Auto Repair Shop
216 E Front St Tyler, TX 75702
For Sale
Contact for pricing
Pending
Auto repair shop offered for sale with option to purchase with setup or building only.
Property Size2,585 SF
Days on Market887
Property Features for 216 E Front St
General Information
- Standard status
- Pending
- Size
- 2,585 SF
- Property subtype
- Land
Listing Agency:
Coldwell Banker Apex Realtors Tyler
(903) 730-1033
Listed By:
Laura Adams · License #TX
Source:
Crexi
Added: Feb 17, 2024
Changed: Jul 23
Last Checked: Jul 23 at 4:32AM
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 Coldwell Banker Apex Realtors Tyler
Investment Insights
Based on property information with market context.
This property is an auto repair shop designed for immediate operation, and it can be purchased either with the full existing setup or as the building without the set up and materials. The asking structure is priced based on the building without the equipment and materials included in the setup.
The shop is located in a high-traffic area and is close to downtown Tyler. Please call the listing agent to schedule a private showing.
For buyers evaluating options, the current offering provides flexibility to acquire the turnkey operation or convert the building to an alternative configuration depending on what is included with the purchase.
The shop is located in a high-traffic area and is close to downtown Tyler. Please call the listing agent to schedule a private showing.
For buyers evaluating options, the current offering provides flexibility to acquire the turnkey operation or convert the building to an alternative configuration depending on what is included with the purchase.
Key Highlights
- Auto repair shop for sale with option to purchase with the full set‑up or building only
- Price is based without the set‑up and materials
- Located in a high‑traffic area near downtown Tyler
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 | $45.3k | $17.52 |
| − Vacancy | −$2.3k | −$0.88 |
| EGI | $43.0k | $16.64 |
| − OpEx | −$12.9k | −$4.99 |
| NOI | $30.1k | $11.65 |
2,585 SF · lease $17.52/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$430.2K
$376.5K – $502.0K
NOI $30,117 @ 7.0% cap · market cap 7.09%
Second Best
Industrial
$158.0K
$138.2K – $184.3K
NOI $11,059 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$577.0K
$504.8K – $673.1K
NOI $40,387 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tucker's Quickfix
Auto Repair Shop
Similar Off Market Nearby
- Latinos Used tires — 903 S Vine Ave, Tyler, TX 75701
- Tyler Towing's Service — 747 S Beckham Ave, Tyler, TX 75701
- Auto Medic Mobile Mechanic — 809 S Robertson Ave, Tyler, TX 75701
- iaw diagnostics and repair — 707 S Broadway Ave #7, Tyler, TX 75701
- Texas Tint Residential and Commercial Window Tint — 815 S Bois D Arc Ave, Tyler, TX 75701
FAQs
What type of property is this?
Auto shop - Auto repair shop offered for sale with option to purchase with setup or building only.
Where is this auto shop located?
The property is located at 216 E Front St Tyler, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Auto repair shop for sale with option to purchase with the full set‑up or building only; Price is based without the set‑up and materials; Located in a high‑traffic area near downtown Tyler
