Fenced Auto Shop with Paint
New
For Sale
$599,000
2136 California Crossing Rd, Dallas, TX 75220
Industrial Research District property with secured vehicle storage, service infrastructure, and vacant delivery for owner-user occupancy.
Property Size2,160 SF
Price / SF$277.31
Days on Market2
Property Features for 2136 California Crossing Rd
General Information
Standard status
Active
Size
2,160 SF
Total Parking Spaces
20
Zoning
IR
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Amenities
overhead doors
paint booth
air compressor
office with HVAC
restroom
concrete lot
Building Details
Year Built
1980
Buildings
1
Construction
pre-engineered steel
Listing Agency:
Fathom Realty LLC
Listed By:
Eddy Gomez
(817) 920-7700
Source:
Teamrobbins
Added: Sep 11
Last Checked: Sep 11 at 7:33AM
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 automotive service property includes a 2,160-square-foot pre-engineered steel building on a fully concrete lot. The interior provides two overhead doors, an office with HVAC, and a restroom, while a fully permitted professional paint booth and air compressor convey with the sale. Fencing and a gated entrance secure the site, with room for approximately 15–20 vehicles for parking or storage.
The property is located at 2136 California Crossing Rd in Dallas, with access to Loop 12, I-35E, Northwest Highway, and other major transportation routes serving the Dallas-Fort Worth Metroplex. Built in 1980 and zoned IR (Industrial Research District), the site is configured for automotive operations and can support other permitted industrial uses. Delivery will be vacant at closing, allowing an owner-user to occupy the facility or an investor to pursue leasing immediately.
The property is located at 2136 California Crossing Rd in Dallas, with access to Loop 12, I-35E, Northwest Highway, and other major transportation routes serving the Dallas-Fort Worth Metroplex. Built in 1980 and zoned IR (Industrial Research District), the site is configured for automotive operations and can support other permitted industrial uses. Delivery will be vacant at closing, allowing an owner-user to occupy the facility or an investor to pursue leasing immediately.
Key Highlights
- 2,160 SF pre‑engineered steel automotive building
- IR (Industrial Research District) zoning
- Fully permitted professional 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
Industrial
$175.9K
$153.9K – $205.3K
NOI $12,315 @ 7.0% cap · market cap 2.06%
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
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
623
Businesses Nearby
39k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 40%
Apparel 3%
Hotels & Casinos 3%
McDonald's
Dining
15,529 visits/mo
0.4 miles
Exxon
Shops & Services
6,381 visits/mo
0.4 miles
Exxon
Shops & Services
5,598 visits/mo
0.2 miles
RaceTrac
Shops & Services
4,383 visits/mo
0.3 miles
7-Eleven
Shops & Services
3,644 visits/mo
0.3 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Auto shop - Industrial Research District property with secured vehicle storage, service infrastructure, and vacant delivery for owner-user occupancy.
Where is this auto shop located?
The property is located at 2136 California Crossing Rd 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 automotive building; IR (Industrial Research District) zoning; Fully permitted professional paint booth and air compressor convey
