Sacramento Auto Repair Shop

2431 Fruitridge Rd Sacramento, CA 95822

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Freestanding auto repair shop on Fruitridge Road for sale.

Type:Industrial
Property size:
6,225 SF
Lot size:
0.28 Acres
Price / SF:
$265/SF
Added:
Mar 12, 2024
Days on Market:
852
Last Refresh:
Jul 4 at 11:34 am

Property Features for 2431 Fruitridge Rd

General Information

Standard status
Active
Size
6,225 SF
Lot size
0.28 Acres
Property subtype
Industrial

Building Details

Year Built
1965

Listing office Marcus & Millichap - Sacramento

Listing date Mar 12, 2024

Source Crexi

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 Marcus & Millichap - Sacramento


Investment Insights

Based on property information with market context.

The subject property is a freestanding commercial auto repair and smog shop building. Constructed in 1965, the building is approximately 6,225 square feet and is situated on a lot of approximately 12,044 square feet. The property is zoned C-2, allowing for a wide variety of uses. The property is located on Fruitridge Road, east of the intersection with 24th Street, and approximately 0.5 miles from Highway 99. It is located in Sacramento, California.

Key Highlights

  • Freestanding commercial building suitable for auto repair and smog shop.
  • Located on Fruitridge Road, with high visibility and accessibility.
  • Close proximity (±0.5 miles) to Highway 99.

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 $146.4k $23.52
− Vacancy −$8.5k −$1.36
EGI $137.9k $22.16
− OpEx −$41.4k −$6.65
NOI $96.5k $15.51
6,225 SF · lease $23.52/SF/yr · vacancy 5.80% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,544 @ 7.0% cap · market cap 5.85%
Second Best
Industrial
$675.0K
$590.6K – $787.5K (±1% cap)
NOI $47,247 @ 7.0% cap · market cap 2.86%
Theoretical Best
Hotel Hospitality
$48.52M
$42.45M – $56.60M (±1% cap)
NOI $3,396,203 @ 7.0% cap · market cap 205.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Intoxalock Ignition Interlock Building Supply Unitech Auto Repair ... Auto Repair Shop Low Cost Ignition ... Building Supply

Suggested Use

Law Firm Parking Lot & Garage HVAC Service Skin Care Clinic Garden Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store

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

Similar Off Market Nearby

  • ANV Custom Auto Body & Repair — 6039 Franklin Blvd Suite 1, Sacramento, CA 95824
  • Autobahn Performance — 6101 Franklin Blvd, Sacramento, CA 95824
  • Wrap Master — 3540 42nd Ave, Sacramento, CA 95824
  • Tire Place — 5980 24th St, Sacramento, CA 95822
  • PG Auto — 6039 Franklin Blvd Unit B, Sacramento, CA 95824

FAQs

What type of property is this?
Auto shop - Freestanding auto repair shop on Fruitridge Road for sale.
Where is this auto shop located?
The property is located at 2431 Fruitridge Rd Sacramento, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Freestanding commercial building suitable for auto repair and smog shop.; Located on Fruitridge Road, with high visibility and accessibility.; Close proximity (±0.5 miles) to Highway 99.
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