Secured Drive-Through Auto
For Sale
$599,000
203 N Hampton Rd, Crowley, TX 76036
Metal building with multiple work areas, enclosed rooms, storage, and a full bathroom.
Property Size2,508 SF
Price / SF$238.84
Days on Market40
Property Features for 203 N Hampton Rd
General Information
Standard status
Active
Size
2,508 SF
Additional Details
Fenced Yard
Yes
Drive-In Doors
2
Service Bays
2
Amenities
wood privacy fence
chain-link front with rolling gate
front awning
walk-in entrance
three enclosed workrooms
workshop area
additional storage
full bathroom with walk-in shower
decked storage area
additional enclosed workshop
Building Details
Year Built
2001
Buildings
1
Construction
metal
Listing Agency:
eXp Realty, LLC
(888) 519-7431
Listed By:
Thanh Tran · License #0591841
Source:
Yourdavisteam
Added: Jul 21
Changed: Aug 29
Last Checked: Aug 26 at 5:55AM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This 2,508-square-foot metal auto shop, built in 2001, is arranged for automotive service and related commercial work. Roll-up doors at opposite ends of the building support vehicle movement through the structure, while the main level includes garage areas, three enclosed workrooms, a workshop, storage, and a full bathroom with a walk-in shower. An additional enclosed workshop and decked storage area are located upstairs above the garage spaces.
The property at 203 N Hampton Rd in Crowley is enclosed by wood privacy fencing on three sides, with chain-link fencing and a rolling gate along the front. A covered front awning and separate walk-in entrance provide distinct customer and operational access. The building is currently used as an automotive repair facility.
The property at 203 N Hampton Rd in Crowley is enclosed by wood privacy fencing on three sides, with chain-link fencing and a rolling gate along the front. A covered front awning and separate walk-in entrance provide distinct customer and operational access. The building is currently used as an automotive repair facility.
Key Highlights
- 2,508 SF metal auto shop built in 2001
- Two roll‑up bay doors positioned at opposite ends of the building
- Three enclosed workrooms plus main‑level garage, workshop, and storage areas
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
$41,629
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
6.95%
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%
$832,580
$832.6K
Cap Rate 7%
$594,700
$594.7K
Cap Rate 9%
$462,544
$462.5K
Market Conditions
NOI Build-Up for 2,508 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
$62.6K $24.96/SF
− Vacancy
−$3.1K −$1.25/SF
EGI
$59.5K $23.71/SF
− OpEx
−$17.8K −$7.11/SF
NOI
$41.6K $16.60/SF
Area
Tarrant County, TX
Vacancy
5.00%
Lease Rate
$24.96 /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%
$832,580
Cap Rate 7%
$594,700
Cap Rate 9%
$462,544
Alternative Uses
Best Use
Retail
$594.7K
$520.4K – $693.8K
NOI $41,629 @ 7.0% cap · market cap 6.95%
Second Best
Flex RnD
$393.5K
$344.3K – $459.1K
NOI $27,544 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$882.2K
$772.0K – $1.03M
NOI $61,757 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
2
Service bays
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76036, TX
31,589
Population
11,807
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
92%
High-School Grad
44.1 sq mi
ZIP Area
716
Density / Sq Mi
$94,124
Median Household Income
$48,214
Median Earnings
$1,579
Median Rent
$288,700
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
- CDH Truck and Trailer Repair, LLC — 453 S Crowley Rd, Fort Worth, TX 76036
- WORK TIME AUTO REPAIR SHOP — 204 S Hampton Rd, Crowley, TX 76036
- Crowley, TX 76036 Auto AC & Heating Repair Services — 204 S Hampton Rd, Crowley, TX 76036
- Crowley Tire & Auto Service — 101 E Main St, Crowley, TX 76036
- Roadside Assistance Now-Crowley — 201 S Tarrant St #15, Crowley, TX 76036
Frequently Asked Questions
What type of property is this?
Auto shop - Metal building with multiple work areas, enclosed rooms, storage, and a full bathroom.
Where is this auto shop located?
The property is located at 203 N Hampton Rd Crowley, TX.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 2,508 SF metal auto shop built in 2001; Two roll‑up bay doors positioned at opposite ends of the building; Three enclosed workrooms plus main‑level garage, workshop, and storage areas
