Auto Repair Facility with Service
111 S 21st Street McAllen, TX 78501
For Sale
$500,000
Auto repair facility includes multiple service bays, a small office/reception area, and off-street parking.
Property Size6,351 SF
Lot Size0.16 Acres
Price / SF$78.73
Days on Market9
Property Features for 111 S 21st Street
General Information
Standard status
Active
Size
6,351 SF
Lot size
0.16 Acres
Property subtype
General Commercial
Building Details
Year Built
1976
Listing Agency:
Monarca Real Estate Group Llc
(956) 862-2964
Listed By:
Jisella Ortiz · License #0733033
(956) 862-2964
Source:
Xome
Added: Jul 21
Changed: Jul 28
Last Checked: Jul 29 at 4:52AM
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 Monarca Real Estate Group Llc
Investment Insights
Based on property information with market context.
This auto repair facility is housed in a 6,351-square-foot commercial building with multiple service bays for auto repair work. The property also includes a small office/reception area used for customer check-in and daily operations, along with off-street parking to support customer access.
The site is located in downtown McAllen, just steps from Business 83 and S 23rd Street, placing it in an established commercial corridor.
The building sits on an irregular 7,000-square-foot lot, offering a straightforward automotive-focused layout that can also serve as a repositioning site for another commercial use subject to applicable regulations.
The site is located in downtown McAllen, just steps from Business 83 and S 23rd Street, placing it in an established commercial corridor.
The building sits on an irregular 7,000-square-foot lot, offering a straightforward automotive-focused layout that can also serve as a repositioning site for another commercial use subject to applicable regulations.
Key Highlights
- 6,351 sq ft commercial building built in 1976 on an irregular 7,000 sq ft lot
- Auto repair facility with multiple service bays for vehicle service work
- Small office/reception area for customer check‑in and daily operations
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 | $57.9k | $9.12 |
| − Vacancy | −$2.3k | −$0.36 |
| EGI | $55.7k | $8.76 |
| − OpEx | −$16.7k | −$2.63 |
| NOI | $39.0k | $6.14 |
6,351 SF · lease $9.12/SF/yr · vacancy 3.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.29M
$1.13M – $1.51M
NOI $90,650 @ 7.0% cap · market cap 18.13%
Second Best
Industrial
$556.6K
$487.1K – $649.4K
NOI $38,964 @ 7.0% cap · market cap 7.79%
Theoretical Best
Office A
$1.72M
$1.51M – $2.01M
NOI $120,720 @ 7.0% cap · market cap 24.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Donkey Graphics — 1005 S 23rd St, McAllen, TX 78501
- Momentum Auto Body Repair & Paint — 1300 S 22nd St, McAllen, TX 78501
- AMAYAS AUTO SERVICE — 1300 s 22nd st, mcallen, tx 78501
- Humble Hands Automotive LLC — 801 S 23rd St, McAllen, TX 78501
- Bernal's Auto Services — 2200 Newport Ave W, McAllen, TX 78501
Frequently Asked Questions
What type of property is this?
Auto shop - Auto repair facility includes multiple service bays, a small office/reception area, and off-street parking.
Where is this auto shop located?
The property is located at 111 S 21st Street McAllen, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 6,351 sq ft commercial building built in 1976 on an irregular 7,000 sq ft lot; Auto repair facility with multiple service bays for vehicle service work; Small office/reception area for customer check‑in and daily operations
