18-Bay Automotive Service
For Sale
$1,895,000
12310 State Highway 155 S, Tyler, TX 75703
Four-building commercial property with sales, repair, and service improvements along State Highway 155 South.
Property Size11,625 SF
Days on Market127
Property Features for 12310 State Highway 155 S
General Information
Standard status
Active
Size
11,625 SF
Class
C
Property subtype
Other - Special Purpose
Site & Location
Traffic Count
26,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Service Bays
18
Amenities
18 service bays
9 existing lifts
Building Details
Building Size
11,625 SF
Year Built
1994
Year Renovated
2012
Buildings
4
Listing Agency:
Burns Commercial Properties
Listed By:
Mark Whatley, CCIM · License #423898
(903) 534-1200
Source:
Commercialcafe
Added: Jun 11
Changed: Oct 10
Last Checked: Oct 14 at 8:34PM
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 Burns Commercial Properties
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Investment Insights
Based on property information with market context.
This automotive service property includes four buildings: a sales office and three shop or service structures. The improvements contain 18 service bays and nine existing automotive lifts, supporting repair, maintenance, and related vehicle-service operations. The property was built in 1994 and previously operated as an auto dealership and repair location.
The site is located at 12310 State Highway 155 S in Tyler, Texas, approximately one-quarter mile south of the Loop 323 intersection. Its Highway 155 frontage provides direct corridor access for automotive, service, retail, showroom, or other commercial uses supported by the existing improvements.
The site is located at 12310 State Highway 155 S in Tyler, Texas, approximately one-quarter mile south of the Loop 323 intersection. Its Highway 155 frontage provides direct corridor access for automotive, service, retail, showroom, or other commercial uses supported by the existing improvements.
Key Highlights
- Four buildings: one sales office and three shop/service buildings
- 18 service bays across the automotive service improvements
- Nine existing automotive lifts included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$135,441
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,708,820
$2.7M
Cap Rate 7%
$1,934,871
$1.9M
Cap Rate 9%
$1,504,900
$1.5M
Market Conditions
NOI Build-Up for 11,625 SF
Gross rent
$203.7K $17.52/SF
− Vacancy
−$10.2K −$0.88/SF
EGI
$193.5K $16.64/SF
− OpEx
−$58.0K −$4.99/SF
NOI
$135.4K $11.65/SF
Area
Tyler, TX
Vacancy
5.00%
Lease Rate
$17.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,708,820
Cap Rate 7%
$1,934,871
Cap Rate 9%
$1,504,900
Alternative Uses
Best Use
Retail
$1.93M
$1.69M – $2.26M
NOI $135,441 @ 7.0% cap · market cap 7.15%
Second Best
Industrial
$710.5K
$621.7K – $828.9K
NOI $49,733 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$2.59M
$2.27M – $3.03M
NOI $181,626 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
18
Service bays
26,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
435
Businesses Nearby
82k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 29%
Home Improvements & Furnishings 24%
Hotels & Casinos 2%
Harbor Freight Tools
Home Improvements & Furnishings
18,747 visits/mo
0.3 miles
Whataburger
Dining
15,977 visits/mo
0.2 miles
Exxon
Shops & Services
12,542 visits/mo
0.4 miles
Wendy's
Dining
11,065 visits/mo
0.3 miles
Burger King
Dining
8,037 visits/mo
0.3 miles
Demographics for 75703, TX
44,428
Population
20,045
Households
2.2
Avg Household Size
39
Median Age
43%
College-Educated
96%
High-School Grad
55.1 sq mi
ZIP Area
806
Density / Sq Mi
$76,347
Median Household Income
$45,301
Median Earnings
$1,262
Median Rent
$310,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Etx Towing & Storage — 12872 State Hwy 155 S, Tyler, TX 75703
- Siler's Paint & Body, Inc — 12972 State Hwy 155, Tyler, TX 75703
- Repair Solutions LLC — 12872 State Hwy 155 12 w, Tyler, TX 75703
- Cutting Edge Window Tint — 10807 George Dr, Tyler, TX 75703
- Mullerbodyshop — 12843 state hwy 155, tyler, tx 75703
Frequently Asked Questions
What type of property is this?
Auto shop - Four-building commercial property with sales, repair, and service improvements along State Highway 155 South.
Where is this auto shop located?
The property is located at 12310 State Highway 155 S Tyler, TX.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Four buildings: one sales office and three shop/service buildings; 18 service bays across the automotive service improvements; Nine existing automotive lifts included
