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    300 E Main Street Eastland, TX 76448

    View on Map
    For Sale
    $1,200,000

    Business - Eastland, TX

    Type:Business
    Lot size:
    1.14 Acres
    Added:
    Oct 24, 2025
    Days on Market:
    160
    Last Refresh:
    Apr 1 at 4:06 pm

    Property Features for 300 E Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Parking features
    Covered
    Standard status
    Active
    APN
    0012562
    Lot size
    1.14 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2007
    Flooring type
    Concrete
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Rylan Harrison

    Listing agent Rylan Harrison License #0639448

    Listing office Harrison Properties 9982 Hwy 6, Ranger, TX

    Listing date Oct 24, 2025

    MLS# 21095544 Listing URL

    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.

    Overview

    Eastland Auto Repair Business Opportunity

    An auto repair business and property are available for acquisition in a prime downtown Eastland location. Established in 1966, this family-owned and operated company offers a turnkey opportunity to continue its legacy of service. The property benefits from a high-traffic area with excellent visibility and accessibility. Constructed in 2007, the modern facility is a purpose-built and fully equipped mechanic shop. The spacious layout includes multiple service bays, offices, a reception area, and an employee break room. This sale represents a chance to acquire both the real estate and a thriving business in a visible and convenient location. The property encompasses 1.14 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mangum Service Center Auto Repair Shop Twice The Ice Big Box & Wholesale Store Enhabit Home Health Home Health Care Service DANIEL MICHAEL BRUDNAK Pediatrician

    Suggested Use

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

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

    Similar Places Nearby

    • Boone mobile mechanic and small engine repair — I called the number and he said in, Eastland, TX 76448
    • Everisto's Tire and Appliance — 305 E Main St #2829, Eastland, TX 76448
    • Lee Tires Interstate Batteries — 500 W Main St, Eastland, TX 76448
    • Kennedy Tire And Wheel — 701-799 Hwy 6, Eastland, TX 76448
    • Main Street Oil & Lube — 802 W Main St, Eastland, TX 76448

    Location Insight

    • Map
    • Local Demand
    City
    Eastland
    County
    Eastland
    State
    Texas
    Longitude
    -98.816088
    Latitude
    32.402172

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    FAQs

    What type of property is this?
    Auto shop - Established auto repair business and property for sale in Eastland.
    Where is this auto shop located?
    The property is located at 300 E Main Street Eastland, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Prime Downtown Eastland Location with high visibility and accessibility.; Established auto repair business with a trusted reputation and loyal customer base since 1966.; Turnkey operation ready for immediate continuation of business.
    (254) 631-3200
    We can help!
    Listing Contact
    Rylan Harrison
    Real Estate License ID: 0639448
    Learn More
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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.

    More about this property
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