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    Automotive Service Building with Living Quarters Title is generated by Realmo AI

    1903 Junction Hwy, Kerrville, TX 78028

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    Claim this Listing
    New
    For Sale
    $990,000

    COMMERCIAL - Kerrville, TX

    Property size:
    2,100 SF
    Lot size:
    1.21 Acres
    Price / SF:
    $471/SF
    Added:
    Jun 4, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 4 at 10:06 pm

    Property Features for 1903 Junction Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    F-1 Commercial
    Security features
    Security System
    Exterior features
    Lighting
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    Size
    2,100 SF
    Lot size
    1.21 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1981
    Number of units
    1
    Flooring type
    Vinyl
    Building materials
    Rock Veneer
    Roof type
    Metal

    We can help!

    Listing Contact
    Somer Tinsley
    Somer Tinsley

    Listing agent Somer Tinsley License #0619132

    Listing office eXp Realty LLC / Tinsley Realty Group 817 Sidney Baker Street, Kerrville, TX

    Listing date Jun 4, 2026

    MLS# 124589

    Copyright © 2026 Kerrville Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Commercial property built in 1981 with a metal roof and rock veneer exterior
    • Central heating and central air with electric heating and electric cooling
    • Accessible approach with ramp and lighting on the exterior
    • Public utilities: electricity available, public water, and public sewer
    • Includes a 1,740 SF living quarters: 3‑bedroom, 2‑bath with a fireplace and laundry room
    • Flexible commercial setup for automotive repair, service, detailing, body work, and related business operations

    Overview

    This commercial property is set up to support automotive repair and related service uses, including detailing and body work, with a functional, adaptable interior designed for day-to-day operations. In addition to the service area, the property includes 1,740 square feet of living quarters featuring three bedrooms, two bathrooms, a fireplace, and a laundry room.

    The facility sits on a 1.21-acre lot and is described as providing convenient access and on-site parking, with a location intended to support customer visibility and accessibility. The property is zoned F-1 Commercial.

    For owner-users, the combination of service space and on-site living can support an on-demand workflow for automotive operations and other related business services. For investors, the flexible use profile and on-site parking may appeal to tenants seeking an automotive-capable facility with additional residential space on the same parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Antler Auto Car Dealership Daily Times Publishing House

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Superior Automotive — 82 Coronado Dr N, Kerrville, TX 78028
    • Moss Motors — 99 Coronado Dr N, Kerrville, TX 78028
    • Automart Automotive Repair Center — 88 Coronado Dr N #8, Kerrville, TX 78028
    • Valvoline Express Care @ Riverside — 1471 Junction Hwy, Kerrville, TX 78028
    • Riverside Oil Exchange — 1471 Junction Hwy, Kerrville, TX 78028

    Location Insight

    • Map
    • Local Demand
    City
    Kerrville
    County
    Kerr
    State
    Texas
    Longitude
    -99.1871293
    Latitude
    30.0695569

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    FAQs

    What type of property is this?
    Auto shop - Versatile automotive service space with convenient access, on-site parking, and a sizable 3-bedroom living unit.
    Where is this auto shop located?
    The property is located at 1903 Junction Hwy Kerrville, TX.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: Commercial property built in 1981 with a metal roof and rock veneer exterior; Central heating and central air with electric heating and electric cooling; Accessible approach with ramp and lighting on the exterior
    (830) 928-7193
    We can help!
    Listing Contact
    Somer Tinsley
    Somer Tinsley
    Real Estate License ID: 0619132
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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