Turn-Key Auto Body
For Sale
$449,900
3107 E Red River St, Victoria, TX 77901
Established auto body shop with equipment and clientele included.
Property Size4,550 SF
Lot Size0.83 Acres
Days on Market280
Property Features for 3107 E Red River St
General Information
Standard status
Active
Size
4,550 SF
Lot size
0.83 Acres
Property subtype
Commercial
Building Details
Building Size
4,550 SF
Year Built
1977
Stories
1
Listing Agency:
RE/MAX Land & Homes
Listed By:
The Town & Country Team
(361) 570-7653
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 31
Last Checked: Sep 1 at 9:18PM
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 RE/MAX Land & Homes
Investment Insights
Based on property information with market context.
This property, currently operating as Mario's Auto Body, is available for purchase as a turn-key business. The sale encompasses all shop equipment, materials, a paint booth, a frame straightening machine, auto body tools, supplies, office equipment, and an established clientele. Situated on a corner lot along Red River Street, a major thoroughfare with high traffic volume, the property is secured by fencing and offers space for vehicle or equipment storage. The building features 4000 square feet of enclosed space, complemented by 5 large overhead doors and a 1250 square foot attached canopy at the rear. The property's accessibility and layout support multi-use applications.
Key Highlights
- Turn‑key auto body business opportunity including all equipment, materials, and established clientele.
- Prime location on high‑traffic Red River Street.
- Includes a 4000 sq ft building with 5 overhead doors and a 1250 sq ft attached canopy.
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
$23,431
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
5.21%
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%
$468,620
$468.6K
Cap Rate 7%
$334,729
$334.7K
Cap Rate 9%
$260,344
$260.3K
Market Conditions
NOI Build-Up for 4,550 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
$36.6K $8.04/SF
− Vacancy
−$3.1K −$0.68/SF
EGI
$33.5K $7.36/SF
− OpEx
−$10.0K −$2.21/SF
NOI
$23.4K $5.15/SF
Area
Victoria County, TX
Vacancy
8.50%
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%
$468,620
Cap Rate 7%
$334,729
Cap Rate 9%
$260,344
Alternative Uses
Best Use
Retail
$939.2K
$821.8K – $1.10M
NOI $65,746 @ 7.0% cap · market cap 14.61%
Second Best
Industrial
$334.7K
$292.9K – $390.5K
NOI $23,431 @ 7.0% cap · market cap 5.21%
Theoretical Best
Multifamily LT 5
$49.99M
$43.74M – $58.32M
NOI $3,499,056 @ 7.0% cap · market cap 777.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
716
Businesses Nearby
116k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 35%
Hotels & Casinos 1%
Electronics 1%
Whataburger
Dining
22,424 visits/mo
0.3 miles
McDonald's
Dining
21,276 visits/mo
0.5 miles
Murphy USA
Shops & Services
17,339 visits/mo
0.2 miles
Dollar Tree
Shops & Services
16,729 visits/mo
0.4 miles
SONIC Drive In
Dining
9,327 visits/mo
0.2 miles
Demographics for 77901, TX
40,062
Population
17,438
Households
2.3
Avg Household Size
35
Median Age
15%
College-Educated
76%
High-School Grad
18.1 sq mi
ZIP Area
2,213
Density / Sq Mi
$57,728
Median Household Income
$33,127
Median Earnings
$1,105
Median Rent
$133,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - Established auto body shop with equipment and clientele included.
Where is this auto shop located?
The property is located at 3107 E Red River St Victoria, TX.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Turn‑key auto body business opportunity including all equipment, materials, and established clientele.; Prime location on high‑traffic Red River Street.; Includes a **4000 sq ft building with 5 overhead doors** and a 1250 sq ft attached canopy.
