Fenced Auto Shop
New
For Sale
$400,000
7026 Xavier Ave, California City, CA 93505
C2-zoned commercial property with an enclosed yard, storage areas, and improvements configured for automotive and RV repair.
Property Size2,520 SF
Lot Size0.78 Acres
Price / SF$158.73
Days on Market3
Property Features for 7026 Xavier Ave
General Information
Standard status
Active
Size
2,520 SF
Lot size
0.78 Acres
Property subtype
Industrial
Zoning
C2
Additional Details
Fenced Yard
Yes
Taxes and HOA fees
Annual Taxes
$2,827
Amenities
storage areas
Building Details
Building Size
2,520 SF
Year Built
1994
Buildings
1
Units
2520
Listing Agency:
Listed By:
Cameron Miller
Source:
Elliman
Added: Aug 14
Changed: Aug 15
Last Checked: Aug 15 at 3:44AM
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 Cameron Miller
Investment Insights
Based on property information with market context.
Located at 7026 Xavier Ave in California City, this commercial property combines three contiguous C2-zoned parcels with a 2,520-square-foot building constructed in 1994. The improvements are arranged for automotive and RV repair, while the site includes storage areas, parking, and a fully enclosed yard spanning the parcels. The total land area is approximately 34,572 square feet, or 0.78 acre.
The property sits at the entry to California City with access from Xavier Ave and visibility from the surrounding roadway network. Its established use as an RV repair, maintenance, and sales location has served customers from Lancaster-Palmdale, Tehachapi, Bakersfield, Mammoth, and communities along Highway 395. The C2 designation and existing improvements support continued automotive service use as well as contractor yard, equipment storage, fleet staging, light industrial, retail, or office applications.
The property sits at the entry to California City with access from Xavier Ave and visibility from the surrounding roadway network. Its established use as an RV repair, maintenance, and sales location has served customers from Lancaster-Palmdale, Tehachapi, Bakersfield, Mammoth, and communities along Highway 395. The C2 designation and existing improvements support continued automotive service use as well as contractor yard, equipment storage, fleet staging, light industrial, retail, or office applications.
Key Highlights
- Three contiguous C2‑zoned parcels totaling approximately 34,572 sq. ft. (0.78 acre)
- 2,520 sq. ft. commercial building constructed in 1994
- Fully fenced yard extending across all three parcels
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
$31,034
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
7.76%
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%
$620,680
$620.7K
Cap Rate 7%
$443,343
$443.3K
Cap Rate 9%
$344,822
$344.8K
Market Conditions
NOI Build-Up for 2,520 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
$46.6K $18.48/SF
− Vacancy
−$2.2K −$0.89/SF
EGI
$44.3K $17.59/SF
− OpEx
−$13.3K −$5.28/SF
NOI
$31.0K $12.32/SF
Area
Kern County, CA
Vacancy
4.80%
Lease Rate
$18.48 /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%
$620,680
Cap Rate 7%
$443,343
Cap Rate 9%
$344,822
Alternative Uses
Best Use
Industrial
$443.3K
$387.9K – $517.2K
NOI $31,034 @ 7.0% cap · market cap 7.76%
Second Best
Retail
$355.7K
$311.2K – $415.0K
NOI $24,899 @ 7.0% cap · market cap 6.22%
Theoretical Best
Warehouse
$538.3K
$471.1K – $628.1K
NOI $37,684 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93505, CA
14,880
Population
5,352
Households
2.8
Avg Household Size
35
Median Age
11%
College-Educated
79%
High-School Grad
65.0 sq mi
ZIP Area
229
Density / Sq Mi
$55,010
Median Household Income
$32,590
Median Earnings
$1,016
Median Rent
$239,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Castro Towing — 7501 Xavier Ave, California City, CA 93505
- Schematic Electric LLC — 7851 Quezon Ave, California City, CA 93505
- Rom & Ben's RV Service — 7026 Xavier Ave, California City, CA 93505
Frequently Asked Questions
What type of property is this?
Auto shop - C2-zoned commercial property with an enclosed yard, storage areas, and improvements configured for automotive and RV repair.
Where is this auto shop located?
The property is located at 7026 Xavier Ave California City, CA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Three contiguous C2‑zoned parcels totaling approximately 34,572 sq. ft. (0.78 acre); 2,520 sq. ft. commercial building constructed in 1994; Fully fenced yard extending across all three parcels
