Auto Shop with Collision Workflow
11239 Veterans Memorial Drive Houston, TX 77067
For Sale
$2,500,000
Auto shop offers 9,400 SF of operating space designed to separate diagnostic/repair from heavy collision work.
Property Size9,400 SF
Price / SF$265.96
Days on Market18
Property Features for 11239 Veterans Memorial Drive
General Information
- Standard status
- Active
- Size
- 9,400 SF
- Property subtype
- Shopping Center / Retail
Listing Agency:
Commercial Advisors Group, RE/MAX Integrity
(281) 686-9445
Listed By:
Patrick Buckhoff · License #9005284
(281) 686-9445
Source:
Remaxcommercial
Added: Jul 10
Last Checked: Jul 26 at 2:59AM
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 Commercial Advisors Group, RE/MAX Integrity
Investment Insights
Based on property information with market context.
For sale: an auto shop built to support distinct parts of the repair process. The site offers 9,400 SF of total operating space and is described as engineered to separate diagnostic/repair workflows from heavy collision work to help reduce operational bottlenecks. Existing equipment is available for purchase, which may support a seamless transition for an incoming operator.
The property is located at 11239 Veterans Memorial Drive in Houston, TX 77067.
This is a straightforward ownership opportunity for an automotive operator seeking a dedicated facility with room for separate workflow areas, rather than adapting day-to-day operations around a landlord’s constraints.
The property is located at 11239 Veterans Memorial Drive in Houston, TX 77067.
This is a straightforward ownership opportunity for an automotive operator seeking a dedicated facility with room for separate workflow areas, rather than adapting day-to-day operations around a landlord’s constraints.
Key Highlights
- Auto shop with 9,400 SF of total operating space.
- Designed to separate diagnostic/repair workflows from heavy collision work to reduce bottlenecks.
- Existing equipment is available for purchase to support a transition into the space.
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 | $192.9k | $20.52 |
| − Vacancy | −$10.8k | −$1.15 |
| EGI | $182.1k | $19.37 |
| − OpEx | −$54.6k | −$5.81 |
| NOI | $127.5k | $13.56 |
9,400 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.82M
$1.59M – $2.12M
NOI $127,460 @ 7.0% cap · market cap 5.10%
Second Best
Industrial
$757.2K
$662.5K – $883.4K
NOI $53,002 @ 7.0% cap · market cap 2.12%
Theoretical Best
Office A
$2.42M
$2.12M – $2.82M
NOI $169,200 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grupo Ruiz
Law Firm
Veterans Auto Center
Auto Repair Shop
Similar Off Market Nearby
- Miranda's Tire Shop — 11238 Veterans Memorial Dr, Houston, TX 77067
- TEX STAR MULTI — Greenyard Dr, Houston, TX 77086
- Late Model Engines — 1930 Aldine Western Rd, Houston, TX 77038
- Vasquez auto care — 2910 Brownie Campbell Rd, Houston, TX 77038
- New & Used Tires — Woodgate, TX 77038
FAQs
What type of property is this?
Auto shop - Auto shop offers 9,400 SF of operating space designed to separate diagnostic/repair from heavy collision work.
Where is this auto shop located?
The property is located at 11239 Veterans Memorial Drive Houston, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Auto shop with 9,400 SF of total operating space.; Designed to separate diagnostic/repair workflows from heavy collision work to reduce bottlenecks.; Existing equipment is available for purchase to support a transition into the space.
