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Automotive Shop and Warehouse with Office

700 South Interstate Highway 45 Ennis, TX 75119

700 South Interstate Highway 45, Ennis, TX, 75119
$349,000
For Sale
Claim this Listing
$349,000

Commercial Sale, Other - Ennis, TX

Property Size2,540 SF
Lot Size0.21 Acres
Price / SF$137.40
AddedFeb 9
Days on Market156
Last RefreshJul 15 at 11:06 pm

Property Features for 700 South Interstate Highway 45

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
0.21 Acres

Building Details

Year built
1986
Architectural style
Other

Listing agent Dillon Newman License #822700,PersonLicenseNumber

Listing office NextHome Property Advisors 641 Highlander Ave., TX

Listing date Feb 9, 2026

MLS# 21175114 Listing URL

Copyright © 2026 NextHome, 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 property offers a well-built shop, workshop, and warehouse totaling 2,540 square feet, with two bay doors for vehicle and equipment access. The interior includes spacious work areas with durable concrete flooring, plus a fully finished office and two bathrooms to support daily operations. Robust metal construction and central heating and cooling are in place, giving a turn-key foundation for service, storage, or light industrial activity. The site is situated on roughly a quarter-acre, with a versatile layout designed to accommodate multiple business models.

The site is directly off I-45 and positioned with high-visibility frontage along one of Ennis’ growth corridors, providing exposure to thousands of daily commuters. It also sits steps from the Buc-ee’s travel center, with an estimated 7,800+ vehicles passing daily, supporting strong day-to-day visibility for retail- and service-oriented concepts.

The current owner operates a business on-site and is ready to vacate with an accepted offer, making the property suitable for an owner-user looking to move in and operate immediately or for an investor seeking a flexible commercial asset. The space can support a range of uses such as automotive, tires, fabrication, warehouse storage, retail, mixed-use office, and other service-oriented businesses. Owner financing is available, and additional neighboring land (1 acre) may be available—ask the listing agent for details.

Key Highlights

  • 2,540 SF shop and workshop warehouse on approx. 0.25 acres, built in 1986
  • 2 bay doors with spacious work areas and durable concrete flooring
  • Fully finished office space plus 2 bathrooms

Local Financial Insights For Warehouse

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 $22.9k $9.00
− Vacancy −$2.1k −$0.82
EGI $20.8k $8.18
− OpEx −$3.1k −$1.23
NOI $17.7k $6.95
2,540 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%

Alternative Uses

Best Use
Office B
$607.0K
$531.1K – $708.1K (±1% cap)
NOI $42,487 @ 7.0% cap · market cap 12.17%
Second Best
Warehouse
$252.3K
$220.8K – $294.4K (±1% cap)
NOI $17,663 @ 7.0% cap · market cap 5.06%
Theoretical Best
Multifamily LT 5
$27.72M
$24.25M – $32.33M (±1% cap)
NOI $1,940,091 @ 7.0% cap · market cap 555.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Kitchen & Bath Showroom Parking Lot & Garage Storage Facility Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service Locksmith Daycare Center

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

FAQs

What type of property is this?
Flex space - Well-built shop with two bay doors, a finished office, and central HVAC for year-round business operations.
Where is this flex space located?
The property is located at 700 South Interstate Highway 45 Ennis, TX.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 2,540 SF shop and workshop warehouse on approx. 0.25 acres, built in 1986; 2 bay doors with spacious work areas and durable concrete flooring; Fully finished office space plus 2 bathrooms
Contact an agent
More about this property
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