Auto Shop
For Sale
$154,900
212 E Market Street, Sinton, TX 78387
CommercialSale, Sinton, TX
Property Size1,920 SF
Lot Size0.17 Acres
Price / SF$80.68
Days on Market426
Property Features for 212 E Market Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
On Street
Subdivision
Sinton-Sinton Townsite
Standard status
Active
APN
60340
Size
1,920 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
SINTON TOWNSITE BLK 35 LOT 3
Legal Description
SINTON TOWNSITE BLK 35 LOT 3
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1950
Floors in Building
1
Listing Agency:
Luxe Realty Group
(361) 944-8176
Listed By:
Kerry Simmons · License #0589937
(361) 816-8304
Added: Jul 1, 2025
Changed: Aug 27
Last Checked: Aug 30 at 7:06PM
MLS# 481149
Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,920-square-foot commercial building in Sinton dates to 1950 and was formerly used as a service garage. The property occupies 0.17 acres and provides a dedicated commercial structure for an automotive-related use.
Public water and public sewer serve the property. Parking is available on the street, and the site is located at 212 E Market Street in Sinton, Texas.
Public water and public sewer serve the property. Parking is available on the street, and the site is located at 212 E Market Street in Sinton, Texas.
Key Highlights
- 1,920‑square‑foot commercial building
- Former service garage use
- Built in 1950
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
$9,563
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
6.17%
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%
$191,260
$191.3K
Cap Rate 7%
$136,614
$136.6K
Cap Rate 9%
$106,256
$106.3K
Market Conditions
NOI Build-Up for 1,920 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
$15.4K $8.04/SF
− Vacancy
−$1.8K −$0.92/SF
EGI
$13.7K $7.12/SF
− OpEx
−$4.1K −$2.13/SF
NOI
$9.6K $4.98/SF
Area
San Patricio County, TX
Vacancy
11.50%
Lease Rate
$8.04 /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%
$191,260
Cap Rate 7%
$136,614
Cap Rate 9%
$106,256
Alternative Uses
Best Use
Industrial
$136.6K
$119.5K – $159.4K
NOI $9,563 @ 7.0% cap · market cap 6.17%
Second Best
Flex RnD
$126.9K
$111.0K – $148.0K
NOI $8,880 @ 7.0% cap · market cap 5.73%
Theoretical Best
Hotel Hospitality
$985.0K
$861.8K – $1.15M
NOI $68,947 @ 7.0% cap · market cap 44.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78387, TX
9,936
Population
3,762
Households
2.6
Avg Household Size
38
Median Age
11%
College-Educated
81%
High-School Grad
172.2 sq mi
ZIP Area
58
Density / Sq Mi
$48,000
Median Household Income
$29,620
Median Earnings
$918
Median Rent
$122,400
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
- Faustinomechanics — 732 park st, Sinton, TX 78387
- Sinton Lube — 504 S San Patricio St, Sinton, TX 78387
- ATS Tire Services — 518 W Merriman St, Sinton, TX 78387
- Joe's Paint & Body — 216 E Market St, Sinton, TX 78387
- South Texas Autosport — 402 E Market St, Sinton, TX 78387
Frequently Asked Questions
What type of property is this?
Auto shop - The property includes public water and sewer service with on-street parking.
Where is this auto shop located?
The property is located at 212 E Market Street Sinton, TX.
What is the asking price?
The asking price for this property is $154,900.
What are key features of this property?
This property features: 1,920‑square‑foot commercial building; Former service garage use; Built in 1950
