Gas Station
For Sale
$820,000
726 South Avenue, Gustine, CA 95322
The property was built in 2006 and carries C-N zoning.
Property Size5,000 SF
Days on Market45
Property Features for 726 South Avenue
General Information
Standard status
Active
Size
5,000 SF
Zoning
c-N
Amenities
Manager's Office, Patio, Restroom(s)-Private, Display Window, Dumpster, Washer/Dryer Owned
Wall Unit(s), Varies by Unit
Varies by Unit
Open
Building Details
Building Size
5,000 SF
Year Built
2006
Listing Agency:
Keller Williams Realty Office
(408) 806-6828
Listed By:
Rochelle A. Popovits · License #02012657
(408) 806-6828
Source:
Evrealestate
Added: Jul 17
Changed: Aug 30
Last Checked: Aug 30 at 8:53AM
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 Office
Investment Insights
Based on property information with market context.
This gas station property at 726 South Avenue in Gustine, California, was constructed in 2006. The site is identified within Merced County and carries C-N zoning. Interior features are described as varying by unit, with wall-mounted units noted in the property information.
Key Highlights
- Gas station property at 726 South Avenue, Gustine, CA 95322
- Constructed in 2006
- C‑N zoning
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
$32,490
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
3.96%
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%
$649,800
$649.8K
Cap Rate 7%
$464,143
$464.1K
Cap Rate 9%
$361,000
$361.0K
Market Conditions
NOI Build-Up for 5,000 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
$49.8K $9.96/SF
− Vacancy
−$3.4K −$0.68/SF
EGI
$46.4K $9.28/SF
− OpEx
−$13.9K −$2.78/SF
NOI
$32.5K $6.50/SF
Area
Merced County, CA
Vacancy
6.80%
Lease Rate
$9.96 /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%
$649,800
Cap Rate 7%
$464,143
Cap Rate 9%
$361,000
Alternative Uses
Best Use
Specialty Retail
$1.08M
$948.7K – $1.26M
NOI $75,897 @ 7.0% cap · market cap 9.26%
Second Best
Industrial
$464.1K
$406.1K – $541.5K
NOI $32,490 @ 7.0% cap · market cap 3.96%
Theoretical Best
Healthcare Medical
$1.10M
$965.3K – $1.29M
NOI $77,220 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
256
Businesses Nearby
36k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 50%
McDonald's
Dining
16,091 visits/mo
0.4 miles
Family Dollar
Shops & Services
6,045 visits/mo
0.3 miles
Chevron
Shops & Services
3,963 visits/mo
0.4 miles
Sinclair
Shops & Services
3,905 visits/mo
0.1 miles
Watermill Express
Shops & Services
1,971 visits/mo
0.4 miles
Demographics for 95322, CA
10,381
Population
3,785
Households
2.7
Avg Household Size
34
Median Age
9%
College-Educated
72%
High-School Grad
169.4 sq mi
ZIP Area
61
Density / Sq Mi
$64,104
Median Household Income
$32,460
Median Earnings
$1,270
Median Rent
$433,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Gas station - The property was built in 2006 and carries C-N zoning.
Where is this gas station located?
The property is located at 726 South Avenue Gustine, CA.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: Gas station property at 726 South Avenue, Gustine, CA 95322; Constructed in 2006; C‑N zoning
