Interstate Vehicle Service Station
32974 W Hwy 140 Gustine, CA 95322
For Sale
$749,000
Redevelopment site at an I-5 and Highway 140 interchange with direct freeway access and an existing service-oriented building.
Property Size1,631 SF
Lot Size1.00 Acre
Price / SF$459.23
Days on Market66
Property Features for 32974 W Hwy 140
General Information
Standard status
Active
Size
1,631 SF
Lot size
1.00 Acre
Property subtype
Office
Building Details
Year Built
1973
Listing Agency:
Tinetti Realty Group
(209) 384-3885
Listed By:
Amanvir Singh · License #DRE #02242013
Source:
Xome
Added: May 26
Changed: Jul 10
Last Checked: Jul 29 at 12:53PM
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 Tinetti Realty Group
Investment Insights
Based on property information with market context.
The property is a vehicle service station development site featuring an existing commercial building of approximately 1,631± SF and a two-bay shop area. The site reflects a former auto repair and commercial service use. Merced County zoning information indicates Highway Interchange Commercial (H-I-C) zoning, where vehicle service stations are listed as permitted uses with zoning clearance review. The county’s vehicle service station definition includes gasoline and diesel sales for passenger vehicles, and truck stop use may be permitted subject to administrative permit review.
The location is at the Interstate 5 and Highway 140 interchange in Gustine, CA, with direct freeway entrance access. The offering notes visibility and convenient access from both Interstate 5 and Highway 140. Traffic volume is reported at approximately 45,700 average vehicles per day based on a 2023 report. The buyer is advised the property is near the Merced and Stanislaus County lines.
For buyers and operators, the site offers a service-oriented redevelopment framework within the H-I-C zone, including the potential to support vehicle service station activities as defined by the county. Any development plans will require the buyer to verify zoning, permitted uses, utilities, well, sewer, septic, environmental conditions, and development potential with Merced County.
The location is at the Interstate 5 and Highway 140 interchange in Gustine, CA, with direct freeway entrance access. The offering notes visibility and convenient access from both Interstate 5 and Highway 140. Traffic volume is reported at approximately 45,700 average vehicles per day based on a 2023 report. The buyer is advised the property is near the Merced and Stanislaus County lines.
For buyers and operators, the site offers a service-oriented redevelopment framework within the H-I-C zone, including the potential to support vehicle service station activities as defined by the county. Any development plans will require the buyer to verify zoning, permitted uses, utilities, well, sewer, septic, environmental conditions, and development potential with Merced County.
Key Highlights
- Approximately 1‑acre corner lot with paved frontage near the Interstate 5 & Highway 140 interchange in Gustine, CA
- Existing 1,631± SF commercial building plus two‑bay shop area; former auto repair and commercial service use
- H‑I‑C (Highway Interchange Commercial) zoning; Vehicle Service Stations are described as permitted within the zone with zoning clearance review
Financial Insights For Specialty 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 | $35.2k | $21.60 |
| − Vacancy | −$2.2k | −$1.36 |
| EGI | $33.0k | $20.24 |
| − OpEx | −$8.3k | −$5.06 |
| NOI | $24.8k | $15.18 |
1,631 SF · lease $21.60/SF/yr · vacancy 6.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$353.7K
$309.5K – $412.6K
NOI $24,758 @ 7.0% cap · market cap 3.31%
Second Best
Industrial
$151.4K
$132.5K – $176.6K
NOI $10,598 @ 7.0% cap · market cap 1.41%
Theoretical Best
Healthcare Medical
$359.8K
$314.9K – $419.8K
NOI $25,189 @ 7.0% cap · market cap 3.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Gas station - Redevelopment site at an I-5 and Highway 140 interchange with direct freeway access and an existing service-oriented building.
Where is this gas station located?
The property is located at 32974 W Hwy 140 Gustine, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Approximately 1‑acre corner lot with paved frontage near the Interstate 5 & Highway 140 interchange in Gustine, CA; Existing 1,631± SF commercial building plus two‑bay shop area; former auto repair and commercial service use; H‑I‑C (Highway Interchange Commercial) zoning; Vehicle Service Stations are described as permitted within the zone with zoning clearance review
