Automotive Garage
For Sale
$1,450,000
13564 & 13580 Research Blvd, Austin, TX 78750
Automotive-oriented garage setup with multiple overhead doors, positioned for local vehicle service and storage operations.
Property Size4,500 SF
Days on Market60
Property Features for 13564 & 13580 Research Blvd
General Information
Standard status
Active
Size
4,500 SF
Property subtype
Industrial
Building Details
Building Size
4,500 SF
Year Built
1983
Listing Agency:
(512) 662-0754
Listed By:
Michael J.U. Watkins · License #TX #655329
Source:
7s
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 22 at 5:18AM
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 Michael J.U. Watkins
Investment Insights
Based on property information with market context.
This automotive-oriented commercial property is arranged around an enclosed garage configuration with four garage doors. The asset includes improvements that support vehicle service activity, and it has an automotive-themed operating setup consistent with an auto shop environment.
The property is listed for sale and located at 13564 & 13580 Research Blvd, Austin, TX 78750. It is presented as a multi-door garage facility suited to tenants or operators looking for a vehicle-focused footprint with direct roll-up/overhead access through multiple garage openings.
From a tenant or buyer standpoint, the configuration aligns well with light automotive service, repair, detailing, tire and wheel services, or related vehicle storage needs where overhead door access is important to workflow. Prospective buyers and tenants should review the condition of the garage doors and interior areas during diligence, particularly given that an incident referenced in public remarks involved impacts to three of the four garage doors.
The property is listed for sale and located at 13564 & 13580 Research Blvd, Austin, TX 78750. It is presented as a multi-door garage facility suited to tenants or operators looking for a vehicle-focused footprint with direct roll-up/overhead access through multiple garage openings.
From a tenant or buyer standpoint, the configuration aligns well with light automotive service, repair, detailing, tire and wheel services, or related vehicle storage needs where overhead door access is important to workflow. Prospective buyers and tenants should review the condition of the garage doors and interior areas during diligence, particularly given that an incident referenced in public remarks involved impacts to three of the four garage doors.
Key Highlights
- Built in 1983
- Automotive‑oriented garage setup with multiple overhead doors
- Garage includes 4 overhead doors (incident noted as damage to 3 out of 4 doors)
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
$79,237
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
5.46%
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%
$1,584,740
$1.6M
Cap Rate 7%
$1,131,957
$1.1M
Cap Rate 9%
$880,411
$880.4K
Market Conditions
NOI Build-Up for 4,500 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
$117.2K $26.04/SF
− Vacancy
−$4.0K −$0.89/SF
EGI
$113.2K $25.15/SF
− OpEx
−$34.0K −$7.55/SF
NOI
$79.2K $17.61/SF
Area
Austin, TX
Vacancy
3.40%
Lease Rate
$26.04 /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%
$1,584,740
Cap Rate 7%
$1,131,957
Cap Rate 9%
$880,411
Alternative Uses
Best Use
Retail
$1.13M
$990.5K – $1.32M
NOI $79,237 @ 7.0% cap · market cap 5.46%
Second Best
Industrial
$575.2K
$503.3K – $671.1K
NOI $40,263 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$1.76M
$1.54M – $2.06M
NOI $123,438 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,298
Businesses Nearby
137k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 36%
Dining 33%
Shops & Services 19%
Superstores 12%
H-E-B
Groceries
48,637 visits/mo
0.4 miles
Big Lots
Superstores
16,586 visits/mo
0.2 miles
Krispy Kreme Doughnuts
Dining
13,313 visits/mo
0.3 miles
Jim's Restaurant
Dining
12,944 visits/mo
0.3 miles
Jack in the Box
Dining
10,690 visits/mo
0.2 miles
Demographics for 78750, TX
28,348
Population
12,186
Households
2.3
Avg Household Size
40
Median Age
63%
College-Educated
96%
High-School Grad
11.8 sq mi
ZIP Area
2,402
Density / Sq Mi
$123,722
Median Household Income
$62,096
Median Earnings
$1,743
Median Rent
$552,800
Median Home Value
Market
Vacancy Rate% for Retail in Austin, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Jiffy Lube — 12621 Research Blvd, Austin, TX 78759
- Brake Check — 12032 Research Blvd, Austin, TX 78759
- Oak Knoll Automotive — 12538 Research Blvd, Austin, TX 78759
- Mobil 1 Lube Express NW — 12538 Research Blvd Ste A, Austin, TX 78759
- Quick Oil Change — 12028 Research Blvd, Austin, TX 78759
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive-oriented garage setup with multiple overhead doors, positioned for local vehicle service and storage operations.
Where is this auto shop located?
The property is located at 13564 & 13580 Research Blvd Austin, TX.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Built in 1983; Automotive‑oriented garage setup with multiple overhead doors; Garage includes 4 overhead doors (incident noted as damage to 3 out of 4 doors)
