
College-Educated
91%
High-School Grad
6.7 sq mi
ZIP Area
7,873
Density / Sq Mi
$110,575
Median Household Income
$53,074
Median Earnings
$2,267
Median Rent
$871,000
Median Home Value
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Market
Properties on Market for Auto shops in Orange County
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- STUDEBAKER TOP PERFORMANCE LLC — 477 Industrial Way, Placentia, CA 92870
- Sam's Club Auto Center — 603 S Placentia Ave, Fullerton, CA 92831
- SYSTEM 51 — 633 S Melrose St, Placentia, CA 92870
- Placentia Super Service — 643 S Melrose St, Placentia, CA 92870
- El maistro transmisión service — 376 E Orangethorpe Ave, Placentia, CA 92870
Frequently Asked Questions
What type of property is this?
Auto shop - Freestanding, multi-bay automotive facility on contiguous parcels with Bradford Avenue frontage and SR-57 access.
Where is this auto shop located?
The property is located at 206 South Bradford Avenue Placentia, CA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Freestanding 16‑bay automotive service facility at 200, 206 & 214 S. Bradford Ave in Old Town Placentia; 8,967 SF automotive service building on three contiguous parcels totaling 24,856 SF (0.58 acres); Built in 1922; property has been home to Castner's Auto Service since 1957
