Auto Repair Building with Multiple
For Sale
$600,000
Pending
4515 Bernal Drive, Dallas, TX 75212
Auto repair facility on five commercial lots at one address, built in 1968, with residential redevelopment potential.
Property Size2,400 SF
Days on Market71
Property Features for 4515 Bernal Drive
General Information
Standard status
Pending
Size
2,400 SF
Property subtype
Industrial
Additional Details
Gross Income
$39,000
Building Details
Year Built
1968
Tenancy
Single
Listing Agency:
Su Kaza Realty, LLC
(817) 889-3522
Listed By:
Jasmin Pargas · License #0798071
(817) 896-0243
Source:
Lonestarluxuryrealty
Added: Jul 29
Changed: Sep 29
Last Checked: Oct 5 at 6:21PM
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 Su Kaza Realty, LLC
Investment Insights
Based on property information with market context.
This auto repair facility is situated on five commercial lots that all share the same address, providing flexibility for an end user or investor. The site is currently operating as an auto repair business under an existing lease.
The property is located in Dallas, Texas, just minutes from Trinity Groves and Downtown Dallas. The property also offers the possibility of being rezoned for residential development, subject to city approval.
Built in 1968, the building provides an established footprint totaling 2,400 SF. The combination of active income use and redevelopment optionality may appeal to buyers looking for a site that can accommodate continued automotive operations or a change in use, subject to applicable approvals.
The property is located in Dallas, Texas, just minutes from Trinity Groves and Downtown Dallas. The property also offers the possibility of being rezoned for residential development, subject to city approval.
Built in 1968, the building provides an established footprint totaling 2,400 SF. The combination of active income use and redevelopment optionality may appeal to buyers looking for a site that can accommodate continued automotive operations or a change in use, subject to applicable approvals.
Key Highlights
- Auto repair facility currently operating under an existing lease
- Five commercial lots at the same address
- 2,400 SF building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,617
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,340
$772.3K
Cap Rate 7%
$551,671
$551.7K
Cap Rate 9%
$429,078
$429.1K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$57.9K $24.12/SF
− Vacancy
−$2.7K −$1.13/SF
EGI
$55.2K $22.99/SF
− OpEx
−$16.6K −$6.90/SF
NOI
$38.6K $16.09/SF
Area
Dallas, TX
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,340
Cap Rate 7%
$551,671
Cap Rate 9%
$429,078
Alternative Uses
Best Use
Retail
$551.7K
$482.7K – $643.6K
NOI $38,617 @ 7.0% cap · market cap 6.44%
Second Best
Industrial
$195.5K
$171.1K – $228.1K
NOI $13,684 @ 7.0% cap · market cap 2.28%
Theoretical Best
Office A
$2.88M
$2.52M – $3.36M
NOI $201,586 @ 7.0% cap · market cap 33.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75212, TX
27,329
Population
9,250
Households
3
Avg Household Size
31
Median Age
16%
College-Educated
62%
High-School Grad
10.0 sq mi
ZIP Area
2,733
Density / Sq Mi
$56,279
Median Household Income
$34,458
Median Earnings
$1,085
Median Rent
$204,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Rojas Auto Service — 5310 Bernal Dr, Dallas, TX 75212
- Los Dos Amigos Tire Shop — 3298-3000 Ingersoll St, Dallas, TX 75212
- A&W Truck Service — 5401 Bernal Dr, Dallas, TX 75212
- Gary's — 5207 Singleton Blvd, Dallas, TX 75212
- A & W Truck Service — 5391 bernal dr, dallas, tx 75212
Frequently Asked Questions
What type of property is this?
Auto shop - Auto repair facility on five commercial lots at one address, built in 1968, with residential redevelopment potential.
Where is this auto shop located?
The property is located at 4515 Bernal Drive Dallas, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Auto repair facility currently operating under an existing lease; Five commercial lots at the same address; 2,400 SF building
