1506 Martinez Lane Wylie, TX 75098
Six-bay automotive shop with lifts and roll-up doors.
- Added:
- May 14, 2026
- Days on Market:
- 62
- Last Refresh:
- Jul 5 at 12:25 pm
Property Features for 1506 Martinez Lane
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Lot size
- 0.31 Acres
- Property subtype
- Industrial, Special Purpose
Listing office Henry S. Miller Dallas / Fort Worth
Listing date May 14, 2026
Source Crexi
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 Henry S. Miller Dallas / Fort Worth
Investment Insights
Based on property information with market context.
Key Highlights
- Six bay automotive shop ideal for auto repair operations.
- Includes three lifts with air compressor.
- Features three 14‑foot roll‑up doors.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.2k | $24.12 |
| − Vacancy | −$3.6k | −$1.13 |
| EGI | $73.6k | $22.99 |
| − OpEx | −$22.1k | −$6.90 |
| NOI | $51.5k | $16.09 |
Alternative Uses
Property Analytics
Current Use by Public Records
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