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    Seven-Bay Auto Body Shop Building Title is generated by Realmo AI

    416 E Kennedale Parkway, Kennedale, TX 76060

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    New
    For Sale
    $1,050,000

    COMMERCIAL - Kennedale, TX

    Property size:
    3,612 SF
    Lot size:
    0.45 Acres
    Price / SF:
    $290/SF
    Added:
    Jun 4, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 6 at 2:06 am

    Property Features for 416 E Kennedale Parkway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot, Open
    Standard status
    Active
    APN
    04984293
    Lot size
    0.45 Acres

    Taxes and HOA fees

    Tax Description
    BOAZ, CA SUBD OF J B RENFRO LOT 32R
    Tax Annual Amount
    8470

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1981
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    FiberglassSiding, MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Starria McLaughlin
    Starria McLaughlin

    Listing agent Starria McLaughlin License #0685236

    Listing office OnDemand Realty Frisco, TX

    Listing date Jun 4, 2026

    MLS# 21290264

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3,612 SF commercial building on a 0.445‑acre lot, built in 1981
    • Grandfathered for auto body use with seven bays
    • Secured lease agreements in place until mid‑2026
    • 2016 renovations include upgraded electrical, remodeled bathrooms, and office improvements
    • Parking lot/open parking available for the site
    • Served by public water and public sewer; metal roof and concrete flooring

    Overview

    The property at 416 E. Kennedale Parkway is a 3,612-square-foot auto body facility on a 0.445-acre lot, configured with seven bays and ample parking. The site is grandfathered for auto body use and is currently secured by lease agreements through mid-2026. Renovations completed in 2016 include upgraded electrical systems, remodeled bathrooms, and office improvements, supporting day-to-day operations and tenant functionality.

    Located in Kennedale, the building is about 0.5 miles from Kennedale Town Center and near major highways I-20 and I-820. Public remarks note over 10,000 vehicles per day for daily traffic visibility, with proximity to established businesses including Advance Auto Parts and Texaco.

    For an operator seeking an automotive service or collision repair location, the existing auto body framework and grandfathered use provide a straightforward fit. The property also offers adaptive reuse options for retail, restaurant, or office uses, with improvements that include dedicated office space and updated building systems intended to accommodate contemporary tenant needs. Existing leases through mid-2026 may appeal to buyers looking to acquire a facility with near-term occupancy already in place.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $90.2k $24.96
    − Vacancy −$4.5k −$1.25
    EGI $85.6k $23.71
    − OpEx −$25.7k −$7.11
    NOI $60.0k $16.60
    3,612 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $856.5K
    $749.4K – $999.2K (±1% cap)
    NOI $59,953 @ 7.0% cap · market cap 5.71%
    Second Best
    Industrial
    $290.9K
    $254.6K – $339.4K (±1% cap)
    NOI $20,366 @ 7.0% cap · market cap 1.94%
    Theoretical Best
    Office A
    $1.27M
    $1.11M – $1.48M (±1% cap)
    NOI $88,942 @ 7.0% cap · market cap 8.47%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    ARIRANG WINDOW TINTING Auto Repair Shop Prestige Collision Center ... Auto Repair Shop Euroasian Auto Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • A-Action RV Repair Service — 3812 Eden Rd S, Kennedale, TX 76060
    • La La Land Autos — 7084 Kennedale Pkwy, Kennedale, TX 76060
    • Tire King of Kennedale — 1206 Kennedale Pkwy in, Kennedale, TX 76060
    • C To C Tire Services — 1206 Kennedale Pkwy, Kennedale, TX 76060
    • Moniz Enterprises Inc — 1113 Kennedale Pkwy, Kennedale, TX 76060

    Location Insight

    • Map
    • Local Demand
    City
    Kennedale
    County
    Tarrant
    State
    Texas
    Longitude
    -97.218065
    Latitude
    32.643011

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    FAQs

    What type of property is this?
    Auto shop - Grandfathered auto body property with seven bays and ample parking on a 0.445-acre lot.
    Where is this auto shop located?
    The property is located at 416 E Kennedale Parkway Kennedale, TX.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: 3,612 SF commercial building on a 0.445‑acre lot, built in 1981; Grandfathered for auto body use with seven bays; Secured lease agreements in place until mid‑2026
    (214) 766-5833
    We can help!
    Listing Contact
    Starria McLaughlin
    Starria McLaughlin
    Real Estate License ID: 0685236
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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