Fully Equipped Auto
1105 Henderson Ave Palacios, TX
1105 Henderson Ave, Palacios, TX, 00000
$355,000
For Sale
$355,000
Turnkey auto shop in a metal building with three bays, office space, and a fenced back yard.
Property Size1,800 SF
Price / SF$197.22
Days on Market157
Property Features for 1105 Henderson Ave
General Information
- Standard status
- Active
- Size
- 1,800 SF
Listing agency
Texas Coastal Properties
(361) 972-5900
Listed by
Tammy Hill · License #TREC :0455338
(361) 972-5900
Source
Exprealty
Added: Feb 15 Updated: Jul 21 at 9:31PM Checked: Jul 21 at 9:31PM
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 Texas Coastal Properties
Investment Insights
Based on property information with market context.
This fully equipped, full-service auto shop is housed in a structurally sound metal building measuring 30' x 60' x 14'. The shop includes three bays, an office area, and a fenced back-yard area. The property comes with substantial equipment, including two Ammco 10K# two-post lifts, a tire changer, balancer, brake lathe, 80-gallon compressor, and a 300-gallon waste oil tank, among other items.
The property is located on State Highway 35 (Henderson) at 1105 Henderson Ave in Palacios, Texas, and includes an 8,000-square-foot concrete parking area.
For buyers looking for an automotive-ready operation with both shop and office space, this setup provides the core components for day-to-day service work, supported by on-site equipment and defined exterior storage space.
The property is located on State Highway 35 (Henderson) at 1105 Henderson Ave in Palacios, Texas, and includes an 8,000-square-foot concrete parking area.
For buyers looking for an automotive-ready operation with both shop and office space, this setup provides the core components for day-to-day service work, supported by on-site equipment and defined exterior storage space.
Key Highlights
- Fully equipped, full‑service auto shop in a 30' x 60' x 14' structurally sound metal building
- 3‑bay shop with office area plus a fenced‑in back yard on the property
- Includes 2 Ammco 10K# 2‑post lifts
Local Financial Insights For Retail
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 | $36.9k | $20.52 |
| − Vacancy | −$2.1k | −$1.17 |
| EGI | $34.8k | $19.35 |
| − OpEx | −$10.4k | −$5.81 |
| NOI | $24.4k | $13.55 |
1,800 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$348.3K
$304.8K – $406.4K
NOI $24,381 @ 7.0% cap · market cap 6.87%
Second Best
Industrial
$130.9K
$114.5K – $152.7K
NOI $9,162 @ 7.0% cap · market cap 2.58%
Theoretical Best
Multifamily LT 5
$20.18M
$17.66M – $23.54M
NOI $1,412,646 @ 7.0% cap · market cap 397.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Palacios Auto & Towing — Palacios, TX 77465
FAQs
What type of property is this?
Auto shop - Turnkey auto shop in a metal building with three bays, office space, and a fenced back yard.
Where is this auto shop located?
The property is located at 1105 Henderson Ave Palacios, TX.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Fully equipped, full‑service auto shop in a 30' x 60' x 14' structurally sound metal building; 3‑bay shop with office area plus a fenced‑in back yard on the property; Includes 2 Ammco 10K# 2‑post lifts
