Auto Shop Office and Garage
For Sale
$800,000
4123 S Lancaster Rd, Dallas, TX 75216
For sale with an office/waiting area plus two garages, including a detached rear garage, and included FF&E.
Property Size2,707 SF
Price / SF$295.53
Days on Market36
Property Features for 4123 S Lancaster Rd
General Information
Standard status
Active
Size
2,707 SF
Property subtype
Special Purpose
Building Details
Year Built
1960
Listing Agency:
Wingert Real Estate Company
(214) 675-7583
Listed By:
Jason Wingert · License #0589167
Source:
Wingertrealestate
Added: Jun 25
Changed: Jul 10
Last Checked: Jul 30 at 5:54AM
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 Wingert Real Estate Company
Investment Insights
Based on property information with market context.
This offering includes the real estate and related FF&E for an automotive-focused property. The space totals 2,707 square feet and features a main office and waiting area, two additional offices, one bathroom, and two garages. One garage is attached and a second garage is located detached toward the back of the property. The listing also includes equipment and furnishings used in operations, such as desks, chairs, tables, two full-size lifts, a full-size air compressor with hoses, heaters, and various office supplies. The used auto dealership business itself is not included.
Located at 4123 S Lancaster Rd in Dallas, the property is configured to support day-to-day shop activity alongside administrative use. Seller financing may be available based on creditworthiness, and the ownership has been locally operated for more than 30 years.
This setup can suit buyers looking for a combined office and garage arrangement for automotive service or similar hands-on operations, with existing infrastructure for vehicle work indicated by the included lifts, compressor, and shop-ready equipment. The inclusion of office furnishings and shop equipment may reduce immediate setup time for an operator taking over the site.
Located at 4123 S Lancaster Rd in Dallas, the property is configured to support day-to-day shop activity alongside administrative use. Seller financing may be available based on creditworthiness, and the ownership has been locally operated for more than 30 years.
This setup can suit buyers looking for a combined office and garage arrangement for automotive service or similar hands-on operations, with existing infrastructure for vehicle work indicated by the included lifts, compressor, and shop-ready equipment. The inclusion of office furnishings and shop equipment may reduce immediate setup time for an operator taking over the site.
Key Highlights
- 2,707 SF office and waiting area with main office space, two additional offices, and a bathroom
- Includes 2 garages: 1 attached and 1 detached garage in the back
- FF&E included: desks, chairs, tables, 2 full‑size lifts, and a full‑size air compressor with hoses
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 | $65.3k | $24.12 |
| − Vacancy | −$3.1k | −$1.13 |
| EGI | $62.2k | $22.99 |
| − OpEx | −$18.7k | −$6.90 |
| NOI | $43.6k | $16.09 |
2,707 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$622.2K
$544.5K – $726.0K
NOI $43,557 @ 7.0% cap · market cap 5.44%
Second Best
Industrial
$220.5K
$192.9K – $257.2K
NOI $15,434 @ 7.0% cap · market cap 1.93%
Theoretical Best
Office A
$3.25M
$2.84M – $3.79M
NOI $227,372 @ 7.0% cap · market cap 28.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
944
Businesses Nearby
21k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 21%
Chase Bank
Shops & Services
9,738 visits/mo
0.3 miles
Exxon
Shops & Services
6,961 visits/mo
0.5 miles
Church's Chicken
Dining
4,549 visits/mo
0.5 miles
Demographics for 75216, TX
55,759
Population
20,612
Households
2.7
Avg Household Size
34
Median Age
9%
College-Educated
70%
High-School Grad
14.8 sq mi
ZIP Area
3,768
Density / Sq Mi
$37,613
Median Household Income
$31,020
Median Earnings
$1,169
Median Rent
$138,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- A&A Trailer Repair
- Mardini quick tire — 4822 S Lancaster Rd, Dallas, TX 75216
- Wateen Towing INC — 4822 S Lancaster Rd, Dallas, TX 75216
- hala texas towing — 4822 S Lancaster Rd, Dallas, TX 75216
- D&G Automotive Service — 4240 S Lancaster Rd, Dallas, TX 75216
Frequently Asked Questions
What type of property is this?
Auto shop - For sale with an office/waiting area plus two garages, including a detached rear garage, and included FF&E.
Where is this auto shop located?
The property is located at 4123 S Lancaster Rd Dallas, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 2,707 SF office and waiting area with main office space, two additional offices, and a bathroom; Includes 2 garages: 1 attached and 1 detached garage in the back; FF&E included: desks, chairs, tables, 2 full‑size lifts, and a full‑size air compressor with hoses
