Auto Repair Shop with Vehicle
For Sale
$619,900
455 South La Cadena Drive, Colton, CA 92324
Full-service tire and automotive repair operation with on-site wheel alignment capability.
Property Size2,160 SF
Price / SF$286.99
Days on Market575
Property Features for 455 South La Cadena Drive
General Information
Standard status
Active
Size
2,160 SF
Property subtype
Commercial Sale / Mixed Use
Building Details
Year Built
1929
Listing Agency:
Realty Masters & Associates
(951) 488-8644
Listed By:
PATRICIA HILLMAN · License #01471290
(951) 488-8644
Source:
Compass
Added: Feb 1, 2025
Changed: Aug 30
Last Checked: Aug 30 at 5:33AM
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 Realty Masters & Associates
Investment Insights
Based on property information with market context.
This auto shop includes a 2,160-square-foot building with a front office, customer waiting area, inventory and storage room, and two restrooms. The property provides vehicle storage inside the shop and behind the building, with the rear area secured by a sliding iron gate. A separate large parcel across the alley provides customer parking.
The operation offers tire sales and general automotive services, including brake work, oil changes, air-conditioning repair, preventive maintenance, engine and transmission replacement, and wheel alignments. In-house alignment service is part of the existing operation. The sale includes both the business and real estate. The property was built in 1929 and is located in Colton near the 10 and 215 freeways.
The operation offers tire sales and general automotive services, including brake work, oil changes, air-conditioning repair, preventive maintenance, engine and transmission replacement, and wheel alignments. In-house alignment service is part of the existing operation. The sale includes both the business and real estate. The property was built in 1929 and is located in Colton near the 10 and 215 freeways.
Key Highlights
- 2,160 SF auto repair building constructed in 1929
- Business sale includes the real estate
- Separate large parcel across the alley provides customer parking
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
$30,961
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
4.99%
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%
$619,220
$619.2K
Cap Rate 7%
$442,300
$442.3K
Cap Rate 9%
$344,011
$344.0K
Market Conditions
NOI Build-Up for 2,160 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
$46.7K $21.60/SF
− Vacancy
−$2.4K −$1.12/SF
EGI
$44.2K $20.48/SF
− OpEx
−$13.3K −$6.14/SF
NOI
$31.0K $14.33/SF
Area
San Bernardino County, CA
Vacancy
5.20%
Lease Rate
$21.60 /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%
$619,220
Cap Rate 7%
$442,300
Cap Rate 9%
$344,011
Alternative Uses
Best Use
Retail
$442.3K
$387.0K – $516.0K
NOI $30,961 @ 7.0% cap · market cap 4.99%
Second Best
Industrial
$253.4K
$221.7K – $295.6K
NOI $17,738 @ 7.0% cap · market cap 2.86%
Theoretical Best
Office A
$455.6K
$398.7K – $531.6K
NOI $31,893 @ 7.0% cap · market cap 5.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
120k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Groceries 38%
Shops & Services 8%
Electronics 2%
Stater Bros. Markets
Groceries
45,447 visits/mo
0.5 miles
McDonald's
Dining
26,463 visits/mo
0.5 miles
Starbucks
Dining
25,187 visits/mo
0.4 miles
Mobil
Shops & Services
8,823 visits/mo
0.4 miles
Denny's
Dining
8,498 visits/mo
0.4 miles
Demographics for 92324, CA
58,626
Population
19,150
Households
3.1
Avg Household Size
33
Median Age
16%
College-Educated
75%
High-School Grad
27.8 sq mi
ZIP Area
2,109
Density / Sq Mi
$69,419
Median Household Income
$36,956
Median Earnings
$1,600
Median Rent
$413,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Full-service tire and automotive repair operation with on-site wheel alignment capability.
Where is this auto shop located?
The property is located at 455 South La Cadena Drive Colton, CA.
What is the asking price?
The asking price for this property is $619,900.
What are key features of this property?
This property features: 2,160 SF auto repair building constructed in 1929; Business sale includes the real estate; Separate large parcel across the alley provides customer parking
