Multi-Building Automotive Shop
For Sale
Contact for pricing
3378 STATE HWY 103 W, Lufkin, TX 75904
Four shop buildings combine garage bays, wash areas, equipment, and dedicated office space.
Property Size7,308 SF
Price / SF$88.94
Days on Market151
Property Features for 3378 STATE HWY 103 W
General Information
Standard status
Active
Size
7,308 SF
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Automotive
Service Bays
7
Car Wash Bays
1
Amenities
insulated
ventilated paint room
wood flooring
mini-split system
bathroom
kitchenette
store space
car lot office
Building Details
Year Built
1990
Buildings
5
Units
1
Tenancy
Single
Listing Agency:
Gann Medford Real Estate Inc
Listed By:
Abby Todd · License #TX 589597
(936) 465-8811
Source:
Crexi
Added: May 20
Changed: Oct 15
Last Checked: Oct 16 at 7:28AM
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 Gann Medford Real Estate Inc
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Investment Insights
Based on property information with market context.
Located at 3378 State Highway 103 W in Lufkin, this automotive property includes four separate shop buildings and additional office and store areas. The buildings provide varied configurations, including a 40x60 insulated shop with wash bays, a 50x100 facility with a four-bay garage, ventilated paint room, air compressor, and frame machine, plus a three-bay garage with another air compressor and three car lifts. A 20x30 insulated shop adds a wash bay with water and electricity.
The property also contains a 30x12 car lot office with wood flooring and a mini-split system, along with store space featuring a bathroom and kitchenette. The first shop is leased month-to-month. Built in 1990, the improvements offer established automotive-service infrastructure across multiple buildings.
The property also contains a 30x12 car lot office with wood flooring and a mini-split system, along with store space featuring a bathroom and kitchenette. The first shop is leased month-to-month. Built in 1990, the improvements offer established automotive-service infrastructure across multiple buildings.
Key Highlights
- Four separate shop buildings plus office and store space
- 50x100 facility with four‑bay garage, ventilated paint room, air compressor, and frame machine approximately 3 years old
- 40x60 insulated shop with wash bays; currently leased month‑to‑month
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,194
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$723,880
$723.9K
Cap Rate 7%
$517,057
$517.1K
Cap Rate 9%
$402,156
$402.2K
Market Conditions
NOI Build-Up for 7,308 SF
Gross rent
$58.8K $8.04/SF
− Vacancy
−$7.1K −$0.96/SF
EGI
$51.7K $7.08/SF
− OpEx
−$15.5K −$2.12/SF
NOI
$36.2K $4.95/SF
Area
Angelina County, TX
Vacancy
12.00%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$723,880
Cap Rate 7%
$517,057
Cap Rate 9%
$402,156
Alternative Uses
Best Use
Retail
$1.41M
$1.24M – $1.65M
NOI $98,989 @ 7.0% cap · market cap 15.23%
Second Best
Office B
$1.35M
$1.18M – $1.58M
NOI $94,546 @ 7.0% cap · market cap 14.55%
Theoretical Best
Office A
$2.06M
$1.80M – $2.40M
NOI $144,175 @ 7.0% cap · market cap 22.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
7
Service bays
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75904, TX
34,680
Population
14,829
Households
2.3
Avg Household Size
38
Median Age
19%
College-Educated
88%
High-School Grad
160.5 sq mi
ZIP Area
216
Density / Sq Mi
$59,325
Median Household Income
$36,711
Median Earnings
$1,086
Median Rent
$173,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- BARRYS JEEP SHOP — 2107 N John Redditt Dr, Lufkin, TX 75901
- Arturo's Paint & Body Shop — 3290 TX-103, Lufkin, TX 75904
- Cut Rate Tire & Auto — 3924 TX-103 W, Lufkin, TX 75904
- Hoeck's cars Maintenance & Repair — 471 Sundale St, Lufkin, TX 75904
Frequently Asked Questions
What type of property is this?
Auto shop - Four shop buildings combine garage bays, wash areas, equipment, and dedicated office space.
Where is this auto shop located?
The property is located at 3378 STATE HWY 103 W Lufkin, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Four separate shop buildings plus office and store space; 50x100 facility with four‑bay garage, ventilated paint room, air compressor, and frame machine approximately 3 years old; 40x60 insulated shop with wash bays; currently leased month‑to‑month
