Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Renovated Auto Repair Building Title is generated by Realmo AI

    4306 W Camp Wisdom Road, Dallas, TX 75237

    View on Map
    Claim this Listing
    For Sale
    $845,000

    Recently renovated auto repair building for sale on 0.47 acres.

    Type:Commercial/Industrial
    Property size:
    4,500 SF
    Lot size:
    0.47 Acres
    Price / SF:
    $187/SF
    Added:
    Jul 11, 2024
    Days on Market:
    690
    Last Refresh:
    May 20 at 1:51 am

    Property Features for 4306 W Camp Wisdom Road

    General Information

    Standard status
    Active
    Size
    4,500 SF
    Lot size
    0.47 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1983

    We can help!

    Listing Contact
    Curtis Evans
    Curtis Evans

    Listing agent Curtis Evans License #0528557

    Listing office Keller Williams Fort Worth

    Listing date Jul 11, 2024

    Source Exitrealty

    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 Fort Worth

    HighLights

    • High traffic location: 20,500 cars pass the shop daily.
    • Recently renovated 4500 sq ft building.
    • .47 acre lot.
    • Currently operating as an auto repair facility.
    • Includes shop area (3625 sq ft) and office/showroom (875 sq ft).
    • New LED lighting in shop area.

    Overview

    The property features a recently renovated 4500 square foot building situated on 0.47 acres. Currently operating as an auto repair facility, it offers tire repair, replacement, and front-end alignment services. The building only is for sale. The shop interior measures approximately 3625 square feet, complemented by an office and showroom area of around 875 square feet. The shop area includes a storeroom and restroom. New LED lighting has been installed in the shop area. Traffic counts indicate approximately 20,500 cars pass the shop each day.

    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 $108.5k $24.12
    − Vacancy −$5.1k −$1.13
    EGI $103.4k $22.99
    − OpEx −$31.0k −$6.90
    NOI $72.4k $16.09
    4,500 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.03M
    $905.1K – $1.21M (±1% cap)
    NOI $72,407 @ 7.0% cap · market cap 8.57%
    Second Best
    Industrial
    $366.5K
    $320.7K – $427.6K (±1% cap)
    NOI $25,657 @ 7.0% cap · market cap 3.04%
    Theoretical Best
    Office A
    $5.40M
    $4.72M – $6.30M (±1% cap)
    NOI $377,974 @ 7.0% cap · market cap 44.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rod Auto Care Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

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

    Similar Places Nearby

    • Rod Auto Care — 4306 W Camp Wisdom Rd, Dallas, TX 75237
    • Bridgestone — Dallas, TX 75237
    • MLC INVESTMENT/SHINE ON TIME — 3906 w camp wisdom rd suite 108, dallas, tx 75237
    • Texas discount tire — 4354 W Camp Wisdom Rd, Dallas, TX 75237
    • Body Shop — n alexander ave, duncanville, tx 75116

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.890059
    Latitude
    32.66156

    Nearby Similar for Sale

    • $1,900,000
      2,910 SF

      Historic Victorian in Uptown Dallas

      Victorian home in historic State Thomas neighborhood, zoned for commercial/residential.
      2315 Routh Street, Dallas, TX 75201
      View Details
    • $899,000
      2,230 SF

      Renovated Dallas Commercial Space

      Renovated commercial space in Dallas, close to downtown and airports.
      1380 River Bend Drive, Dallas, TX 75247
      View Details
    • $1,390,000
      3,190 SF

      Corner Lot Near Major Highways

      Two-story building suitable for multiple businesses, warehouse, or auto services.
      11298 Luna Road, Dallas, TX 75229
      View Details
    • $750,000
      5,974 SF

      Retail Property in High Traffic Area

      Retail property in Dallas, TX with high traffic location.
      3415 S Malcolm X Boulevard, Dallas, TX 75215
      View Details
    • $345,000
      3,840 SF

      Commercial Building with Catering Kitchen

      3,840 SF commercial building with catering kitchen in Dallas.
      10118 Rylie Road, Dallas, TX 75217
      View Details
    • $485,000

      Dallas Auto Shop and Repair

      Auto shop and repair facility with potential for commercial ventures.
      8632 San Marino Avenue, Dallas, TX 75217
      View Details
    • $599,000
      2,500 SF

      Dallas Church on Large Lot

      Church with ample parking and room to grow.
      1338 Hortense Avenue, Dallas, TX 75216
      View Details
    • $298,800
      4,200 SF

      Auto Repair Shop Lot

      Auto repair shop lot for sale near 635 and I-20.
      14124 Seagoville Road, Dallas, TX 75253
      View Details
    • $949,000

      Freestanding Office Building on Acre Lot

      6930 sq ft office building on 1 acre lot.
      4373 S Hampton Road, Dallas, TX 75232
      View Details
    • $500,000

      Versatile Commercial Property with Income

      Commercial property with rental income and flexible business space.
      1931 S Belt Line Road, Dallas, TX 75253
      View Details
    • $950,000

      Commercial Property Near Harry Hines

      Versatile property near major highways with immediate income potential.
      9738 Brockbank Drive, Dallas, TX 75220
      View Details
    • $700,000

      Versatile Commercial Space in Dallas

      Office and warehouse space in prime Northwest Dallas location.
      11127 Shady Trail, Dallas, TX 75229
      View Details

    FAQs

    What type of property is this?
    Auto shop - Recently renovated auto repair building for sale on 0.47 acres.
    Where is this auto shop located?
    The property is located at 4306 W Camp Wisdom Road Dallas, TX.
    What is the asking price?
    The asking price for this property is $845,000.
    What are key features of this property?
    This property features: High traffic location: 20,500 cars pass the shop daily.; Recently renovated 4500 sq ft building.; .47 acre lot.
    (817) 235-0204
    We can help!
    Listing Contact
    Curtis Evans
    Curtis Evans
    Real Estate License ID: 0528557
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4306 W Camp Wisdom Road, Dallas, TX 75237
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!