Multi-Bay Auto
For Sale
$2,500,000
2879 S AVE 4 E, Yuma, AZ 85365
COMMERCIAL - Yuma, AZ
Property Size5,600 SF
Lot Size1,600.48 Acres
Price / SF$446.43
Days on Market47
Property Features for 2879 S AVE 4 E
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
SE9- SOUTH EAST YUMA
Standard status
Active
Lot size
1,600.48 Acres
Taxes and HOA fees
Tax Description
SECTION: 06 TOWNSHIP: 09S RANGE:22W BEG AT SW COR OF NW4 NW4 SW4TH E 50 FT TO TPOB TH CONT E 607.62F
Legal Description
SECTION: 06 TOWNSHIP: 09S RANGE:22W BEG AT SW COR OF NW4 NW4 SW4TH E 50 FT TO TPOB TH CONT E 607.62F
Amenities
roll-up doors
new asphalt
Listing Agency:
HomeSmart · HomeSmart International
(602) 230-7600
Listed By:
Alejandro Avila · License #BR670525000
(928) 785-2960
Added: Jun 23
Changed: Aug 4
Last Checked: Aug 8 at 9:06PM
MLS# 20262750
Copyright © 2026 Yuma Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This automotive property combines a 4,500-square-foot shop with a separate 1,100-square-foot office area. The site is fully fenced and has new asphalt throughout, supporting organized vehicle movement and daily service operations. Six 14-foot roll-up doors provide multiple points of access to the shop, offering practical functionality for automotive or other service-oriented uses.
The property is located at 2879 S Ave 4 E in Yuma’s Industrial Park. It is currently operating as a mechanic shop, giving the facility an established automotive operating profile. The layout includes dedicated shop and office components within a single commercial site, with physical improvements suited to an owner-user or an operator seeking an existing service facility.
The property is located at 2879 S Ave 4 E in Yuma’s Industrial Park. It is currently operating as a mechanic shop, giving the facility an established automotive operating profile. The layout includes dedicated shop and office components within a single commercial site, with physical improvements suited to an owner-user or an operator seeking an existing service facility.
Key Highlights
- 4,500‑square‑foot automotive shop
- 1,100‑square‑foot office space
- Six 14‑foot roll‑up doors
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
$85,821
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
3.43%
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%
$1,716,420
$1.7M
Cap Rate 7%
$1,226,014
$1.2M
Cap Rate 9%
$953,567
$953.6K
Market Conditions
NOI Build-Up for 5,600 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
$147.8K $26.40/SF
− Vacancy
−$33.4K −$5.97/SF
EGI
$114.4K $20.43/SF
− OpEx
−$28.6K −$5.11/SF
NOI
$85.8K $15.33/SF
Area
Yuma County, AZ
Vacancy
22.60%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
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%
$1,716,420
Cap Rate 7%
$1,226,014
Cap Rate 9%
$953,567
Alternative Uses
Best Use
Office B
$1.23M
$1.07M – $1.43M
NOI $85,821 @ 7.0% cap · market cap 3.43%
Second Best
Retail
$811.2K
$709.8K – $946.4K
NOI $56,781 @ 7.0% cap · market cap 2.27%
Theoretical Best
Specialty Retail
$2.88M
$2.52M – $3.36M
NOI $201,341 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85365, AZ
50,166
Population
26,353
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
87%
High-School Grad
1,349.0 sq mi
ZIP Area
37
Density / Sq Mi
$68,358
Median Household Income
$40,107
Median Earnings
$1,259
Median Rent
$189,900
Median Home Value
Market
Vacancy Rate% for Office in West region
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?
Auto shop - Fenced automotive facility with separate shop and office improvements, six roll-up doors, and newly paved site circulation.
Where is this auto shop located?
The property is located at 2879 S AVE 4 E Yuma, AZ.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 4,500‑square‑foot automotive shop; 1,100‑square‑foot office space; Six 14‑foot roll‑up doors
