Building Details

Year Built 1945

Buildings 1

Listing Agency: Wesely & Associates Show Phone

Listed By: Daniel Hopkins · License #02105900

Source: Thecentralvalleyhomesearch

Added: Aug 16, 2025 Changed: Aug 28 Last Checked: Aug 28 at 3:59PM

Report an Issue

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 Wesely & Associates

Investment Insights

Based on property information with market context.

This auto shop property includes a commercial building with two large overhead roll-up doors and an interior configured for automotive repair and related service operations. The improvements include a kitchen, two bathrooms, and a shower, supporting businesses whose crews spend part of the day in the field. The site is approximately one acre of level land with on-site parking.

Located at 4875 Black Oak Mine Rd in Garden Valley, the property offers visibility and access along Black Oak Mine Road. The CC zoning designation supports a range of commercial uses identified in the property information, while the existing automotive repair and car-lot configuration provides an established operational framework. The building was constructed in 1945.

Key Highlights

• Approximately one acre of level commercial land
• Two large overhead roll‑up doors
• Kitchen, two bathrooms, and a shower

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

$29,999

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

6.06%

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%

$599,980 $600.0K

Cap Rate 7%

$428,557 $428.6K

Cap Rate 9%

$333,322 $333.3K

Market Conditions

NOI Build-Up for 3,391 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

$46.0K $13.56/SF

− Vacancy

−$3.1K −$0.92/SF

EGI

$42.9K $12.64/SF

− OpEx

−$12.9K −$3.79/SF

NOI

$30.0K $8.85/SF

Area

El Dorado County, CA

Vacancy

6.80%

Lease Rate

$13.56 /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%

$599,980

Cap Rate 7%

$428,557

Cap Rate 9%

$333,322

Alternative Uses

Best Use

Retail

$689.2K

$603.1K – $804.1K (±1% cap)

NOI $48,247 @ 7.0% cap · market cap 9.75%

Second Best

Industrial

$428.6K

$375.0K – $500.0K (±1% cap)

NOI $29,999 @ 7.0% cap · market cap 6.06%

Theoretical Best

Specialty Retail

$1.21M

$1.06M – $1.41M (±1% cap)

NOI $84,864 @ 7.0% cap · market cap 17.14%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Saints Auto Sales Car Dealership MZ Affordable Auto ... Insurance Agency

Suggested Use

Top Pick Building Supply Plumbing Service (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

54

Businesses Nearby

2k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 100%

Garden Valley Feed And Hardware Home Improvements & Furnishings

2,316 visits/mo 0.2 miles

Demographics for 95633, CA

3,017

Population

1,225

Households

2.5

Avg Household Size

49

Median Age

18%

College-Educated

97%

High-School Grad

39.5 sq mi

ZIP Area

76

Density / Sq Mi

$82,500

Median Household Income

$83,026

Median Earnings

$2,174

Median Rent

$432,700

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Auto shop - CC-zoned commercial property with crew-oriented amenities, level land, and on-site parking along Black Oak Mine Road.

Where is this auto shop located?

The property is located at 4875 Black Oak Mine Rd Garden Valley, CA.

What is the asking price?

The asking price for this property is $495,000.

What are key features of this property?

This property features: Approximately one acre of level commercial land; Two large overhead roll‑up doors; Kitchen, two bathrooms, and a shower