Automotive Dealership with Service
412 Auto Vista Dr, Palmdale, CA 93551
For Sale
Contact for pricing
A showroom, sales areas, offices, and customer amenities support dealership operations, with a separate service department on site.
Property Size16,284 SF
Lot Size3.00 Acres
Price / SF$368.40
Days on Market8
Property Features for 412 Auto Vista Dr
General Information
Standard status
Size
Lot size
Property subtype
Automotive
Service Bays
Automotive Uses
Additional Details
Asking Price
Real Estate Included
Amenities
showroom
sales cubicles
offices
conference room
customer waiting area
detailing area
parts department
Building Details
Year Built
Year Renovated
Buildings
Listing Agency:
Liberty Business Advisors
Listed By:
Houmehr Mike Panoussi · License #01853627
Source:
Crexi
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 6:05PM
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 Liberty Business Advisors
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Investment Insights
Based on property information with market context.
This automotive dealership property includes approximately 16,284 square feet of building area on a roughly 3.0-acre lot. The layout combines a showroom and sales cubicles with offices, a conference room, and a customer waiting area. Its service department contains 12 bays, along with a detailing area and parts department. The building dates to 1992 and was last remodeled in 2014; the roof is approximately 10 years old.
The property is within the Palmdale Auto Mall. It is described as the only dealership location in the mall authorized to operate as a used-car dealership, subject to applicable approvals and requirements. The property may be acquired with or without Mitsubishi franchise rights. Any franchise pursuit requires separate terms and Mitsubishi approval; there is no obligation to pursue or operate a franchise.
The property is within the Palmdale Auto Mall. It is described as the only dealership location in the mall authorized to operate as a used-car dealership, subject to applicable approvals and requirements. The property may be acquired with or without Mitsubishi franchise rights. Any franchise pursuit requires separate terms and Mitsubishi approval; there is no obligation to pursue or operate a franchise.
Key Highlights
- Approximately 16,284 square feet of building area on a 3.0‑acre lot
- 12 service bays, plus detailing area and parts department
- Showroom, sales cubicles, offices, conference room, and customer waiting area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$277,914
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,558,280
$5.6M
Cap Rate 7%
$3,970,200
$4.0M
Cap Rate 9%
$3,087,933
$3.1M
Market Conditions
NOI Build-Up for 16,284 SF
Gross rent
$420.1K $25.80/SF
− Vacancy
−$23.1K −$1.42/SF
EGI
$397.0K $24.38/SF
− OpEx
−$119.1K −$7.31/SF
NOI
$277.9K $17.07/SF
Area
Palmdale, CA
Vacancy
5.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,558,280
Cap Rate 7%
$3,970,200
Cap Rate 9%
$3,087,933
Alternative Uses
Best Use
Retail
$3.97M
$3.47M – $4.63M
NOI $277,914 @ 7.0% cap · market cap 4.63%
Second Best
Industrial
$2.71M
$2.38M – $3.17M
NOI $190,016 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$6.88M
$6.02M – $8.02M
NOI $481,298 @ 7.0% cap · market cap 8.02%
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
Open Analytics
Current Use
Lease Details
12
Service bays
Location Intelligence
Trade Area within ½ mile
926
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93551, CA
56,001
Population
17,940
Households
3.1
Avg Household Size
38
Median Age
30%
College-Educated
87%
High-School Grad
84.8 sq mi
ZIP Area
660
Density / Sq Mi
$110,850
Median Household Income
$55,882
Median Earnings
$2,263
Median Rent
$548,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Automotive properties in Los Angeles County, CA
Properties on Market for Automotive properties in Los Angeles County
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Automotive property - A showroom, sales areas, offices, and customer amenities support dealership operations, with a separate service department on site.
Where is this automotive property located?
The property is located at 412 Auto Vista Dr Palmdale, CA.
What is the asking price?
The asking price for this property is $5,999,000.
What are key features of this property?
This property features: Approximately 16,284 square feet of building area on a 3.0‑acre lot; 12 service bays, plus detailing area and parts department; Showroom, sales cubicles, offices, conference room, and customer waiting area
