Big Brand 18-Bay Auto
For Sale
Contact for pricing
1635 BONHAM ST, Paris, TX 75460
Automotive service facility designed for tire and vehicle maintenance operations.
Property Size15,010 SF
Price / SF$102.49
Days on Market130
Property Features for 1635 BONHAM ST
General Information
Standard status
Active
Size
15,010 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$100,000
Additional Details
Service Bays
18
Building Details
Year Renovated
2026
Units
1
Tenancy
Single
Listing Agency:
Bang Realty
(888) 737-2264
Listed By:
Brian Brockman · License #298998
Source:
Crexi
Added: Apr 24
Changed: Aug 30
Last Checked: Aug 30 at 3:43PM
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 Bang Realty
Investment Insights
Based on property information with market context.
Big Brand Tire & Service is an automotive service property with an 18-bay configuration and 15,010 square feet of building area. The facility is identified for tire and vehicle service operations and is located at 1635 Bonham St in Paris, Texas.
Key Highlights
- 18‑bay automotive service facility
- 15,010 SF building area
- Big Brand Tire & Service identity
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
$76,620
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
4.98%
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%
$1,532,400
$1.5M
Cap Rate 7%
$1,094,571
$1.1M
Cap Rate 9%
$851,333
$851.3K
Market Conditions
NOI Build-Up for 15,010 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
$120.7K $8.04/SF
− Vacancy
−$11.2K −$0.75/SF
EGI
$109.5K $7.29/SF
− OpEx
−$32.8K −$2.19/SF
NOI
$76.6K $5.10/SF
Area
Lamar County, TX
Vacancy
9.30%
Lease Rate
$8.04 /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%
$1,532,400
Cap Rate 7%
$1,094,571
Cap Rate 9%
$851,333
Alternative Uses
Best Use
Retail
$3.56M
$3.11M – $4.15M
NOI $249,142 @ 7.0% cap · market cap 16.19%
Second Best
Industrial
$1.09M
$957.8K – $1.28M
NOI $76,620 @ 7.0% cap · market cap 4.98%
Theoretical Best
Hotel Hospitality
$11.31M
$9.89M – $13.19M
NOI $791,402 @ 7.0% cap · market cap 51.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18
Service bays
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
14k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Dining 5%
Dollar General
Shops & Services
8,966 visits/mo
0.1 miles
Valero Energy
Shops & Services
2,709 visits/mo
0.2 miles
Jiffy Lube
Shops & Services
1,241 visits/mo
0.1 miles
Braum's Ice Cream & Dairy Stores
Dining
724 visits/mo
0.3 miles
Demographics for 75460, TX
22,925
Population
11,210
Households
2
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
225
Density / Sq Mi
$44,241
Median Household Income
$30,546
Median Earnings
$895
Median Rent
$123,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Rick's Garage — 1930 W Sherman St, Paris, TX 75460
- Wild Design Performance — 1010 W Austin St, Paris, TX 75460
- Paul Green's Complete Auto Repair — 2630 Bonham St, Paris, TX 75460
- Good Year Tires — 1635 Bonham St, Paris, TX 75460
- Hicks Muffler & Tire — 1635 Bonham St, Paris, TX 75460
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive service facility designed for tire and vehicle maintenance operations.
Where is this auto shop located?
The property is located at 1635 BONHAM ST Paris, TX.
What is the asking price?
The asking price for this property is $1,538,400.
What are key features of this property?
This property features: 18‑bay automotive service facility; 15,010 SF building area; Big Brand Tire & Service identity
