Seven-Bay Auto
For Sale
$1,050,000
416 E Kennedale Parkway, Kennedale, TX 76060
CommercialSale, Kennedale, TX
Property Size3,612 SF
Lot Size0.45 Acres
Price / SF$290.70
Days on Market128
Property Features for 416 E Kennedale Parkway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Auto Care-Repair Garage Zoned OT-4 (Old Town 4) Old Town Mixed Use District Grandfathered Body Shop Future Zoning includes: Retail, Restaurants, Service, Offices
Parking features
Open, Parking Lot
Subdivision
Boaz Ca Sub Of J B Renfro
Directions
From 820 South to Abilene, Take the Kennedale and Mansfield Highway exit, Turn Left onto Mansfield Highway, Drive for 2.1 miles and the destination will be on your right side. GPS works.
Standard status
Active
APN
04984293
Lot size
0.45 Acres
Taxes and HOA fees
Tax Description
BOAZ, CA SUBD OF J B RENFRO LOT 32R
Tax Annual Amount
8470
Legal Description
BOAZ, CA SUBD OF J B RENFRO LOT 32R
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
upgraded electrical systems
remodeled bathrooms
office improvements
Building Details
Year built
1981
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
FiberglassSiding, MetalSiding
Roof type
Metal
Listing Agency:
OnDemand Realty
(214) 766-5833
Listed By:
Starria McLaughlin · License #0685236
(817) 721-4589
Added: Jun 4
Changed: Sep 30
Last Checked: Oct 9 at 1:06PM
MLS# 21290264
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.
Investment Insights
Based on property information with market context.
This auto shop property includes seven bays and a 0.445-acre site with an open parking lot. The building was constructed in 1981 and features fiberglass and metal siding, concrete flooring, a metal roof, public water, and public sewer. Renovations completed in 2016 included electrical upgrades, remodeled bathrooms, and office improvements. The property retains grandfathered auto body use, with lease agreements reported through mid-2026.
The site is located at 416 E. Kennedale Parkway in Kennedale, approximately 0.5 miles from Kennedale Town Center. I-20 and I-820 are nearby, and the property has reported daily traffic exceeding 10,000 vehicles. Nearby businesses include Advance Auto Parts and Texaco.
The site is located at 416 E. Kennedale Parkway in Kennedale, approximately 0.5 miles from Kennedale Town Center. I-20 and I-820 are nearby, and the property has reported daily traffic exceeding 10,000 vehicles. Nearby businesses include Advance Auto Parts and Texaco.
Key Highlights
- Seven bays for automotive service operations
- 0.445‑acre site at 416 E. Kennedale Parkway
- Grandfathered auto body use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,953
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,199,060
$1.2M
Cap Rate 7%
$856,471
$856.5K
Cap Rate 9%
$666,144
$666.1K
Market Conditions
NOI Build-Up for 3,612 SF
Gross rent
$90.2K $24.96/SF
− Vacancy
−$4.5K −$1.25/SF
EGI
$85.6K $23.71/SF
− OpEx
−$25.7K −$7.11/SF
NOI
$60.0K $16.60/SF
Area
Tarrant County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,199,060
Cap Rate 7%
$856,471
Cap Rate 9%
$666,144
Alternative Uses
Best Use
Retail
$856.5K
$749.4K – $999.2K
NOI $59,953 @ 7.0% cap · market cap 5.71%
Second Best
Industrial
$290.9K
$254.6K – $339.4K
NOI $20,366 @ 7.0% cap · market cap 1.94%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,942 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
7
Service bays
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
523
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
CubeSmart Self Storage
Shops & Services
523 visits/mo
0.5 miles
Demographics for 76060, TX
8,653
Population
3,208
Households
2.7
Avg Household Size
40
Median Age
29%
College-Educated
84%
High-School Grad
7.5 sq mi
ZIP Area
1,154
Density / Sq Mi
$117,993
Median Household Income
$56,838
Median Earnings
$1,300
Median Rent
$354,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Moniz Enterprises Inc — 1113 Kennedale Pkwy, Kennedale, TX 76060
- Big Red Automotive — 1117 Kennedale Pkwy Bldg A, Kennedale, TX 76060
- Jazz Automotive Inc. — 1111 Kennedale Pkwy, Kennedale, TX 76060
- Oliver's Auto Clinic — 1117 Kennedale Pkwy Ste B, Kennedale, TX 76060
- Performance Transmissions — 917 Kennedale Pkwy, Kennedale, TX 76060
Frequently Asked Questions
What type of property is this?
Auto shop - Seven-bay commercial facility with concrete flooring, open parking, public utilities, and a metal roof.
Where is this auto shop located?
The property is located at 416 E Kennedale Parkway Kennedale, TX.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Seven bays for automotive service operations; 0.445‑acre site at 416 E. Kennedale Parkway; Grandfathered auto body use
