Automotive Repair Shop with
For Sale
$659,000
14510 China Spring Road, China Spring, TX 76633
Corner commercial property combines dedicated repair bays with flexible front-office space and central air.
Property Size4,020 SF
Price / SF$163.93
Days on Market1184
Property Features for 14510 China Spring Road
General Information
Standard status
Active
Size
4,020 SF
Property subtype
Office
Additional Details
Road Access
Yes
Office Build-Out
1,200 SF
Service Bays
6
Taxes and HOA fees
Annual Taxes
$4,484
Amenities
Central Air, Electric
C
Corner Lot.
Gravel.
Corner, City Road, Community Maintenance.
Building Details
Buildings
2
Listing Agency:
Bridge Realty
(254) 855-9542
Listed By:
Robert Barben · License #0629439
(254) 855-9542
Source:
Xome
Added: Jun 3, 2023
Changed: Aug 29
Last Checked: Aug 29 at 5:21PM
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 Bridge Realty
Investment Insights
Based on property information with market context.
This automotive property includes a front office building of approximately 1200 square feet, arranged with three offices, a welcome room, restroom, and storage area. The adjoining repair shop measures over 2800 square feet and contains six large overhead bay doors, an office, and a restroom. Central air and electric service are present, supporting the existing automotive repair operation.
The property encompasses over 2 acres of commercial land at 14510 China Spring Road in China Spring, Texas. More than 300 feet of road frontage places the site along a primary thoroughfare, while the corner-lot configuration provides an additional physical feature. Exterior conditions include gravel and community-maintained access.
The property encompasses over 2 acres of commercial land at 14510 China Spring Road in China Spring, Texas. More than 300 feet of road frontage places the site along a primary thoroughfare, while the corner-lot configuration provides an additional physical feature. Exterior conditions include gravel and community-maintained access.
Key Highlights
- Over 2 acres of commercial land at 14510 China Spring Road
- Over 300' of road frontage on a primary thoroughfare
- Repair shop measures over 2800 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$54,452
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,089,040
$1.1M
Cap Rate 7%
$777,886
$777.9K
Cap Rate 9%
$605,022
$605.0K
Market Conditions
NOI Build-Up for 4,020 SF
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.
Gross rent
$82.5K $20.52/SF
− Vacancy
−$4.7K −$1.17/SF
EGI
$77.8K $19.35/SF
− OpEx
−$23.3K −$5.81/SF
NOI
$54.5K $13.55/SF
Area
McLennan County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,089,040
Cap Rate 7%
$777,886
Cap Rate 9%
$605,022
Alternative Uses
Best Use
Retail
$777.9K
$680.7K – $907.5K
NOI $54,452 @ 7.0% cap · market cap 8.26%
Second Best
Office B
$769.2K
$673.1K – $897.5K
NOI $53,847 @ 7.0% cap · market cap 8.17%
Theoretical Best
Multifamily LT 5
$50.08M
$43.82M – $58.43M
NOI $3,505,556 @ 7.0% cap · market cap 531.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Service bays
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76633, TX
5,665
Population
1,930
Households
2.9
Avg Household Size
41
Median Age
31%
College-Educated
96%
High-School Grad
55.8 sq mi
ZIP Area
102
Density / Sq Mi
$105,174
Median Household Income
$47,469
Median Earnings
$1,685
Median Rent
$348,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Schronk Automotive — 14510 China Spring Rd, China Spring, TX 76633
- Mike's Paint Body & Frame Shop — 14510 China Spring Rd, China Spring, TX 76633
- Vakeels Towings LLC — 15180 Old China Spring Rd, China Spring, TX 76633
Frequently Asked Questions
What type of property is this?
Auto shop - Corner commercial property combines dedicated repair bays with flexible front-office space and central air.
Where is this auto shop located?
The property is located at 14510 China Spring Road China Spring, TX.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Over 2 acres of commercial land at 14510 China Spring Road; Over 300' of road frontage on a primary thoroughfare; Repair shop measures over 2800 square feet
