Warehouse with Auto Body
2102 S Fm 5 Aledo, TX 76008
2102 S Fm 5, Aledo, TX, 76008
$549,000
For Sale
$549,000
Versatile property with a 6,000 SF warehouse auto body shop, plus a 1,118 SF two-bedroom, one-bath home on two parcels.
Property Size7,118 SF
Lot Size0.93 Acres
Price / SF$77.13
Days on Market10
Property Features for 2102 S Fm 5
General Information
- Standard status
- Active
- Size
- 7,118 SF
- Lot size
- 0.93 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1998
Listing agency
BHHS Premier Properties
(817) 808-0179
Listed by
Jennifer Franke · License #0620184
(817) 808-0179
Source
Cornerstonehomeandranch
Added: Jul 13 Updated: Jul 22 at 12:07PM Checked: Jul 22 at 12:07PM
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 BHHS Premier Properties
Investment Insights
Based on property information with market context.
This property offers a functional mix of warehouse and automotive-focused space, including a 6,000 SF warehouse currently described as an auto body shop. A separate 1,118 SF residential structure on-site provides an additional enclosed space that may be used for office, storage, or support functions, subject to applicable requirements. The site consists of approximately 0.93 acres across two contiguous parcels, with ample yard area to support day-to-day operations.
The property is zoned for warehouse use through Annetta South, and is described as being just minutes from Aledo. The seller notes that buyer should verify all information, including zoning, permitted uses, and any city requirements.
For an owner-user or investor seeking a property with established improvements and flexible potential, the combination of warehouse space and an additional enclosed structure on a sizable yard footprint is a practical setup to evaluate.
The property is zoned for warehouse use through Annetta South, and is described as being just minutes from Aledo. The seller notes that buyer should verify all information, including zoning, permitted uses, and any city requirements.
For an owner-user or investor seeking a property with established improvements and flexible potential, the combination of warehouse space and an additional enclosed structure on a sizable yard footprint is a practical setup to evaluate.
Key Highlights
- 6,000 SF warehouse built in 1998, currently set up as an auto body shop
- Includes a 1,118 SF 2‑bedroom, 1‑bath home that may be used as office, storage, or support space
- Approximately 0.93 acres across two contiguous parcels
Local Financial Insights For Warehouse
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 | $64.1k | $9.00 |
| − Vacancy | −$5.8k | −$0.82 |
| EGI | $58.2k | $8.18 |
| − OpEx | −$8.7k | −$1.23 |
| NOI | $49.5k | $6.95 |
7,118 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%
Alternative Uses
Best Use
Industrial
$7.07M
$6.19M – $8.25M
NOI $495,102 @ 7.0% cap · market cap 90.18%
Second Best
Retail
$1.64M
$1.43M – $1.91M
NOI $114,532 @ 7.0% cap · market cap 20.86%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Coleman County Catering — 105 Bridle Wood Ct, Aledo, TX 76008
FAQs
What type of property is this?
Flex space - Versatile property with a 6,000 SF warehouse auto body shop, plus a 1,118 SF two-bedroom, one-bath home on two parcels.
Where is this flex space located?
The property is located at 2102 S Fm 5 Aledo, TX.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 6,000 SF warehouse built in 1998, currently set up as an auto body shop; Includes a 1,118 SF 2‑bedroom, 1‑bath home that may be used as office, storage, or support space; Approximately 0.93 acres across two contiguous parcels
