Highway-Frontage Auto
For Sale
$399,995
11041 N Hwy 69, Tyler, TX 75706
Established vehicle repair property with commercial exposure, substantial land area, and convenient access to Interstate 20.
Property Size3,600 SF
Lot Size1.30 Acres
Price / SF$111.11
Days on Market22
Property Features for 11041 N Hwy 69
General Information
Standard status
Active
Size
3,600 SF
Lot size
1.30 Acres
Site & Location
Road Frontage
350 ft
Highway Access
Yes
Road Access
Yes
Additional Details
Land Use
commercial
Listing Agency:
Keller Williams Realty-Tyler
(903) 534-6600
Listed By:
Jena Waldron · License #0710120
(903) 736-8311
Source:
Exprealty
Added: Sep 19
Changed: Oct 7
Last Checked: Oct 9 at 7:59PM
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 Keller Williams Realty-Tyler
Investment Insights
Based on property information with market context.
This auto shop property includes approximately 1.3 acres and a 3,600-square-foot improvement with an established vehicle repair operation that has served the area for 30 years. The site is positioned outside city limits, offering a commercial setting for ongoing automotive use.
The property has approximately 350 feet of frontage along Highway 69 and is located five minutes from Interstate 20. It is directly adjacent to Camping World and Rush Truck Center, placing the site among established automotive and commercial operators. The existing configuration provides a physical base for continued vehicle repair operations while also offering substantial highway exposure for future business planning.
The property has approximately 350 feet of frontage along Highway 69 and is located five minutes from Interstate 20. It is directly adjacent to Camping World and Rush Truck Center, placing the site among established automotive and commercial operators. The existing configuration provides a physical base for continued vehicle repair operations while also offering substantial highway exposure for future business planning.
Key Highlights
- 1.3‑acre auto shop property with a 3,600‑square‑foot improvement
- Approximately 350 feet of frontage on Highway 69
- Established vehicle repair operation with a 30 year operating history
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,401
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,020
$308.0K
Cap Rate 7%
$220,014
$220.0K
Cap Rate 9%
$171,122
$171.1K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$23.8K $6.60/SF
− Vacancy
−$1.8K −$0.49/SF
EGI
$22.0K $6.11/SF
− OpEx
−$6.6K −$1.83/SF
NOI
$15.4K $4.28/SF
Area
Tyler, TX
Vacancy
7.40%
Lease Rate
$6.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,020
Cap Rate 7%
$220,014
Cap Rate 9%
$171,122
Alternative Uses
Best Use
Retail
$599.2K
$524.3K – $699.1K
NOI $41,943 @ 7.0% cap · market cap 10.49%
Second Best
Industrial
$220.0K
$192.5K – $256.7K
NOI $15,401 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$803.5K
$703.1K – $937.4K
NOI $56,245 @ 7.0% cap · market cap 14.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75706, TX
10,313
Population
4,332
Households
2.4
Avg Household Size
34
Median Age
10%
College-Educated
81%
High-School Grad
75.6 sq mi
ZIP Area
136
Density / Sq Mi
$57,845
Median Household Income
$32,886
Median Earnings
$941
Median Rent
$125,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Langley's Tire — 10453 Mineola Hwy, Tyler, TX 75706
- J&L Paint and Body, LLC — 10342 US Hwy 69 N, Tyler, TX 75706
- Rush Truck Leasing - Tyler — 10791 US Hwy 69 N, Tyler, TX 75706
- Shakedown Lexan & Fiberglass — 11010 Happy Acres, Tyler, TX 75706
- Shakedown Racing — 11010 Happy Acres, Tyler, TX 75706
Frequently Asked Questions
What type of property is this?
Auto shop - Established vehicle repair property with commercial exposure, substantial land area, and convenient access to Interstate 20.
Where is this auto shop located?
The property is located at 11041 N Hwy 69 Tyler, TX.
What is the asking price?
The asking price for this property is $399,995.
What are key features of this property?
This property features: 1.3‑acre auto shop property with a 3,600‑square‑foot improvement; Approximately 350 feet of frontage on Highway 69; Established vehicle repair operation with a 30 year operating history
