Auto Repair Shop with Oversized
New
For Sale
$800,000
2301 S Denley Drive, Dallas, TX 75216
CommercialSale, Dallas, TX
Property Size2,874 SF
Lot Size0.27 Acres
Price / SF$278.36
Days on Market4
Property Features for 2301 S Denley Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Auto Repair
Parking features
RV, Parking Lot, Open, Garage
Subdivision
Broadmoor
Directions
Follow I-20 E to W Illinois Ave in Dallas, and take exit 424 from I-35E N. This route includes tolls and highways
Standard status
Active
APN
00000311212000000
Lot size
0.27 Acres
Taxes and HOA fees
Tax Description
BROADMOOR BLK 29/4228 LT 10 LESS ROW
Tax Annual Amount
2128
Legal Description
BROADMOOR BLK 29/4228 LT 10 LESS ROW
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
office-waiting area
restrooms
Building Details
Year built
1980
Floors in Building
2
Number of units
1
Flooring type
Concrete
Building materials
Stucco
Roof type
Mixed, Asphalt
Listing Agency:
Su Kaza Realty, LLC
(817) 889-3522
Listed By:
Jennifer Ibarra · License #0799042
(817) 714-7415
Added: Sep 24
Last Checked: Sep 27 at 1:06PM
MLS# 21395094
Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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 2,874-square-foot auto repair property has three service bays with oversized overhead doors suited to buses and other large vehicles. The building also includes an office and waiting area, two restrooms, and concrete flooring. A fenced yard provides secured outdoor space for parking. The property is designated for auto repair and sits on an 11,680-square-foot lot.
Located at 2301 S Denley Drive in Dallas, the facility is described as minutes from Downtown Dallas, with highway access for fleet traffic. Built in 1980, it has central heating and air conditioning, public water, and public sewer. The combination of large-vehicle service bays, office space, and fenced parking supports automotive and fleet service operations.
Located at 2301 S Denley Drive in Dallas, the facility is described as minutes from Downtown Dallas, with highway access for fleet traffic. Built in 1980, it has central heating and air conditioning, public water, and public sewer. The combination of large-vehicle service bays, office space, and fenced parking supports automotive and fleet service operations.
Key Highlights
- Three service bays with oversized overhead doors for buses and large vehicles
- 2,874‑square‑foot building on an 11,680‑square‑foot lot
- Fenced outdoor area for secured parking
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
$46,244
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
5.78%
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%
$924,880
$924.9K
Cap Rate 7%
$660,629
$660.6K
Cap Rate 9%
$513,822
$513.8K
Market Conditions
NOI Build-Up for 2,874 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
$69.3K $24.12/SF
− Vacancy
−$3.3K −$1.13/SF
EGI
$66.1K $22.99/SF
− OpEx
−$19.8K −$6.90/SF
NOI
$46.2K $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%
$924,880
Cap Rate 7%
$660,629
Cap Rate 9%
$513,822
Alternative Uses
Best Use
Retail
$660.6K
$578.1K – $770.7K
NOI $46,244 @ 7.0% cap · market cap 5.78%
Second Best
Industrial
$234.1K
$204.8K – $273.1K
NOI $16,386 @ 7.0% cap · market cap 2.05%
Theoretical Best
Office A
$3.45M
$3.02M – $4.02M
NOI $241,399 @ 7.0% cap · market cap 30.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Service bays
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
55k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 47%
McDonald's
Dining
28,779 visits/mo
0.0 miles
7-Eleven
Shops & Services
11,481 visits/mo
0.1 miles
Family Dollar
Shops & Services
7,701 visits/mo
0.3 miles
AutoZone
Shops & Services
3,985 visits/mo
0.5 miles
Conoco
Shops & Services
2,803 visits/mo
0.1 miles
Demographics for 75216, TX
55,759
Population
20,612
Households
2.7
Avg Household Size
34
Median Age
9%
College-Educated
70%
High-School Grad
14.8 sq mi
ZIP Area
3,768
Density / Sq Mi
$37,613
Median Household Income
$31,020
Median Earnings
$1,169
Median Rent
$138,900
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 - The layout includes a customer-waiting area, two restrooms, and a fenced outdoor area for parking or storage.
Where is this auto shop located?
The property is located at 2301 S Denley Drive Dallas, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Three service bays with oversized overhead doors for buses and large vehicles; 2,874‑square‑foot building on an 11,680‑square‑foot lot; Fenced outdoor area for secured parking
