Turn-Key Automotive Service
3408 St Michael Dr Texarkana, TX 75503
For Sale
$1,200,000
COMMERCIAL - Texarkana, TX
Property Size4,500 SF
Lot Size0.63 Acres
Price / SF$266.67
Days on Market88
Property Features for 3408 St Michael Dr
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 20
- Standard status
- Active
- Size
- 4,500 SF
- Lot size
- 0.63 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Concrete, Tile
- Building materials
- Metal Siding
- Roof type
- Metal
Listing Agency:
Rip England Premier Realty LLC
(903) 628-1234
Listed By:
Rip England · License #0568738
(903) 277-2121
Added: Apr 29
Changed: Jul 12
Last Checked: Jul 25 at 12:06PM
MLS# 101456
Copyright © 2026 Texarkana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property is currently set up as a turn-key maintenance operation or automotive facility and is being offered with pricing that includes all equipment. The building is approximately 4,500 square feet and is configured without any pits, which can support potential flexibility for other service-type business uses.
The property is located at 3408 St Michael Dr in Texarkana, Texas (Bowie County).
The property is located at 3408 St Michael Dr in Texarkana, Texas (Bowie County).
Key Highlights
- Building with metal roof and metal siding
- Central heating with natural gas and central air cooling
- Public water and public sewer services
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 | $112.3k | $24.96 |
| − Vacancy | −$5.6k | −$1.25 |
| EGI | $106.7k | $23.71 |
| − OpEx | −$32.0k | −$7.11 |
| NOI | $74.7k | $16.60 |
4,500 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.07M
$933.7K – $1.24M
NOI $74,693 @ 7.0% cap · market cap 6.22%
Second Best
Industrial
$331.0K
$289.7K – $386.2K
NOI $23,173 @ 7.0% cap · market cap 1.93%
Theoretical Best
Hotel Hospitality
$3.39M
$2.97M – $3.95M
NOI $237,263 @ 7.0% cap · market cap 19.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar Off Market Nearby
- Classic Car Wash & Lube Center — 4211 Mall Dr, Texarkana, TX 75501
- Mercedes-Benz of Texarkana — 804 Sowell Ln, Texarkana, TX 75501
- Classic Cadillac Texarkana — 4333 Mall Dr, Texarkana, TX 75503
- Take 5 Oil Change — 2021 Richmond Rd, Texarkana, TX 75501
- Gregg Orr Collision Texarkana — 924 N Kenwood Rd, Texarkana, TX 75501
FAQs
What type of property is this?
Auto shop - Automotive maintenance operation includes equipment and has no pits, offering flexibility for other service businesses.
Where is this auto shop located?
The property is located at 3408 St Michael Dr Texarkana, 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: Building with metal roof and metal siding; Central heating with natural gas and central air cooling; Public water and public sewer services
