Automotive Tire Shop and
1601 N Kaufman Street Ennis, TX 75119
1601 N Kaufman Street, Ennis, TX, 75119
$550,000
For Sale
$550,000
Turnkey tire and automotive service operation with prominent frontage and convenient I-45 access.
Property Size3,411 SF
Price / SF$161.24
Days on Market50
Property Features for 1601 N Kaufman Street
General Information
- Standard status
- Active
- Size
- 3,411 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1989
Listing agency
Mersaes Real Estate, Inc.
(972) 795-9397
Listed by
Joseph Cranshaw · License #0714723
(972) 795-9397
Source
Signaturere
Added: Jun 3 Updated: Jul 10 at 1:48PM Checked: Jul 16 at 2:07PM
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 Mersaes Real Estate, Inc.
Investment Insights
Based on property information with market context.
This offering combines an established tire shop with a commercial building at 1601 N Kaufman Street. The property is presented as a turnkey opportunity, with inventory and equipment included with an acceptable offer. The layout supports customer-facing service operations, along with customer parking, storage space, and prominent street frontage on a high-traffic corridor.
The site’s visibility and access are key advantages, positioned for convenient entry from the surrounding roadway network with access to I-45. Its location in Ennis, TX also benefits from being in a growing part of Ellis County, supporting continued demand for everyday automotive services.
For an owner-operator or automotive business buyer, this property is well suited as an operating tire and service location with parking and storage already in place. For investors or operators seeking to expand into automotive services, the turnkey nature of the business and the included inventory and equipment can help reduce the startup timeline associated with building an operation from scratch.
The site’s visibility and access are key advantages, positioned for convenient entry from the surrounding roadway network with access to I-45. Its location in Ennis, TX also benefits from being in a growing part of Ellis County, supporting continued demand for everyday automotive services.
For an owner-operator or automotive business buyer, this property is well suited as an operating tire and service location with parking and storage already in place. For investors or operators seeking to expand into automotive services, the turnkey nature of the business and the included inventory and equipment can help reduce the startup timeline associated with building an operation from scratch.
Key Highlights
- Tire shop and commercial building opportunity at 1601 N Kaufman St in Ennis
- Year built: 1989
- Ojeda's Tire Shop includes inventory and equipment with an acceptable offer
Local Financial Insights For Industrial
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 | $27.7k | $8.12 |
| − Vacancy | −$2.4k | −$0.71 |
| EGI | $25.3k | $7.41 |
| − OpEx | −$7.6k | −$2.22 |
| NOI | $17.7k | $5.18 |
3,411 SF · lease $8.12/SF/yr · vacancy 8.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$808.8K
$707.7K – $943.6K
NOI $56,617 @ 7.0% cap · market cap 10.29%
Second Best
Industrial
$252.6K
$221.0K – $294.7K
NOI $17,682 @ 7.0% cap · market cap 3.21%
Theoretical Best
Multifamily LT 5
$37.22M
$32.57M – $43.42M
NOI $2,605,374 @ 7.0% cap · market cap 473.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- B and J Small Engine Repair — 505 N Breckenridge St, Ennis, TX 75119
- Rip's Powersports — 505 N Breckenridge St, Ennis, TX 75119
- Big E Used Tires — 408 N Kaufman St, Ennis, TX 75119
- CK Customs — 308 N Kaufman St, Ennis, TX 75119
- Limitless Fleet Services LLC — 205 E Denton St, Ennis, TX 75119
FAQs
What type of property is this?
Auto shop - Turnkey tire and automotive service operation with prominent frontage and convenient I-45 access.
Where is this auto shop located?
The property is located at 1601 N Kaufman Street Ennis, 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: Tire shop and commercial building opportunity at 1601 N Kaufman St in Ennis; Year built: 1989; Ojeda's Tire Shop includes inventory and equipment with an acceptable offer