Auto Shop with Freight
New
For Sale
$400,000
301 E Dallas St, Hutchins, TX 75141
Vacant commercial building with shop space, private offices, yard area, and recent roof improvements.
Property Size3,344 SF
Lot Size0.41 Acres
Price / SF$119.62
Days on Market1
Property Features for 301 E Dallas St
General Information
Standard status
Active
Size
3,344 SF
Lot size
0.41 Acres
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Additional Details
Drive-In Doors
3
Amenities
three ground-level freight doors
full bathroom
two private offices
upstairs office with balcony
Building Details
Year Built
2013
Buildings
1
Building Size
3,344 SF
Listing Agency:
CENTURY 21 Judge Fite Co.
Listed By:
Melix Bonilla · License #0485431
(817) 960-9611
Source:
Yourdavisteam
Added: Sep 8
Last Checked: Sep 8 at 2:55PM
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 CENTURY 21 Judge Fite Co.
Investment Insights
Based on property information with market context.
This 3,344-square-foot auto shop occupies approximately 0.41 acres in Hutchins and includes a practical mix of work and office areas. The building has three ground-level freight doors, a bathroom within the shop, two private downstairs offices, and an upstairs office with a balcony facing the property. It was previously used for auto repair and includes a paint booth area.
An asphalt roof replacement was completed in 2025. Outdoor yard space supports parking and equipment storage, while the property’s location provides access to Hwy N I 45. The building is currently vacant and includes a layout suited to automotive, industrial, service, or contractor operations.
An asphalt roof replacement was completed in 2025. Outdoor yard space supports parking and equipment storage, while the property’s location provides access to Hwy N I 45. The building is currently vacant and includes a layout suited to automotive, industrial, service, or contractor operations.
Key Highlights
- 3,344‑square‑foot commercial building on approximately 0.41 acres
- Three ground‑level freight doors and shop‑area bathroom
- Two downstairs private offices plus an upstairs office with balcony
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
$17,335
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
4.33%
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%
$346,700
$346.7K
Cap Rate 7%
$247,643
$247.6K
Cap Rate 9%
$192,611
$192.6K
Market Conditions
NOI Build-Up for 3,344 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
$27.2K $8.12/SF
− Vacancy
−$2.4K −$0.71/SF
EGI
$24.8K $7.41/SF
− OpEx
−$7.4K −$2.22/SF
NOI
$17.3K $5.18/SF
Area
Dallas County, TX
Vacancy
8.80%
Lease Rate
$8.12 /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%
$346,700
Cap Rate 7%
$247,643
Cap Rate 9%
$192,611
Alternative Uses
Best Use
Retail
$792.9K
$693.8K – $925.1K
NOI $55,505 @ 7.0% cap · market cap 13.88%
Second Best
Industrial
$247.6K
$216.7K – $288.9K
NOI $17,335 @ 7.0% cap · market cap 4.33%
Theoretical Best
Multifamily LT 5
$40.08M
$35.07M – $46.76M
NOI $2,805,835 @ 7.0% cap · market cap 701.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
205
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75141, TX
5,173
Population
1,431
Households
3.6
Avg Household Size
30
Median Age
8%
College-Educated
73%
High-School Grad
11.7 sq mi
ZIP Area
442
Density / Sq Mi
$45,474
Median Household Income
$29,586
Median Earnings
$1,370
Median Rent
$99,300
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.
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- Rogers Truck & Trailer Repair LLC — 701 I-45, Hutchins, TX 75141
- J&S Custom Automotive — 105 N Denton St, Hutchins, TX 75141
Frequently Asked Questions
What type of property is this?
Auto shop - Vacant commercial building with shop space, private offices, yard area, and recent roof improvements.
Where is this auto shop located?
The property is located at 301 E Dallas St Hutchins, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 3,344‑square‑foot commercial building on approximately 0.41 acres; Three ground‑level freight doors and shop‑area bathroom; Two downstairs private offices plus an upstairs office with balcony
