Fenced Auto Shop with Paint
For Sale
$599,000
2136 California Crossing Road, Dallas, TX 75220
IR-zoned automotive facility with gated access, concrete surfacing, and dedicated office and restroom areas.
Property Size2,160 SF
Price / SF$277.31
Days on Market12
Property Features for 2136 California Crossing Road
General Information
Standard status
Active
Size
2,160 SF
Property subtype
Industrial
Taxes and HOA fees
Annual Taxes
$4,833
Amenities
A/C - Other
3
Building Details
Year Built
1980
Listing Agency:
Fathom Realty LLC
(888) 455-6040
Listed By:
Eddy Gomez
Source:
Xome
Added: Jul 30
Changed: Aug 9
Last Checked: Aug 9 at 11:51AM
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 Fathom Realty LLC
Investment Insights
Based on property information with market context.
This 2,160-square-foot auto shop at 2136 California Crossing Road includes a pre-engineered steel building constructed in 1980. The automotive configuration includes two overhead doors, a permitted professional paint booth, and an air compressor, with both pieces of equipment conveying with the sale. Interior improvements include an air-conditioned office and restroom. The fully concrete site is enclosed by fencing and accessed through a secured gate, with room for approximately 15–20 vehicles for parking or storage.
The property is located in Dallas with access to Loop 12, I-35E, Northwest Highway, and other major transportation routes serving the Dallas-Fort Worth Metroplex. It is zoned IR, or Industrial Research District. Delivery will be vacant at closing, supporting immediate owner occupancy or leasing.
The property is located in Dallas with access to Loop 12, I-35E, Northwest Highway, and other major transportation routes serving the Dallas-Fort Worth Metroplex. It is zoned IR, or Industrial Research District. Delivery will be vacant at closing, supporting immediate owner occupancy or leasing.
Key Highlights
- 2,160 SF pre‑engineered steel building on a fully concrete lot
- IR (Industrial Research District) zoning
- Two overhead doors, permitted paint booth, and air compressor convey
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
$34,755
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
5.80%
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%
$695,100
$695.1K
Cap Rate 7%
$496,500
$496.5K
Cap Rate 9%
$386,167
$386.2K
Market Conditions
NOI Build-Up for 2,160 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
$52.1K $24.12/SF
− Vacancy
−$2.4K −$1.13/SF
EGI
$49.7K $22.99/SF
− OpEx
−$14.9K −$6.90/SF
NOI
$34.8K $16.09/SF
Area
Dallas, TX
Vacancy
4.70%
Lease Rate
$24.12 /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%
$695,100
Cap Rate 7%
$496,500
Cap Rate 9%
$386,167
Alternative Uses
Best Use
Retail
$496.5K
$434.4K – $579.3K
NOI $34,755 @ 7.0% cap · market cap 5.80%
Second Best
Flex RnD
$270.8K
$236.9K – $315.9K
NOI $18,954 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$2.59M
$2.27M – $3.02M
NOI $181,428 @ 7.0% cap · market cap 30.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
323
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75220, TX
39,627
Population
15,589
Households
2.5
Avg Household Size
32
Median Age
23%
College-Educated
61%
High-School Grad
11.3 sq mi
ZIP Area
3,507
Density / Sq Mi
$57,787
Median Household Income
$33,127
Median Earnings
$1,164
Median Rent
$449,500
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
- WOW Automotive — 10310 Bickham Rd #100, Dallas, TX 75220
- Marito’s mechanic shop — 10344 Bickham Rd suite 200, Dallas, TX 75220
- All-Star Dent Repair — 2000 Sandy Ln, Dallas, TX 75220
- Auto Hail Repair by DFW Storm Solutions, LLC — 2000 Sandy Ln Building C, Dallas, TX 75220
- Targa Auto Expert — 10240 Bickham Rd Suit 350, Dallas, TX 75220
Frequently Asked Questions
What type of property is this?
Auto shop - IR-zoned automotive facility with gated access, concrete surfacing, and dedicated office and restroom areas.
Where is this auto shop located?
The property is located at 2136 California Crossing Road Dallas, 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: 2,160 SF pre‑engineered steel building on a fully concrete lot; IR (Industrial Research District) zoning; Two overhead doors, permitted paint booth, and air compressor convey
