Auto Shop with Overhead
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For Sale
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10807 Telephone Rd, Houston, TX 77075
Former autobody facility offering city utilities and a substantial acreage component.
Property Size3,600 SF
Lot Size2.10 Acres
Price / SF$210.83
Days on Market5
Property Features for 10807 Telephone Rd
General Information
Standard status
Active
Size
3,600 SF
Lot size
2.10 Acres
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Amenities
18 ft clear height
Three 10x12 overhead doors
City utilities
Listing Agency:
Davis Commercial
(713) 528-9776
Listed By:
Mark Davis · License #409852
Source:
Moodyscre
Added: Aug 7
Changed: Aug 10
Last Checked: Aug 10 at 3:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Davis Commercial
Investment Insights
Based on property information with market context.
This property includes a 3,600-square-foot former autobody shop on 2.1 acres. The building provides 18 feet of clear height and is equipped with three 10-foot by 12-foot overhead doors, supporting automotive service or related shop operations. City utilities serve the property.
The site is positioned near Beltway 8 S and Hobby Airport in Houston, providing access to two established transportation references. The combination of an existing automotive building, generous land area, clear height, and overhead-door access creates a practical configuration for an auto-oriented commercial user.
The site is positioned near Beltway 8 S and Hobby Airport in Houston, providing access to two established transportation references. The combination of an existing automotive building, generous land area, clear height, and overhead-door access creates a practical configuration for an auto-oriented commercial user.
Key Highlights
- 3,600 SF former autobody shop
- 2.1‑acre property
- 18’ clear height
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,815
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$976,300
$976.3K
Cap Rate 7%
$697,357
$697.4K
Cap Rate 9%
$542,389
$542.4K
Market Conditions
NOI Build-Up for 3,600 SF
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.
Gross rent
$73.9K $20.52/SF
− Vacancy
−$4.1K −$1.15/SF
EGI
$69.7K $19.37/SF
− OpEx
−$20.9K −$5.81/SF
NOI
$48.8K $13.56/SF
Area
Houston, TX
Vacancy
5.60%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$976,300
Cap Rate 7%
$697,357
Cap Rate 9%
$542,389
Alternative Uses
Best Use
Retail
$697.4K
$610.2K – $813.6K
NOI $48,815 @ 7.0% cap · market cap 6.43%
Second Best
Industrial
$290.0K
$253.7K – $338.3K
NOI $20,299 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$925.7K
$810.0K – $1.08M
NOI $64,800 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77075, TX
38,873
Population
13,267
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
70%
High-School Grad
11.2 sq mi
ZIP Area
3,471
Density / Sq Mi
$71,509
Median Household Income
$34,327
Median Earnings
$1,225
Median Rent
$219,900
Median Home Value
Market
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Del Valle Auto Service — 10805 Telephone Rd, Houston, TX 77075
- ABC Auto & Hot Rod Heaven — 7845 Lettie St, Houston, TX 77075
- Deuce Body Shop — 10805 Telephone Rd, Houston, TX 77075
- The Mobile Mechanic — 10901 Telephone Rd, Houston, TX 77075
- Hitch Pros Bed liners & Truck Accessories — 7718 Lettie St Ste#A, Houston, TX 77075
Frequently Asked Questions
What type of property is this?
Auto shop - Former autobody facility offering city utilities and a substantial acreage component.
Where is this auto shop located?
The property is located at 10807 Telephone Rd Houston, TX.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: 3,600 SF former autobody shop; 2.1‑acre property; 18’ clear height
