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    Auto Repair and Service Shop Title is generated by Realmo AI

    1401 Oak Knoll Drive, Haltom City, TX 76117

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    For Lease
    $2,250 /Mo

    COMMERCIAL - Haltom City, TX

    Type:Retail
    Lot size:
    0.10 Acres
    Added:
    May 4, 2026
    Days on Market:
    31
    Last Refresh:
    Jun 3 at 11:06 pm

    Property Features for 1401 Oak Knoll Drive

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Parking features
    Parking Lot, Garage
    Standard status
    Active
    APN
    02021072
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Description
    OAK KNOLL ADDITION BLOCK 2 LOT 10B

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1940
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete, Laminate, Tile
    Building materials
    Stucco
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Genise Flores

    Listing agent Genise Flores License #0669899

    Listing office Lakeshore Real Estate Rockwall, TX

    Listing date May 4, 2026

    MLS# 21227233

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • C‑3 zoned commercial building in Haltom City, currently vacant; previously leased as a dent repair shop.
    • Corner location with access from major roadways; includes a large office, reception area, and multiple workspaces.
    • Garage with two roll‑up doors plus parking lot parking, suited for automotive, repair, storage, or service use.
    • New roof and new HVAC units; remodeled bathrooms and kitchen.
    • Utilities: public water and public sewer; central cooling and heating.
    • NN lease details: $1,995/month plus $255 escrow for property taxes (priced at $2,250/month).

    Overview

    This well-maintained, currently vacant commercial shop is suited to automotive and service operations. The property was previously leased as a dent repair shop and includes a large office, reception area, and multiple workspaces. For comfort and reliability, it features a new roof and new HVAC units, along with recently remodeled bathrooms and a remodeled kitchen. A garage area with two roll-up doors supports hands-on work and vehicle-related storage, with the overall layout organized for both customer-facing space and operational workflow.

    Set on a corner location, the building offers strong visibility and access from major roadways. It is zoned C-3, giving it flexibility for a wide range of commercial uses, subject to applicable regulations. The offering is structured as an NN lease with monthly rent of $1,995 plus $255 escrowed for property taxes.

    The improvements and configuration make this a practical fit for operators seeking a service-capable facility with office support and roll-up door access. It also presents a solid opportunity for investors or owner-users looking to hold, occupy, or reposition in a corridor with broad commercial use potential. Owner financing is available for a qualified buyer.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

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

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

    Similar Places Nearby

    • IP Truck - Body Shop — 4400 Marsalis St, Fort Worth, TX 76117
    • Kenzie Towing Specialist — 3900 Race St, Fort Worth, TX 76111
    • F.W. Quality Tires — 766 N Beach St, Fort Worth, TX 76111
    • Walmart Auto Care Centers — 3851 Airport Fwy, Fort Worth, TX 76111
    • ER Road Service — 800 Haltom Rd, Fort Worth, TX 76117

    Location Insight

    • Map
    • Local Demand
    City
    Haltom City
    County
    Tarrant
    State
    Texas
    Longitude
    -97.280962
    Latitude
    32.781889

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    FAQs

    What type of property is this?
    Auto shop - Turn-key C-3 shop with office space and a two-door garage, positioned for automotive service, storage, or other commercial use.
    Where is this auto shop located?
    The property is located at 1401 Oak Knoll Drive Haltom City, TX.
    What is the lease rate?
    The lease rate is $2,250 /Mo.
    What are key features of this property?
    This property features: C‑3 zoned commercial building in Haltom City, currently vacant; previously leased as a dent repair shop.; Corner location with access from major roadways; includes a large office, reception area, and multiple workspaces.; Garage with two roll‑up doors plus parking lot parking, suited for automotive, repair, storage, or service use.
    (817) 946-1458
    We can help!
    Listing Contact
    Genise Flores
    Real Estate License ID: 0669899
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    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.

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