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    Automotive Shop with Spray Booth Title is generated by Realmo AI

    8740 Park St, Bellflower, CA

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    Freestanding automotive shop with permitted spray booth near 91 Freeway.

    Type:INDUSTRIAL
    Property size:
    7,000 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $285/SF
    Added:
    Oct 7, 2024
    Days on Market:
    613
    Last Refresh:
    May 19 at 8:59 pm

    Property Features for 8740 Park St

    General Information

    Standard status
    Active
    Size
    7,000 SF
    Lot size
    0.34 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Noël Aguirre
    Noël Aguirre

    Listing agent Noël Aguirre License #01263417

    Listing office Lee & Associates Los Angeles – Long Beach Inc.

    Listing date Oct 7, 2024

    Source Moodyscre

    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 Lee & Associates Los Angeles – Long Beach Inc.

    HighLights

    • Free standing automotive shop
    • Permitted spray booth
    • Six oversized ground level doors
    • One block from 91 freeway
    • Shared fenced lot

    Overview

    This freestanding automotive shop, totaling 7,000 square feet, is available for sale. The property features a permitted spray booth and a shared fenced lot. It is equipped with six oversized ground-level doors. The location is one block from the 91 Freeway.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $236.9k $33.84
    − Vacancy −$15.6k −$2.23
    EGI $221.2k $31.61
    − OpEx −$66.4k −$9.48
    NOI $154.9k $22.12
    7,000 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.21M
    $1.94M – $2.58M (±1% cap)
    NOI $154,872 @ 7.0% cap · market cap 7.76%
    Second Best
    Industrial
    $1.17M
    $1.02M – $1.36M (±1% cap)
    NOI $81,803 @ 7.0% cap · market cap 4.10%
    Theoretical Best
    Office A
    $3.75M
    $3.28M – $4.37M (±1% cap)
    NOI $262,344 @ 7.0% cap · market cap 13.15%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tino's Auto Body ... Auto Repair Shop 5 Stars Automotive Auto Repair Shop BENZTEC Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • DA AUTO CENTER — 9733 Cedar St Unit#A, Bellflower, CA 90706
    • Mechanic — 9730 Ramona St, Bellflower, CA 90706
    • DA Auto Center (Sun Auto) — 9733 cedar st unit#a, bellflower, ca 90706
    • Penske Buick GMC of Cerritos Service Center — 18400 Studebaker Rd, Cerritos, CA 90703
    • Eurotech Refinishing & Collision Inc. — 18201 Studebaker Rd, Cerritos, CA 90703

    Location Insight

    • Map
    • Local Demand
    City
    Bellflower
    County
    Los Angeles
    State
    California
    Longitude
    -118.147
    Latitude
    33.8783

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    FAQs

    What type of property is this?
    Auto shop - Freestanding automotive shop with permitted spray booth near 91 Freeway.
    Where is this auto shop located?
    The property is located at 8740 Park St Bellflower, CA.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: Free standing automotive shop; Permitted spray booth; Six oversized ground level doors
    (562) 895-0317 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Noël Aguirre
    Noël Aguirre
    Real Estate License ID: 01263417
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