Second-Generation Auto Repair
For Sale
Contact for pricing
3504 E FM 528 RD, Friendswood, TX 77546
2,400± SF auto repair and oil change facility with three drive-through bays and two oil change pits on FM 528.
Property Size2,400 SF
Price / SF$343.75
Days on Market104
Property Features for 3504 E FM 528 RD
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Retail
Additional Details
Service Bays
3
Building Details
Year Built
1996
Stories
1
Units
1
Listing Agency:
Young Capital Partners LLC
Listed By:
Trey Young · License #TX 400382
(281) 630-3233
Source:
Crexi
Added: Jul 11
Changed: Oct 19
Last Checked: Oct 20 at 6:54PM
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 Young Capital Partners LLC
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Investment Insights
Based on property information with market context.
This second-generation auto repair and oil change facility offers approximately 2,400± SF of automotive service space configured around three drive-through service bays. Two of the bays include existing oil change pits, supporting quick-lube style work while also accommodating general repair activities, inspections, and related automotive service operations.
The property is located on a highly traveled FM 528 corridor in Friendswood, TX, with frontage and convenient ingress and egress for customer access.
With its drive-through layout and oil change pit infrastructure, the building is positioned for a range of automotive-related uses (subject to municipal approval), including auto repair, tire services, brake service, and fleet maintenance.
The property is located on a highly traveled FM 528 corridor in Friendswood, TX, with frontage and convenient ingress and egress for customer access.
With its drive-through layout and oil change pit infrastructure, the building is positioned for a range of automotive-related uses (subject to municipal approval), including auto repair, tire services, brake service, and fleet maintenance.
Key Highlights
- 2,400± SF second‑generation auto repair and oil change facility in Friendswood, TX
- Three drive‑through service bays designed for automotive service operations
- Two service bays include existing oil change pits for quick‑lube style service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,318
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,360
$646.4K
Cap Rate 7%
$461,686
$461.7K
Cap Rate 9%
$359,089
$359.1K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$49.0K $20.40/SF
− Vacancy
−$2.8K −$1.16/SF
EGI
$46.2K $19.24/SF
− OpEx
−$13.9K −$5.77/SF
NOI
$32.3K $13.47/SF
Area
Galveston County, TX
Vacancy
5.70%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,360
Cap Rate 7%
$461,686
Cap Rate 9%
$359,089
Alternative Uses
Best Use
Retail
$461.7K
$404.0K – $538.6K
NOI $32,318 @ 7.0% cap · market cap 3.92%
Second Best
Industrial
$174.5K
$152.7K – $203.6K
NOI $12,215 @ 7.0% cap · market cap 1.48%
Theoretical Best
Multifamily LT 5
$26.91M
$23.54M – $31.39M
NOI $1,883,529 @ 7.0% cap · market cap 228.31%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Service bays
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 77546, TX
54,670
Population
19,600
Households
2.8
Avg Household Size
40
Median Age
47%
College-Educated
94%
High-School Grad
27.2 sq mi
ZIP Area
2,010
Density / Sq Mi
$121,914
Median Household Income
$67,580
Median Earnings
$1,689
Median Rent
$354,300
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Auto Magician — 3732 FM 528 Rd, Friendswood, TX 77546
- Orange Auto Repair & Lube — 3504 FM 528 Rd, Friendswood, TX 77546
- Nami Mobile Window Tint — 3366 FM 528 Rd, Friendswood, TX 77546
- Ron Carter Careers — 3205 fm 528 rd, alvin, tx 77511
- Friendswood Mobile Tire Service (Mobile Only) — 3348 FM 528 Rd, Friendswood, TX 77546
Frequently Asked Questions
What type of property is this?
Auto shop - 2,400± SF auto repair and oil change facility with three drive-through bays and two oil change pits on FM 528.
Where is this auto shop located?
The property is located at 3504 E FM 528 RD Friendswood, TX.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 2,400± SF second‑generation auto repair and oil change facility in Friendswood, TX; Three drive‑through service bays designed for automotive service operations; Two service bays include existing oil change pits for quick‑lube style service
