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    Auto Service Property For Sale Title is generated by Realmo AI

    11565 Reeder Rd, Dallas, TX

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    Auto service property featuring 20 drive-in doors and 2 dock doors.

    Type:RETAIL
    Property size:
    19,504 SF
    Lot size:
    1.60 Acres
    Price / SF:
    $230/SF
    Added:
    Mar 19, 2024
    Days on Market:
    813
    Last Refresh:
    May 20 at 9:36 pm

    Property Features for 11565 Reeder Rd

    General Information

    Standard status
    Active
    Size
    19,504 SF
    Lot size
    1.60 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Erik Fulkerson
    Erik Fulkerson

    Listing agent Erik Fulkerson

    Listing office CREST Commercial Real Estate, Inc.

    Listing date Mar 19, 2024

    Source Moodyscre

    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 CREST Commercial Real Estate, Inc.

    HighLights

    • 20 Drive‑In Doors provide easy access.
    • Auto Service Property, ideal for related businesses.
    • 2 Ramped Dock Doors for convenient loading.

    Overview

    This property is suitable for auto service and includes 20 drive-in doors and 2 ramped dock doors. The building has a size of 19504 square feet.

    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 $470.4k $24.12
    − Vacancy −$22.1k −$1.13
    EGI $448.3k $22.99
    − OpEx −$134.5k −$6.90
    NOI $313.8k $16.09
    19,504 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $4.48M
    $3.92M – $5.23M (±1% cap)
    NOI $313,828 @ 7.0% cap · market cap 7.00%
    Second Best
    Industrial
    $1.59M
    $1.39M – $1.85M (±1% cap)
    NOI $111,202 @ 7.0% cap · market cap 2.48%
    Theoretical Best
    Office A
    $23.40M
    $20.48M – $27.30M (±1% cap)
    NOI $1,638,224 @ 7.0% cap · market cap 36.52%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Eco Auto Dent ... Auto Repair Shop Texas Collision Centers Auto Repair Shop Service King Collision ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Building Supply Nail Salon Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • Auto Electric Systems Inc — 11361 Emerald St, Dallas, TX 75229
    • Dallas Offroad — 11338 Emerald St, Dallas, TX 75229
    • AA AUTO BODY SHOP — 11310 Newkirk St suite B, Dallas, TX 75229
    • Dallas Auto Pro — 11313 Emerald St, Dallas, TX 75229
    • Dent Mechanic Group - Auto Hail Repair — 11333 Emerald St, Dallas, TX 75229

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.8966
    Latitude
    32.9029

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    FAQs

    What type of property is this?
    Auto shop - Auto service property featuring 20 drive-in doors and 2 dock doors.
    Where is this auto shop located?
    The property is located at 11565 Reeder Rd Dallas, TX.
    What is the asking price?
    The asking price for this property is $4,485,920.
    What are key features of this property?
    This property features: 20 Drive‑In Doors provide easy access.; Auto Service Property, ideal for related businesses.; 2 Ramped Dock Doors for convenient loading.
    (214) 696-6677 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Erik Fulkerson
    Erik Fulkerson
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