Sacramento Auto Repair
For Sale
Contact for pricing
2431 Fruitridge Rd, Sacramento, CA 95822
Freestanding auto repair shop on Fruitridge Road for sale.
Property Size6,225 SF
Lot Size0.28 Acres
Price / SF$265.06
Days on Market899
Property Features for 2431 Fruitridge Rd
General Information
Standard status
Active
Size
6,225 SF
Class
C
Lot size
0.28 Acres
Property subtype
Industrial
Zoning
C-2
Investment Type
Owner/User
Building Details
Year Built
1965
Year Renovated
2021
Buildings
1
Stories
1
Units
1
Listing Agency:
Marcus & Millichap - Sacramento
Listed By:
Ross Relles, III · License #01975497
Source:
Crexi
Added: Mar 12, 2024
Changed: Aug 12
Last Checked: Aug 26 at 2:22PM
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.
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
$96,544
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
5.85%
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%
$1,930,880
$1.9M
Cap Rate 7%
$1,379,200
$1.4M
Cap Rate 9%
$1,072,711
$1.1M
Market Conditions
NOI Build-Up for 6,225 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
$146.4K $23.52/SF
− Vacancy
−$8.5K −$1.36/SF
EGI
$137.9K $22.16/SF
− OpEx
−$41.4K −$6.65/SF
NOI
$96.5K $15.51/SF
Area
ZIP 95822
Vacancy
5.80%
Lease Rate
$23.52 /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%
$1,930,880
Cap Rate 7%
$1,379,200
Cap Rate 9%
$1,072,711
Alternative Uses
Best Use
Retail
$1.38M
$1.21M – $1.61M
NOI $96,544 @ 7.0% cap · market cap 5.85%
Second Best
Industrial
$675.0K
$590.6K – $787.5K
NOI $47,247 @ 7.0% cap · market cap 2.86%
Theoretical Best
Hotel Hospitality
$48.52M
$42.45M – $56.60M
NOI $3,396,203 @ 7.0% cap · market cap 205.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
626
Businesses Nearby
24k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 96%
Electronics 4%
7-Eleven
Shops & Services
11,496 visits/mo
0.1 miles
Chevron
Shops & Services
5,185 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
4,318 visits/mo
0.5 miles
ExtraMile
Shops & Services
1,970 visits/mo
0.1 miles
Boost Mobile
Electronics
907 visits/mo
0.2 miles
Demographics for 95822, CA
45,215
Population
17,479
Households
2.6
Avg Household Size
38
Median Age
28%
College-Educated
85%
High-School Grad
8.4 sq mi
ZIP Area
5,383
Density / Sq Mi
$80,835
Median Household Income
$44,004
Median Earnings
$1,537
Median Rent
$438,400
Median Home Value
Market
Vacancy Rate% for Retail in Sacramento, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Tire Place — 5980 24th St, Sacramento, CA 95822
- ANV Custom Auto Body & Repair — 6039 Franklin Blvd Suite 1, Sacramento, CA 95824
- PG Auto — 6039 Franklin Blvd Unit B, Sacramento, CA 95824
- A1CurbSideAuto (DANIEL BELTRAN) — 2960 33rd Ave, Sacramento, CA 95824
- Certified Collision Center — 5750 Franklin Blvd, Sacramento, CA 95824
Frequently Asked Questions
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.
