Vintage Auto Repair and Sales
312 W 2nd St Casa Grande, AZ 85122
For Sale
Contact for pricing
A 1950 vintage building built for auto repair or sales, with an existing month-to-month pet grooming tenant.
Property Size7,915 SF
Price / SF$107.39
Days on Market975
Property Features for 312 W 2nd St
General Information
Standard status
Active
Size
7,915 SF
Property subtype
INDUSTRIAL
Listing Agency:
Commercial Properties Inc
(602) 561-2946
Listed By:
Toby Campbell · License #SA537130000
(602) 561-2946
Source:
Moodyscre
Added: Nov 27, 2023
Changed: Jul 28
Last Checked: Jul 29 at 12:32PM
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 Properties Inc
Investment Insights
Based on property information with market context.
This vintage downtown building was constructed in 1950 and totals 7,915 square feet. It is tailored for auto repair or sales, with the layout designed to support automotive-oriented operations.
The property also includes an existing lease in place with a pet grooming business occupying 1,500 square feet on a month-to-month basis.
Overall, the building offers a single structure configured for automotive use, with a portion currently leased to a separate pet grooming tenant.
The property also includes an existing lease in place with a pet grooming business occupying 1,500 square feet on a month-to-month basis.
Overall, the building offers a single structure configured for automotive use, with a portion currently leased to a separate pet grooming tenant.
Key Highlights
- 7,915 SF vintage Downtown Casa Grande building constructed in 1950
- Designed for auto repair or auto sales use
- Includes an existing month‑to‑month lease with a pet grooming business occupying 1,500 SF
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $118.7k | $15.00 |
| − Vacancy | −$7.7k | −$0.98 |
| EGI | $111.0k | $14.03 |
| − OpEx | −$33.3k | −$4.21 |
| NOI | $77.7k | $9.82 |
7,915 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.11M
$971.3K – $1.30M
NOI $77,706 @ 7.0% cap · market cap 9.14%
Second Best
Industrial
$549.1K
$480.5K – $640.7K
NOI $38,440 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$2.19M
$1.91M – $2.55M
NOI $153,173 @ 7.0% cap · market cap 18.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Williams Spray Co — 885 W Hwy 84, Casa Grande, AZ 85122
- Western Auto and RV — 1146 East Jimmie Kerr Blvd, Casa Grande, AZ 85122
- Custom Auto & Truck Services — 32 n brown ave, casa grande, az 85122
- J&J TRUCK AND TRAILER REPAIRS — 32 N Brown Ave, Casa Grande, AZ 85122
- Hartfield's Tire — 875 Jimmie Kerr Blvd, Casa Grande, AZ 85122
Frequently Asked Questions
What type of property is this?
Auto shop - A 1950 vintage building built for auto repair or sales, with an existing month-to-month pet grooming tenant.
Where is this auto shop located?
The property is located at 312 W 2nd St Casa Grande, AZ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 7,915 SF vintage Downtown Casa Grande building constructed in 1950; Designed for auto repair or auto sales use; Includes an existing month‑to‑month lease with a pet grooming business occupying 1,500 SF
