7-Bay Auto
For Sale
$1,050,000
416 E Kennedale Pkwy, Kennedale, TX 76060
Grandfathered auto-body use with updated electrical service, bathrooms, and office areas.
Property Size3,612 SF
Price / SF$290.70
Days on Market36
Property Features for 416 E Kennedale Pkwy
General Information
Standard status
Active
Size
3,612 SF
Building Details
Year Built
1981
Listing Agency:
OnDemand Realty
Listed By:
Starria McLaughlin · License #0685236
(817) 721-4589
Source:
Minteerteam
Added: Sep 4
Changed: Oct 5
Last Checked: Oct 7 at 1:15PM
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 OnDemand Realty
Investment Insights
Based on property information with market context.
This 3,612-square-foot automotive property occupies a 0.445-acre lot at 416 E. Kennedale Parkway in Kennedale. The building includes seven bays and is grandfathered for auto-body operations, with lease agreements extending through mid-2026. Renovations completed in 2016 addressed the electrical system, bathrooms, and office areas, while on-site parking supports the property’s current configuration.
The property is located 0.5 miles from Kennedale Town Center and near I-20 and I-820. Reported traffic volume exceeds 10,000 vehicles per day. Advance Auto Parts and Texaco are among the established businesses in the surrounding area.
The property is located 0.5 miles from Kennedale Town Center and near I-20 and I-820. Reported traffic volume exceeds 10,000 vehicles per day. Advance Auto Parts and Texaco are among the established businesses in the surrounding area.
Key Highlights
- 3,612‑square‑foot building on a 0.445‑acre lot
- Seven‑bay layout with grandfathered auto‑body use
- Lease agreements extend through mid‑2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,953
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,199,060
$1.2M
Cap Rate 7%
$856,471
$856.5K
Cap Rate 9%
$666,144
$666.1K
Market Conditions
NOI Build-Up for 3,612 SF
Gross rent
$90.2K $24.96/SF
− Vacancy
−$4.5K −$1.25/SF
EGI
$85.6K $23.71/SF
− OpEx
−$25.7K −$7.11/SF
NOI
$60.0K $16.60/SF
Area
Tarrant County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,199,060
Cap Rate 7%
$856,471
Cap Rate 9%
$666,144
Alternative Uses
Best Use
Retail
$856.5K
$749.4K – $999.2K
NOI $59,953 @ 7.0% cap · market cap 5.71%
Second Best
Industrial
$290.9K
$254.6K – $339.4K
NOI $20,366 @ 7.0% cap · market cap 1.94%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,942 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
523
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
CubeSmart Self Storage
Shops & Services
523 visits/mo
0.5 miles
Demographics for 76060, TX
8,653
Population
3,208
Households
2.7
Avg Household Size
40
Median Age
29%
College-Educated
84%
High-School Grad
7.5 sq mi
ZIP Area
1,154
Density / Sq Mi
$117,993
Median Household Income
$56,838
Median Earnings
$1,300
Median Rent
$354,100
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
- Moniz Enterprises Inc — 1113 Kennedale Pkwy, Kennedale, TX 76060
- Big Red Automotive — 1117 Kennedale Pkwy Bldg A, Kennedale, TX 76060
- Jazz Automotive Inc. — 1111 Kennedale Pkwy, Kennedale, TX 76060
- Oliver's Auto Clinic — 1117 Kennedale Pkwy Ste B, Kennedale, TX 76060
- Performance Transmissions — 917 Kennedale Pkwy, Kennedale, TX 76060
Frequently Asked Questions
What type of property is this?
Auto shop - Grandfathered auto-body use with updated electrical service, bathrooms, and office areas.
Where is this auto shop located?
The property is located at 416 E Kennedale Pkwy Kennedale, TX.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 3,612‑square‑foot building on a 0.445‑acre lot; Seven‑bay layout with grandfathered auto‑body use; Lease agreements extend through mid‑2026
