Auto Body Shop and Warehouse
For Sale
$900,000
6895 Old Hwy 53, Clearlake, CA 95422
Two commercial buildings along Old Highway 53 include an auto body shop with spray booth and a separate-utilities warehouse with office.
Property Size6,384 SF
Price / SF$140.98
Days on Market95
Property Features for 6895 Old Hwy 53
General Information
Standard status
Active
Size
6,384 SF
Site & Location
Road Access
Yes
Utilities to Site
Yes
Listing Agency:
Safer Properties
Listed By:
Eric Sory · License #02230649
(707) 228-7516
Source:
Myfabuloushome
Added: Jul 24
Changed: Oct 25
Last Checked: Oct 24 at 6:25PM
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 Safer Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering includes two separate commercial buildings on one property, with the first building serving as an auto body shop. The building includes a spray booth built inside, supporting automotive-focused operations. The second building has been used as a warehouse and includes office space. The property also features its own separate utilities.
The buildings are located along Old Highway 53, providing convenient access along a primary commercial corridor. The property is zoned for commercial use, and potential uses may include business, retail, office, service, and other commercial activities, subject to applicable zoning regulations and City approvals.
Buyers should independently verify zoning, permitted uses, development potential, utilities, property dimensions, and all other property information with the City of Clearlake and appropriate governmental agencies.
The buildings are located along Old Highway 53, providing convenient access along a primary commercial corridor. The property is zoned for commercial use, and potential uses may include business, retail, office, service, and other commercial activities, subject to applicable zoning regulations and City approvals.
Buyers should independently verify zoning, permitted uses, development potential, utilities, property dimensions, and all other property information with the City of Clearlake and appropriate governmental agencies.
Key Highlights
- Two commercial buildings along Old Highway 53 in Clearlake
- ~5,400 SF building previously used as an auto body shop with an internal spray booth
- Second building used as a warehouse with office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,115
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,582,300
$1.6M
Cap Rate 7%
$1,130,214
$1.1M
Cap Rate 9%
$879,056
$879.1K
Market Conditions
NOI Build-Up for 6,384 SF
Gross rent
$118.0K $18.48/SF
− Vacancy
−$5.0K −$0.78/SF
EGI
$113.0K $17.70/SF
− OpEx
−$33.9K −$5.31/SF
NOI
$79.1K $12.39/SF
Area
Lake County, CA
Vacancy
4.20%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,582,300
Cap Rate 7%
$1,130,214
Cap Rate 9%
$879,056
Alternative Uses
Best Use
Retail
$1.13M
$988.9K – $1.32M
NOI $79,115 @ 7.0% cap · market cap 8.79%
Second Best
Industrial
$748.9K
$655.3K – $873.7K
NOI $52,424 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$2.56M
$2.24M – $2.99M
NOI $179,358 @ 7.0% cap · market cap 19.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95422, CA
17,017
Population
7,890
Households
2.2
Avg Household Size
38
Median Age
8%
College-Educated
80%
High-School Grad
26.9 sq mi
ZIP Area
633
Density / Sq Mi
$42,080
Median Household Income
$28,945
Median Earnings
$1,162
Median Rent
$206,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Burrell's Automotive — 7070 Old Hwy 53, Clearlake, CA 95422
- Walmart Auto Care Centers — 15960 Dam Rd, Clearlake, CA 95422
- C & G AUTO BODY — 6985 Old Hwy 53, Clearlake, CA 95422
- Gustafson Enterprise LLC — 6965 Old Hwy 53, Clearlake, CA 95422
- Augie's Auto & Boat Upholstery — 5647 Jones Ave, Clearlake, CA 95422
Frequently Asked Questions
What type of property is this?
Auto shop - Two commercial buildings along Old Highway 53 include an auto body shop with spray booth and a separate-utilities warehouse with office.
Where is this auto shop located?
The property is located at 6895 Old Hwy 53 Clearlake, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Two commercial buildings along Old Highway 53 in Clearlake; ~5,400 SF building previously used as an auto body shop with an internal spray booth; Second building used as a warehouse with office space
