Auto Shop with Office
For Sale
$550,000
1354 W Wheeler, Aransas Pass, TX 78336
Work areas are complemented by storage and parking for customers and vehicles.
Property Size3,200 SF
Price / SF$171.88
Days on Market10
Property Features for 1354 W Wheeler
General Information
Standard status
Active
Size
3,200 SF
Building Details
Year Built
1972
Listing Agency:
Vaden MacLeod Real Estate
Listed By:
Zaira Sansom · License #0740795
(361) 230-3028
Source:
Thebranchinc
Added: Oct 7
Changed: Oct 12
Last Checked: Oct 7 at 2:41PM
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 Vaden MacLeod Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This automotive property includes shop and work areas, office space, and storage. The site also has parking for customers and vehicles. The building contains 3,200 square feet and dates to 1972.
Located at 1354 W Wheeler in Aransas Pass, the property is configured for automotive-related business operations.
Located at 1354 W Wheeler in Aransas Pass, the property is configured for automotive-related business operations.
Key Highlights
- 3,200‑square‑foot automotive property
- Shop and work areas with office space and storage
- Parking for customers and vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,938
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,760
$318.8K
Cap Rate 7%
$227,686
$227.7K
Cap Rate 9%
$177,089
$177.1K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$25.7K $8.04/SF
− Vacancy
−$3.0K −$0.92/SF
EGI
$22.8K $7.12/SF
− OpEx
−$6.8K −$2.13/SF
NOI
$15.9K $4.98/SF
Area
San Patricio County, TX
Vacancy
11.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,760
Cap Rate 7%
$227,686
Cap Rate 9%
$177,089
Alternative Uses
Best Use
Industrial
$227.7K
$199.2K – $265.6K
NOI $15,938 @ 7.0% cap · market cap 2.90%
Second Best
Retail
$204.9K
$179.3K – $239.1K
NOI $14,343 @ 7.0% cap · market cap 2.61%
Theoretical Best
Hotel Hospitality
$1.64M
$1.44M – $1.92M
NOI $114,912 @ 7.0% cap · market cap 20.89%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78336, TX
12,009
Population
6,577
Households
1.8
Avg Household Size
45
Median Age
16%
College-Educated
87%
High-School Grad
60.0 sq mi
ZIP Area
200
Density / Sq Mi
$58,536
Median Household Income
$37,297
Median Earnings
$1,182
Median Rent
$204,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Lone Star Paintless Dent Repair — 325 s saunders st, aransas pass, tx 78336
- Commercial Motor Company — 160 S Commercial St, Aransas Pass, TX 78336
- Commercial Motor Company Collision — 160 s commercial st, aransas pass, tx 78336
- Commercial Motor Company Lincoln Collision — 160 s commercial st, aransas pass, tx 78336
- Commercial Motor Company Lincoln Service — 160 S Commercial St, Aransas Pass, TX 78336
Frequently Asked Questions
What type of property is this?
Auto shop - Work areas are complemented by storage and parking for customers and vehicles.
Where is this auto shop located?
The property is located at 1354 W Wheeler Aransas Pass, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,200‑square‑foot automotive property; Shop and work areas with office space and storage; Parking for customers and vehicles
