Auto Body Facility For
For Sale
Contact for pricing
3549 E Colorado Blvd, Pasadena, CA 91107
Established auto body facility on East Colorado Blvd in Pasadena.
Property Size3,420 SF
Lot Size0.25 Acres
Price / SF$847.66
Days on Market195
Property Features for 3549 E Colorado Blvd
General Information
Standard status
Active
Size
3,420 SF
Lot size
0.25 Acres
Property subtype
Retail
Zoning
C-M
Investment Type
Owner/User
Building Details
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Beverly & Company's
Listed By:
Vick Tasmajian · License #01950844
Source:
Crexi
Added: Jan 26
Changed: Aug 8
Last Checked: Aug 8 at 6:34AM
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 Beverly & Company's
Investment Insights
Based on property information with market context.
This 3,420 square foot freestanding building is situated on a 10,789 square foot lot. It is located on East Colorado Blvd in Pasadena, a busy commercial corridor. The property is well-suited for automotive use and features 5 bays and a licensed spray booth. The C-M (Commercial Manufacturing) zoning supports multiple commercial and manufacturing-related uses. The property offers street visibility, accessibility, and a functional layout suitable for automotive and light industrial uses. It is currently an auto body and collision repair facility. There is an option to take over the existing business at a separate price.
Key Highlights
- Established auto body/collision repair facility on East Colorado Blvd, a high‑traffic commercial corridor in Pasadena.
- Freestanding 3,420 SF building on a 10,789 SF lot.
- Zoned C‑M (Commercial Manufacturing) supporting multiple commercial/manufacturing uses.
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
$86,447
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
2.98%
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%
$1,728,940
$1.7M
Cap Rate 7%
$1,234,957
$1.2M
Cap Rate 9%
$960,522
$960.5K
Market Conditions
NOI Build-Up for 3,420 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
$126.4K $36.96/SF
− Vacancy
−$2.9K −$0.85/SF
EGI
$123.5K $36.11/SF
− OpEx
−$37.0K −$10.83/SF
NOI
$86.4K $25.28/SF
Area
Pasadena, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
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%
$1,728,940
Cap Rate 7%
$1,234,957
Cap Rate 9%
$960,522
Alternative Uses
Best Use
Retail
$1.23M
$1.08M – $1.44M
NOI $86,447 @ 7.0% cap · market cap 2.98%
Second Best
Industrial
$606.9K
$531.1K – $708.1K
NOI $42,485 @ 7.0% cap · market cap 1.47%
Theoretical Best
Multifamily LT 5
$76.98M
$67.36M – $89.82M
NOI $5,388,905 @ 7.0% cap · market cap 185.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,560
Businesses Nearby
210k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Shops & Services 29%
Groceries 27%
Apparel 5%
VONS
Groceries
52,866 visits/mo
0.2 miles
In-N-Out Burger
Dining
21,888 visits/mo
0.4 miles
Denny's
Dining
15,727 visits/mo
0.4 miles
Taco Bell
Dining
15,699 visits/mo
0.5 miles
Kabuki Japanese Restaurant
Dining
14,986 visits/mo
0.4 miles
Demographics for 91107, CA
33,729
Population
14,137
Households
2.4
Avg Household Size
43
Median Age
59%
College-Educated
93%
High-School Grad
8.5 sq mi
ZIP Area
3,968
Density / Sq Mi
$124,880
Median Household Income
$62,250
Median Earnings
$2,311
Median Rent
$1,106,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Vince's Italian Car Services — 3222 E Colorado Blvd, Pasadena, CA 91107
- Vince's Auto Services — 3230 E Colorado Blvd, Pasadena, CA 91107
- ALCOLOCK Ignition Interlock — 3230 e colorado blvd, pasadena, ca 91107
- RPM-Attack — 3240 E Colorado Blvd, Pasadena, CA 91107
- Thorson Buick GMC Service — 3456 E Colorado Blvd, Pasadena, CA 91107
Frequently Asked Questions
What type of property is this?
Auto shop - Established auto body facility on East Colorado Blvd in Pasadena.
Where is this auto shop located?
The property is located at 3549 E Colorado Blvd Pasadena, CA.
What is the asking price?
The asking price for this property is $2,899,000.
What are key features of this property?
This property features: Established auto body/collision repair facility on East Colorado Blvd, a high‑traffic commercial corridor in Pasadena.; Freestanding 3,420 SF building on a 10,789 SF lot.; Zoned C‑M (Commercial Manufacturing) supporting multiple commercial/manufacturing uses.
