Auto Shop Buildings with Drive-Through
For Sale
Contact for pricing
703-707 Beach Ave, Marysville, WA 98270
Two detached auto shop buildings on a level lot with drive-through bay access, finished front office space, and paved parking.
Property Size4,800 SF
Lot Size0.30 Acres
Price / SF$197.92
Days on Market53
Property Features for 703-707 Beach Ave
General Information
Standard status
Active
Size
4,800 SF
Lot size
0.30 Acres
Property subtype
INDUSTRIAL
Additional Details
Utilities to Site
Yes
Amenities
drive through bay access
high vaulted ceilings
exposed wood truss framing
durable metal roofing
finished front office/reception area
rear service doors
shared center breezeway
generous paved parking
public sewer
public water
post lifts
Building Details
Year Built
1996
Buildings
2
Construction
metal
Listing Agency:
Keller Williams Realty - Marysville
(360) 653-1884
Listed By:
Anton Stetner · License #24133
(425) 923-7010
Source:
Moodyscre
Added: Jul 24
Changed: Sep 7
Last Checked: Sep 14 at 11:07AM
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 Keller Williams Realty - Marysville
Investment Insights
Based on property information with market context.
Two detached metal auto shop buildings totaling approximately 4,800 square feet combined are offered on a 13,068 square foot level lot. Built in 1996, the buildings share a center breezeway and each provides drive-through bay access with room for several vehicles. The bays feature high vaulted ceilings with exposed wood truss framing, durable metal roofing, and interior bay setups for post lifts, shop workbenches, parts storage, and shop equipment layout.
Each building includes a finished front office/reception area, with rear service doors designed for smoother vehicle flow in and out. Public sewer and public water service the site. The property also offers generous paved parking on both sides.
Currently configured as an automotive service facility, the layout supports a variety of owner-user uses, including auto repair, fabrication, warehousing, or other light industrial applications in a high-visibility Marysville location. Please do not disturb tenants.
Each building includes a finished front office/reception area, with rear service doors designed for smoother vehicle flow in and out. Public sewer and public water service the site. The property also offers generous paved parking on both sides.
Currently configured as an automotive service facility, the layout supports a variety of owner-user uses, including auto repair, fabrication, warehousing, or other light industrial applications in a high-visibility Marysville location. Please do not disturb tenants.
Key Highlights
- Two detached metal buildings totaling approximately 4,800 SF combined
- 13,068 SF level lot with generous paved parking on both sides
- Drive‑through bay access with room for several vehicles
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
$67,641
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
7.12%
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%
$1,352,820
$1.4M
Cap Rate 7%
$966,300
$966.3K
Cap Rate 9%
$751,567
$751.6K
Market Conditions
NOI Build-Up for 4,800 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
$103.7K $21.60/SF
− Vacancy
−$7.1K −$1.47/SF
EGI
$96.6K $20.13/SF
− OpEx
−$29.0K −$6.04/SF
NOI
$67.6K $14.09/SF
Area
Snohomish County, WA
Vacancy
6.80%
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%
$1,352,820
Cap Rate 7%
$966,300
Cap Rate 9%
$751,567
Alternative Uses
Best Use
Retail
$966.3K
$845.5K – $1.13M
NOI $67,641 @ 7.0% cap · market cap 7.12%
Second Best
Industrial
$666.0K
$582.8K – $777.0K
NOI $46,620 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,705 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,337
Businesses Nearby
304k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 26%
Groceries 13%
Apparel 10%
McDonald's
Dining
48,234 visits/mo
0.2 miles
Albertsons
Groceries
38,600 visits/mo
0.4 miles
Burger King
Dining
23,050 visits/mo
0.3 miles
Wendy's
Dining
20,105 visits/mo
0.2 miles
Taco Bell
Dining
20,077 visits/mo
0.4 miles
Demographics for 98270, WA
51,969
Population
19,840
Households
2.6
Avg Household Size
37
Median Age
23%
College-Educated
93%
High-School Grad
14.3 sq mi
ZIP Area
3,634
Density / Sq Mi
$102,258
Median Household Income
$50,619
Median Earnings
$1,845
Median Rent
$540,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
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- Taller Mecanico Automotriz Las Aguilas — 1221 Fourth St, Marysville, WA 98270
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Frequently Asked Questions
What type of property is this?
Auto shop - Two detached auto shop buildings on a level lot with drive-through bay access, finished front office space, and paved parking.
Where is this auto shop located?
The property is located at 703-707 Beach Ave Marysville, WA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two detached metal buildings totaling approximately 4,800 SF combined; 13,068 SF level lot with generous paved parking on both sides; Drive‑through bay access with room for several vehicles
