Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Home Base Business Garden Grove, CA 92840

    • Retail properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Home Base Business

    Property type
    Retail properties
    Property subtype
    Auto shops

    Description

    This profitable, established car rental business in Garden Grove, CA (zip code 92840) is offered at $350,000. The sale includes 22 Toyota Prius vehicles, significantly reducing the initial investment required. The business operates with minimal hassle, leveraging the services of HyreCar and Turo for reservations, accounting, advertising, and insurance management. This streamlined approach allows for efficient operation and reduced administrative overhead. The seller handles all maintenance and repairs, ensuring the fleet remains in optimal condition. Comprehensive training is provided to the new owner, facilitating a smooth transition and ensuring continued success. This turnkey operation presents a unique opportunity for an investor seeking a low-maintenance, high-return venture in the thriving California car rental market. The business is located at a Home Base Business address in Garden Grove. This is a retail property offering a well-established and profitable business model with significant assets included in the sale price. The business is ready for immediate operation, requiring minimal effort from the new owner. This is an exceptional opportunity to acquire a successful and easily managed car rental business with a substantial fleet of vehicles.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Garden Grove
    County
    Orange
    State
    California
    Longitude
    -117.934
    Latitude
    33.7877

    Comparable in this City

    • Value Estimation
      $885,000
      4,487 SF

      12940 Joy St

      AUTO REPAIR, GARAGE • 4,487 SF
      12940 Joy St, Garden Grove, CA 92840-6308
      View Details
    • Value Estimation
      $2,040,000
      4,092 SF

      10571 Acacia Ave

      AUTO REPAIR, GARAGE • 4,092 SF
      10571 Acacia Ave, Garden Grove, CA 92840-6304
      View Details
    • Value Estimation by Request
      2,240 SF

      10551 Acacia Ave

      AUTO REPAIR, GARAGE • 2,240 SF
      10551 Acacia Ave, Garden Grove, CA 92840-6304
      View Details
    • Value Estimation
      $1,525,000
      2,593 SF

      10660 Stanford Ave

      AUTO REPAIR, GARAGE • 2,593 SF
      10660 Stanford Ave, Garden Grove, CA 92840-5033
      View Details
    • Value Estimation by Request
      6,400 SF

      12776 Nutwood St

      AUTO REPAIR, GARAGE • 6,400 SF
      12776 Nutwood St, Garden Grove, CA 92840-6310
      View Details
    • Value Estimation
      $655,000
      14,620 SF

      10501 Stanford Ave

      AUTO REPAIR, GARAGE • 14,620 SF
      10501 Stanford Ave, Garden Grove, CA 92840-5030
      View Details

    Similar Nearby for Sale

    • $999,000
      Pending

      Garden Grove Commercial Building For Sale

      Well-maintained commercial building with four units in Garden Grove, CA.
      10622 Katella Ave, Garden Grove, CA 92840
      View Details
    • $2,300,000

      Retail Property on Corner Lot

      Retail property on a large corner lot with high visibility.
      10092 Chapman Ave, Garden Grove, CA 92840
      View Details
    • $568,800

      Charming Condo Near Disneyland

      Move-in ready condo with modern amenities and convenient location.
      12842 Palm St, Garden Grove, CA 92840
      View Details
    • $1,349,000

      Garden Grove Specialty Property

      Specialty property for sale in Garden Grove, California.
      12332 Euclid St, Garden Grove, CA 92840
      View Details
    • $179,900

      Well-Maintained Mobile Home

      Mobile home near schools, shopping, and amenities.
      12861 West St, Garden Grove, CA 92840
      View Details
    • Contact for pricing

      Garden Grove Renovated Apartment Building

      Renovated apartment building in desirable Garden Grove rental market.
      12551 Nutwood St, Garden Grove, CA 92840
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr
      152,060 SF

      Pavilion Plaza Retail Center

      Garden Grove retail space available
      12085 Brookhurst St, Garden Grove, CA 92840
      View Details
    • $2 SF/Yr
      1,600 SF

      New Retail Space on Katella

      Brand new retail building in Garden Grove near Disneyland.
      9478 Katella Ave, Garden Grove, CA 92840
      View Details
    • Contact for pricing
      2,878 SF

      Freestanding Building Ideal for Retail

      Freestanding building suitable for retail, office, or fitness uses.
      10102 Stanford Ave, Garden Grove, CA 92840
      View Details
    • Contact for pricing
      4,995 SF

      Industrial Space with Fenced Yard

      Multi-tenant industrial building with a large fenced yard.
      10692-10694 Stanford Ave, Garden Grove, CA 92840
      View Details
    • Contact for pricing

      Industrial Property Fully Leased

      Industrial property in Garden Grove, CA, currently 100% leased.
      10601-10613 Acacia Ave, Garden Grove, CA 92840
      View Details
    • Contact for pricing
      148,270 SF

      12361 Lewis St

      Office Properties & Spaces • 148,270 SF
      12361 Lewis St, Garden Grove, CA 92840
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Home Base Business
    Garden Grove, CA 92840
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.