Automotive Repair Shop with Roll-Up
For Sale
$849,000
727 E Center Avenue, Visalia, CA 93292
COMMERCIAL - Visalia, CA
Property Size7,500 SF
Lot Size0.18 Acres
Price / SF$113.20
Days on Market282
Property Features for 727 E Center Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Half bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Directions
From Mineral King Ave, North on Santa Fe St, East on Center St, property is on the Corner of Center St and Liberty.
Subdivision
Visalia NE
Standard status
Active
APN
094232005000
Size
7,500 SF
Lot size
0.18 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
Two private offices
Three dedicated storage rooms
Mezzanine storage
Two bathrooms
Air compressor with multiple outlets
Evaporative coolers
Gas heaters
Two large drive-in doors
Building Details
Year built
1971
Flooring type
Concrete
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
The Equity Group
(559) 732-8800
Listed By:
Jason D Ritchie · License #01948820
(559) 343-3049
Added: Nov 5, 2025
Changed: Aug 4
Last Checked: Aug 14 at 7:06PM
MLS# 238241
Copyright © 2026 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Automotive repair shop facility designed for automotive or collision repair and other light industrial uses. The layout includes two private offices, three dedicated storage rooms, and additional mezzanine storage above the office area, along with two bathrooms. The shop is fully plumbed for air and includes an air compressor with multiple outlets. Vehicle and equipment access is supported by two large drive-in roll-up doors.
The building includes climate control with evaporative coolers in the shop area and gas heaters, with central heating and central air also listed. Construction features metal siding, a metal roof, and concrete flooring. The property is on public water and served by public sewer.
Built in 1971, the facility sits on a 0.18-acre lot and totals 7,500 square feet at 727 E Center Avenue in Visalia, CA 93292.
The building includes climate control with evaporative coolers in the shop area and gas heaters, with central heating and central air also listed. Construction features metal siding, a metal roof, and concrete flooring. The property is on public water and served by public sewer.
Built in 1971, the facility sits on a 0.18-acre lot and totals 7,500 square feet at 727 E Center Avenue in Visalia, CA 93292.
Key Highlights
- 7,500 SF automotive repair shop on a 0.18‑acre lot
- Two large drive‑in roll‑up doors for vehicle and equipment access
- Fully plumbed for air with an air compressor and multiple outlets
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
$74,201
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
8.74%
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%
$1,484,020
$1.5M
Cap Rate 7%
$1,060,014
$1.1M
Cap Rate 9%
$824,456
$824.5K
Market Conditions
NOI Build-Up for 7,500 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
$117.0K $15.60/SF
− Vacancy
−$11.0K −$1.47/SF
EGI
$106.0K $14.13/SF
− OpEx
−$31.8K −$4.24/SF
NOI
$74.2K $9.89/SF
Area
Visalia, CA
Vacancy
9.40%
Lease Rate
$15.60 /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%
$1,484,020
Cap Rate 7%
$1,060,014
Cap Rate 9%
$824,456
Alternative Uses
Best Use
Retail
$1.53M
$1.34M – $1.78M
NOI $107,050 @ 7.0% cap · market cap 12.61%
Second Best
Industrial
$1.06M
$927.5K – $1.24M
NOI $74,201 @ 7.0% cap · market cap 8.74%
Theoretical Best
Office A
$2.05M
$1.80M – $2.40M
NOI $143,820 @ 7.0% cap · market cap 16.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93292, CA
43,316
Population
15,028
Households
2.9
Avg Household Size
34
Median Age
18%
College-Educated
84%
High-School Grad
114.7 sq mi
ZIP Area
378
Density / Sq Mi
$80,784
Median Household Income
$40,834
Median Earnings
$1,418
Median Rent
$330,600
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.
Similar Off Market Nearby
- Masters Paint & Body — 730 S Bridge St, Visalia, CA 93277
- Discount Glass of Visalia Inc — 823 S Bridge St, Visalia, CA 93277
- Visalia Toyota Service Center — 922 S Ben Maddox Way, Visalia, CA 93292
- Giant Chevrolet Service — 1001 S Ben Maddox Way, Visalia, CA 93292
- Valley Diesel Repair & Roadservice — 702 S Bridge St, Visalia, CA 93277
Frequently Asked Questions
What type of property is this?
Auto shop - Functional auto repair facility with two drive-in roll-up doors, private offices, storage rooms, and HVAC for year-round use.
Where is this auto shop located?
The property is located at 727 E Center Avenue Visalia, CA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 7,500 SF automotive repair shop on a 0.18‑acre lot; Two large drive‑in roll‑up doors for vehicle and equipment access; Fully plumbed for air with an air compressor and multiple outlets
