Automotive Shop with Highway
New
For Sale
$325,000
1805 N Swenson Street, Stamford, TX 79553
Commercial improvements include dedicated paint and mixing rooms, office space, and a carport for vehicle-related operations.
Property Size3,600 SF
Lot Size2.00 Acres
Price / SF$90.28
Days on Market7
Property Features for 1805 N Swenson Street
General Information
Standard status
Active
Size
3,600 SF
Lot size
2.00 Acres
Property subtype
Business
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
paint room
mixing room
carport
main shop with office space
Building Details
Year Built
1984
Listing Agency:
Epique Realty LLC
(512) 387-0722
Listed By:
Rene Jensen · License #0686665
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Aug 19
Changed: Aug 25
Last Checked: Aug 25 at 6:47AM
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 Epique Realty LLC
Investment Insights
Based on property information with market context.
This 3,600-square-foot commercial property includes a main shop, office space, paint room, mixing room, and carport. Constructed in 1984, the improvements previously supported an automotive paint and body operation and remain configured for service-oriented commercial use. The site contains approximately 2.003 acres, providing substantial land alongside the existing building.
Located at 1805 N. Swenson Street in Stamford, the property fronts both N. Swenson Street and Business U.S. Highway 277. Walmart and other established businesses are nearby, while the highway-facing position supports access for customers, employees, and deliveries. The property may accommodate automotive operations, equipment repair, warehousing, light industrial activity, contractor headquarters, or another service business, subject to applicable requirements.
Located at 1805 N. Swenson Street in Stamford, the property fronts both N. Swenson Street and Business U.S. Highway 277. Walmart and other established businesses are nearby, while the highway-facing position supports access for customers, employees, and deliveries. The property may accommodate automotive operations, equipment repair, warehousing, light industrial activity, contractor headquarters, or another service business, subject to applicable requirements.
Key Highlights
- Approximately 2.003 acres with frontage on N. Swenson Street and Business U.S. Highway 277
- 3,600 SF commercial property constructed in 1984
- Main shop with office space, paint room, mixing room, and carport
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
$24,419
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
7.51%
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%
$488,380
$488.4K
Cap Rate 7%
$348,843
$348.8K
Cap Rate 9%
$271,322
$271.3K
Market Conditions
NOI Build-Up for 3,600 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
$36.7K $10.20/SF
− Vacancy
−$1.8K −$0.51/SF
EGI
$34.9K $9.69/SF
− OpEx
−$10.5K −$2.91/SF
NOI
$24.4K $6.78/SF
Area
Jones County, TX
Vacancy
5.00%
Lease Rate
$10.20 /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%
$488,380
Cap Rate 7%
$348,843
Cap Rate 9%
$271,322
Alternative Uses
Best Use
Retail
$437.2K
$382.5K – $510.1K
NOI $30,603 @ 7.0% cap · market cap 9.42%
Second Best
Flex RnD
$433.6K
$379.4K – $505.9K
NOI $30,354 @ 7.0% cap · market cap 9.34%
Theoretical Best
Office A
$803.8K
$703.3K – $937.7K
NOI $56,264 @ 7.0% cap · market cap 17.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79553, TX
3,202
Population
1,582
Households
2
Avg Household Size
42
Median Age
17%
College-Educated
86%
High-School Grad
184.6 sq mi
ZIP Area
17
Density / Sq Mi
$45,489
Median Household Income
$19,949
Median Earnings
$1,033
Median Rent
$66,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Anders Auto Body Shop — 701 N Swenson St, Stamford, TX 79553
- Stamford Paint & Body Shop — 1805 N Swenson St, Stamford, TX 79553
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial improvements include dedicated paint and mixing rooms, office space, and a carport for vehicle-related operations.
Where is this auto shop located?
The property is located at 1805 N Swenson Street Stamford, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Approximately 2.003 acres with frontage on N. Swenson Street and Business U.S. Highway 277; 3,600 SF commercial property constructed in 1984; Main shop with office space, paint room, mixing room, and carport
