Automotive Service Shop With
New
For Sale
Contact for pricing
333 SHELDON RD, Channelview, TX 77530
Existing service-bay layout supports automotive operations with three included lifts.
Property Size5,600 SF
Price / SF$133.93
Days on Market7
Property Features for 333 SHELDON RD
General Information
Standard status
Active
Size
5,600 SF
Property subtype
INDUSTRIAL
Listing Agency:
Evermark Commercial Group by JLA Realty
(832) 326-0097
Listed By:
Jeri Blake · License #0685387
(832) 326-0097
Source:
Moodyscre
Added: Aug 17
Changed: Aug 20
Last Checked: Aug 22 at 6:57AM
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 Evermark Commercial Group by JLA Realty
Investment Insights
Based on property information with market context.
The property comprises the real estate at 333 and 335 Sheldon Road, including approximately 5,600 SF of building area across two contiguous parcels. The existing configuration is designed for automotive service work and includes multiple service bays. Three automotive lifts convey with the property: one 10,000-lb lift and two 9,000-lb lifts. Additional automotive tools and equipment may be available separately.
The site contains approximately 0.41 acres, or 17,859 SF of land, with frontage and access along Sheldon Road in Channelview. Interstate 10 is approximately 0.17 miles away, and Beltway 8 provides additional regional connectivity. The surrounding commercial and industrial environment includes automotive, service, logistics, manufacturing, and distribution operations, including Carpenters Logistics Center.
The site contains approximately 0.41 acres, or 17,859 SF of land, with frontage and access along Sheldon Road in Channelview. Interstate 10 is approximately 0.17 miles away, and Beltway 8 provides additional regional connectivity. The surrounding commercial and industrial environment includes automotive, service, logistics, manufacturing, and distribution operations, including Carpenters Logistics Center.
Key Highlights
- ±5,600 SF total building area across two contiguous parcels
- ±0.41 Acres / 17,859 SF of Land
- Three automotive lifts included: (1) 10,000‑LB and (2) 9,000‑LB
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
$66,538
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
8.87%
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%
$1,330,760
$1.3M
Cap Rate 7%
$950,543
$950.5K
Cap Rate 9%
$739,311
$739.3K
Market Conditions
NOI Build-Up for 5,600 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
$100.8K $18.00/SF
− Vacancy
−$5.7K −$1.03/SF
EGI
$95.1K $16.97/SF
− OpEx
−$28.5K −$5.09/SF
NOI
$66.5K $11.88/SF
Area
Harris County, TX
Vacancy
5.70%
Lease Rate
$18.00 /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%
$1,330,760
Cap Rate 7%
$950,543
Cap Rate 9%
$739,311
Alternative Uses
Best Use
Retail
$950.5K
$831.7K – $1.11M
NOI $66,538 @ 7.0% cap · market cap 8.87%
Second Best
Industrial
$686.0K
$600.2K – $800.3K
NOI $48,018 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $107,036 @ 7.0% cap · market cap 14.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
608
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77530, TX
35,319
Population
10,579
Households
3.3
Avg Household Size
30
Median Age
14%
College-Educated
69%
High-School Grad
13.8 sq mi
ZIP Area
2,559
Density / Sq Mi
$64,151
Median Household Income
$36,279
Median Earnings
$1,131
Median Rent
$170,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Channelview Supply Company — 15450 E Freeway Service Rd, Channelview, TX 77530
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- Chirino mechanic — 16123 De Zavalla Rd, Channelview, TX 77530
- One At A Time Diesel — 134 Dell Dale St, Channelview, TX 77530
- Marine Systems, Inc — 16239 De Zavalla Rd, Channelview, TX 77530
Frequently Asked Questions
What type of property is this?
Auto shop - Existing service-bay layout supports automotive operations with three included lifts.
Where is this auto shop located?
The property is located at 333 SHELDON RD Channelview, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: ±5,600 SF total building area across two contiguous parcels; ±0.41 Acres / 17,859 SF of Land; Three automotive lifts included: (1) 10,000‑LB and (2) 9,000‑LB
