Three-Building Automotive Service
New
For Sale
$3,700,000
2808 Patterson Road, Riverbank, CA 95367
Shop, warehouse, retail-counter, office and secured vehicle-storage areas are distributed across the property.
Property Size30,228 SF
Lot Size1.55 Acres
Price / SF$122.40
Days on Market4
Property Features for 2808 Patterson Road
General Information
Standard status
Active
Size
30,228 SF
Lot size
1.55 Acres
Zoning
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Additional Details
Automotive Uses
auto repair, collision/body shop, vehicle storage
Real Estate Included
Yes
Amenities
owned solar array
camera system
concrete yard and drive aisles
secured RV and boat storage
enclosed storage units
finished reception area
private offices
break room with full kitchen
ADA restroom
Manager's Office, 12 to 18 Ft Ceilings, Multiple Tenant Building, Extra Storage
Central Air, Wall Unit(s), Varies by Unit
Varies by Unit
Storage
Covered, Gated
Building Details
Building Size
30,228 SF
Year Built
1966
Buildings
3
Construction
steel
Listing Agency:
Commercial R.E. Investors, Inc
Listed By:
Giovanna Brazil · License #02203522
(209) 840-4120
Source:
Evrealestate
Added: Oct 28
Last Checked: Oct 30 at 1:44PM
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 Commercial R.E. Investors, Inc
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Investment Insights
Based on property information with market context.
This 30,228-square-foot automotive service property comprises three buildings on a fenced, 1.55-acre concrete site. Shop space includes 17 grade-level drive-in doors, each 14 feet high, and high-clear-span interiors. A downdraft spray booth bay, mix room, enclosed booth bays and a large prep bay are among the shop areas. Additional features include fabrication and marine-work bays, two parts warehouses, a retail counter, reception area, private offices, a break room with a full kitchen, and an ADA restroom. The buildings were constructed in 1966.
Five meters serve heavy three-phase power across the site, which also has an owned solar array. Gated drive aisles support circulation between buildings, while the yard includes secured RV and boat storage and enclosed storage units. The property occupies a signalized corner on the State Route 108 corridor in Riverbank, northeast of Modesto. The real estate is offered separately from the operating business, equipment and inventory; certain equipment may be purchased separately.
Five meters serve heavy three-phase power across the site, which also has an owned solar array. Gated drive aisles support circulation between buildings, while the yard includes secured RV and boat storage and enclosed storage units. The property occupies a signalized corner on the State Route 108 corridor in Riverbank, northeast of Modesto. The real estate is offered separately from the operating business, equipment and inventory; certain equipment may be purchased separately.
Key Highlights
- 30,228 square feet across three buildings
- 17 grade‑level drive‑in doors, each 14 feet high
- Fenced 1.55‑acre concrete site with gated drive aisles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$181,295
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,625,900
$3.6M
Cap Rate 7%
$2,589,929
$2.6M
Cap Rate 9%
$2,014,389
$2.0M
Market Conditions
NOI Build-Up for 30,228 SF
Gross rent
$272.1K $9.00/SF
− Vacancy
−$13.1K −$0.43/SF
EGI
$259.0K $8.57/SF
− OpEx
−$77.7K −$2.57/SF
NOI
$181.3K $6.00/SF
Area
Stanislaus County, CA
Vacancy
4.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,625,900
Cap Rate 7%
$2,589,929
Cap Rate 9%
$2,014,389
Alternative Uses
Best Use
Retail
$10.09M
$8.83M – $11.77M
NOI $706,062 @ 7.0% cap · market cap 19.08%
Second Best
Industrial
$2.59M
$2.27M – $3.02M
NOI $181,295 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$14.05M
$12.29M – $16.39M
NOI $983,479 @ 7.0% cap · market cap 26.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
452
Businesses Nearby
50k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 33%
Taco Bell
Dining
13,234 visits/mo
0.4 miles
Mister Car Wash
Shops & Services
8,882 visits/mo
0.5 miles
Burger King
Dining
7,433 visits/mo
0.3 miles
Carl's Jr.
Dining
5,593 visits/mo
0.0 miles
Cool Hand Luke's
Dining
5,515 visits/mo
0.4 miles
Demographics for 95367, CA
25,421
Population
7,579
Households
3.4
Avg Household Size
34
Median Age
20%
College-Educated
81%
High-School Grad
5.3 sq mi
ZIP Area
4,796
Density / Sq Mi
$90,633
Median Household Income
$46,447
Median Earnings
$1,526
Median Rent
$444,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Les Schwab Tire Center — 2560 Patterson Rd, Riverbank, CA 95367
- Cota Tire Sale — 2641 patterson rd, riverbank, ca 95367
- Freedom Smog — 2660 Patterson Rd, Riverbank, CA 95367
- California Radiator — 2641 patterson rd, riverbank, ca 95367
- Pitt Stop- Riverbank — 6505 Callander Ave, Riverbank, CA 95367
Frequently Asked Questions
What type of property is this?
Auto shop - Shop, warehouse, retail-counter, office and secured vehicle-storage areas are distributed across the property.
Where is this auto shop located?
The property is located at 2808 Patterson Road Riverbank, CA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: 30,228 square feet across three buildings; 17 grade‑level drive‑in doors, each 14 feet high; Fenced 1.55‑acre concrete site with gated drive aisles
