Corner Auto Shop
335 SHELDON RD, Channelview, TX 77530
For Sale
Contact for pricing
Hard-corner commercial property positioned one block from Interstate 10 with visibility from the freeway.
Property Size5,600 SF
Lot Size0.41 Acres
Price / SF$124.11
Days on Market1387
Property Features for 335 SHELDON RD
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Building Details
Buildings
Building Size
Listing Agency:
RE/MAX East
(713) 451-1733
Listed By:
Cary Stephens · License TX #0229106
(281) 948-3975
Source:
Moodyscre
Added: Jan 24, 2023
Changed: Oct 26
Last Checked: Nov 10 at 9:28AM
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 East
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This auto shop property includes a 5,600-square-foot building on 17,859 square feet of land. The site is positioned at the hard corner of Sheldon Road and Langcart and is identified by the addresses 333 and 335 Sheldon Road.
The property sits one block from Interstate 10 and can be seen from the interstate. The operating business known as Spiller’s Automotive & Machine is also available separately from the real estate.
The property sits one block from Interstate 10 and can be seen from the interstate. The operating business known as Spiller’s Automotive & Machine is also available separately from the real estate.
Key Highlights
- 5,600‑square‑foot auto shop building
- 17,859 square feet of land
- Hard corner at Sheldon Road and Langcart
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,018
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$960,360
$960.4K
Cap Rate 7%
$685,971
$686.0K
Cap Rate 9%
$533,533
$533.5K
Market Conditions
NOI Build-Up for 5,600 SF
Gross rent
$73.9K $13.20/SF
− Vacancy
−$5.3K −$0.95/SF
EGI
$68.6K $12.25/SF
− OpEx
−$20.6K −$3.67/SF
NOI
$48.0K $8.57/SF
Area
Harris County, TX
Vacancy
7.20%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$960,360
Cap Rate 7%
$685,971
Cap Rate 9%
$533,533
Alternative Uses
Best Use
Retail
$950.5K
$831.7K – $1.11M
NOI $66,538 @ 7.0% cap · market cap 9.57%
Second Best
Industrial
$686.0K
$600.2K – $800.3K
NOI $48,018 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $107,036 @ 7.0% cap · market cap 15.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Auto shops in Harris County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Marine Systems, Inc — 16239 De Zavalla Rd, Channelview, TX 77530
- RODRIGUEZ DIESEL SOLUTIONS — 16123 de zavalla rd, channelview, tx 77530
- Chirino mechanic — 16123 De Zavalla Rd, Channelview, TX 77530
- One At A Time Diesel — 134 Dell Dale St, Channelview, TX 77530
- Channelview Supply Company — 15450 E Freeway Service Rd, Channelview, TX 77530
Frequently Asked Questions
What type of property is this?
Auto shop - Hard-corner commercial property positioned one block from Interstate 10 with visibility from the freeway.
Where is this auto shop located?
The property is located at 335 SHELDON RD Channelview, TX.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 5,600‑square‑foot auto shop building; 17,859 square feet of land; Hard corner at Sheldon Road and Langcart
