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Operating Used Car Dealership
New
For Sale
$459,000

412 E Spring Street, Palestine, TX 75801

The sale includes the dealership’s buildings, equipment, employees and business operations, but not its current vehicle inventory.

Property Size5,427 SF
Price / SF$84.58
Days on Market4

Property Features for 412 E Spring Street

General Information

Standard status Active
Size 5,427 SF
Property subtype Commercial
Zoning commercial

Additional Details

Business Included Yes
Traffic Count 16,000 vehicles/day

Building Details

Building Size 5,427 SF
Year Built 1988
Stories 1
Units 5
Listing Agency: Staples Commercial Group, LLC
Listed By: Ray Ver Hey · License #0498681
Source: Bourquinrealty
Added: Oct 19 Changed: Oct 22 Last Checked: Oct 22 at 2:25PM

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 Staples Commercial Group, LLC

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Investment Insights

Based on property information with market context.

This operating used-car dealership occupies a 5,427-square-foot property built in 1988. The sale includes the buildings, equipment, employees and business operations. Nine employees are currently on staff across management, sales, clerical and technician roles. Existing vehicles are excluded from the sale; the seller may consider a consignment arrangement for their sale.

The property is in Palestine at a busy intersection, across the street from Kroger. Estimated traffic at the intersection ranges from 10,500 to 16,000 vehicles per day.

Key Highlights

  • 5,427‑square‑foot dealership property
  • Operating business includes buildings, equipment, employees and operations
  • Nine employees, including manager, sales, clerical and technician staff

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Rutledge Auto Group Car Dealership Rick Hardy Auto ... Car Dealership

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Pharmacy HVAC Service Storage Facility Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16,000 VPD
Traffic count
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

761
Businesses Nearby
Under-served
Demand for This Use

Demographics for 75801, TX

16,859
Population
7,259
Households
2.3
Avg Household Size
39
Median Age
21%
College-Educated
91%
High-School Grad
188.6 sq mi
ZIP Area
89
Density / Sq Mi
$53,485
Median Household Income
$34,247
Median Earnings
$1,003
Median Rent
$163,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Automotive property - The sale includes the dealership’s buildings, equipment, employees and business operations, but not its current vehicle inventory.
Where is this automotive property located?
The property is located at 412 E Spring Street Palestine, TX.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: 5,427‑square‑foot dealership property; Operating business includes buildings, equipment, employees and operations; Nine employees, including manager, sales, clerical and technician staff
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