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Turn-Key Auto Body Facility

621 S 2nd Street Killeen, TX 76541

621 S 2nd Street, Killeen, TX, 76541
$750,000
For Sale
Claim this Listing
$750,000

COMMERCIAL - Killeen, TX

Property Size6,700 SF
Lot Size0.48 Acres
Price / SF$111.94
AddedMar 25
Days on Market114
Last RefreshJul 16 at 7:06 am

Property Features for 621 S 2nd Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
B-5
Standard status
Active
APN
332687
Size
6,700 SF
Lot size
0.48 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
KILLEEN PAINT & BODY ADDITION, BLOCK 001, LOT 0001, ACRES .48
Tax Annual Amount
3344

Utilities

Sewer type
Public Sewer
Heating system
Central, Space Heater
Cooling system
Central Air
Water source
Public

Building Details

Year built
1984
Floors in Building
1
Flooring type
Carpet, Concrete, Linoleum
Building materials
MetalFrame, MetalSiding, SteelFrame
Roof type
Metal

Listing agent Jean Shine License #0282773

Listing office Coldwell Banker Apex, Realtors 201 E Central Texas Expy #1900, TX

Listing date Mar 25, 2026

MLS# 608398

Copyright © 2026 Central Texas Multiple Listing Service. 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 in Killeen, Texas, is a turn-key auto body facility, fully equipped and operational as a collision repair and paint shop. The sale includes the real estate, building improvements, and extensive equipment. The property is offered at a price significantly below replacement cost, with the combined replacement cost of the land, specialized automotive improvements, and equipment exceeding the asking price. The included equipment, estimated at $250,000 to $380,000 replacement value, features frame machines, welders, compressors, paint systems, and professional-grade shop equipment. The purpose-built automotive improvements include a 14 x 24' paint booth, paint mixing room, wash bay, eight roll-up doors, compressed air distribution, and multiple heating and air filtration systems. The functional office layout provides 440 square feet of space with three private offices. The efficient site and building configuration features a 6,700 square foot metal-frame building on a 0.48-acre lot, offering good vehicle circulation, on-site parking, and operational flexibility. The existing build-out and included equipment allow for immediate occupancy. This property is ideal for an owner-operator seeking long-term occupancy control or an expanding auto body business entering the Central Texas market. Located in Killeen, it serves the Fort Hood trade area, which has consistent demand for collision repair and automotive services.

Key Highlights

  • Fully operational auto body facility with collision repair and paint shop equipment included in the sale.
  • 6,700+/- SF metal‑frame building on +/- 0.48 acres with eight (8) roll‑up doors, wash bay, and paint‑related support spaces.
  • Paint booth and paint mixing room plus compressed air distribution and multiple heating/air filtration systems.

Local Financial Insights For Industrial

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 $64.3k $9.60
− Vacancy −$3.9k −$0.58
EGI $60.5k $9.02
− OpEx −$18.1k −$2.71
NOI $42.3k $6.32
6,700 SF · lease $9.60/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.14M
$996.2K – $1.33M (±1% cap)
NOI $79,692 @ 7.0% cap · market cap 10.63%
Second Best
Industrial
$604.6K
$529.0K – $705.4K (±1% cap)
NOI $42,323 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $112,650 @ 7.0% cap · market cap 15.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Complete Paint & Body ... Auto Repair Shop

Suggested Use

Dental Office Building Supply (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Florist Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon

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

Similar Off Market Nearby

  • Phil's Service — 503 S 2nd St, Killeen, TX 76541
  • Oscar's Continued — 619 Wolf St, Killeen, TX 76541
  • Craig's Auto Repair — 101 E Hallmark Ave, Killeen, TX 76541
  • Golden Paint & Body Shop — 611 Priest Dr, Killeen, TX 76541
  • Complete Paint & Body Shop — 621 S 2nd St, Killeen, TX 76541

FAQs

What type of property is this?
Auto shop - Fully operational collision repair shop in Killeen, Texas.
Where is this auto shop located?
The property is located at 621 S 2nd Street Killeen, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Fully operational auto body facility with collision repair and paint shop equipment included in the sale.; 6,700+/- SF metal‑frame building on +/- 0.48 acres with eight (8) roll‑up doors, wash bay, and paint‑related support spaces.; Paint booth and paint mixing room plus compressed air distribution and multiple heating/air filtration systems.
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