Automotive Service
206 Watters Street Cleburne, TX 76031
New
For Sale
$425,000
Turnkey automotive facility with four service bays, three car lifts, and fenced on-site parking.
Property Size3,320 SF
Price / SF$128.01
Days on Market3
Property Features for 206 Watters Street
General Information
- Standard status
- Active
- Size
- 3,320 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1994
Listing Agency:
Keller Williams Brazos West
(817) 907-2688
Listed By:
Paula Maples · License #0557491
(817) 907-2688
Source:
Fullhouserealtytx
Added: Jul 21
Changed: Jul 22
Last Checked: Jul 23 at 7:32AM
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 Keller Williams Brazos West
Investment Insights
Based on property information with market context.
This turnkey automotive service facility is designed for practical workflow, featuring four spacious service bays and three car lifts. The property also includes a dedicated owner’s office plus additional office space currently configured for income-producing rental or overflow office use.
The site offers ample on-site parking and is fully fenced for vehicle and security needs, with vehicle access intended to support day-to-day operations.
Buyer to verify all information, including room and lot sizes, taxes, and amenities. Neither the seller nor the listing agent makes any warranties or representations regarding the accuracy of the information provided.
The site offers ample on-site parking and is fully fenced for vehicle and security needs, with vehicle access intended to support day-to-day operations.
Buyer to verify all information, including room and lot sizes, taxes, and amenities. Neither the seller nor the listing agent makes any warranties or representations regarding the accuracy of the information provided.
Key Highlights
- Built in 1994 established automotive facility with four service bays and three car lifts
- Includes a dedicated owner's office plus additional office space currently suitable for rental income or overflow
- Fully fenced site with ample on‑site parking for secure vehicle access and workflow
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 | $27.0k | $8.12 |
| − Vacancy | −$2.5k | −$0.74 |
| EGI | $24.5k | $7.38 |
| − OpEx | −$7.4k | −$2.21 |
| NOI | $17.2k | $5.17 |
3,320 SF · lease $8.12/SF/yr · vacancy 9.10% · expense 30.00%
Alternative Uses
Best Use
Office B
$793.3K
$694.2K – $925.6K
NOI $55,534 @ 7.0% cap · market cap 13.07%
Second Best
Retail
$787.2K
$688.8K – $918.5K
NOI $55,107 @ 7.0% cap · market cap 12.97%
Theoretical Best
Multifamily LT 5
$39.80M
$34.82M – $46.43M
NOI $2,785,697 @ 7.0% cap · market cap 655.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
FAQs
What type of property is this?
Auto shop - Turnkey automotive facility with four service bays, three car lifts, and fenced on-site parking.
Where is this auto shop located?
The property is located at 206 Watters Street Cleburne, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Built in 1994 established automotive facility with four service bays and three car lifts; Includes a dedicated owner's office plus additional office space currently suitable for rental income or overflow; Fully fenced site with ample on‑site parking for secure vehicle access and workflow
