Auto Shop on FM
For Sale
$895,000
4690 E Fm 1187, Burleson, TX 76028
4,160 SF auto shop on 1.08 acres.
Property Size4,160 SF
Lot Size1.08 Acres
Price / SF$215.14
Days on Market105
Property Features for 4690 E Fm 1187
General Information
Standard status
Active
Size
4,160 SF
Lot size
1.08 Acres
Property subtype
Commercial
Building Details
Year Built
2013
Listing Agency:
Callaway Real Estate
(817) 915-3015
Listed By:
Kenedie Southard · License #0842834
(817) 312-1890
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Aug 4 at 4:41AM
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 Callaway Real Estate
Investment Insights
Based on property information with market context.
This property features a 4,160 square foot building situated on 1.08 acres. The building includes an office, a bathroom, four working bays in the front, and four working bays in the back. The property also offers spacious parking. The back half of the property is fenced and includes a locking gate for security. Located on FM 1187, the property provides east-west access for the southern metroplex, positioned midway between Mansfield and Burleson. The property is currently operating as a business.
Key Highlights
- Excellent location on FM 1187, providing East‑West access between Mansfield and Burleson.
- 4,160 sf building on 1.08 acres.**
- Eight total working bays (4 in front, 4 in back).**
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 | $103.8k | $24.96 |
| − Vacancy | −$5.2k | −$1.25 |
| EGI | $98.6k | $23.71 |
| − OpEx | −$29.6k | −$7.11 |
| NOI | $69.0k | $16.60 |
4,160 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$986.4K
$863.1K – $1.15M
NOI $69,049 @ 7.0% cap · market cap 7.71%
Second Best
Industrial
$307.1K
$268.7K – $358.2K
NOI $21,494 @ 7.0% cap · market cap 2.40%
Theoretical Best
Multifamily LT 5
$49.86M
$43.63M – $58.18M
NOI $3,490,512 @ 7.0% cap · market cap 390.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76028, TX
74,023
Population
27,928
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
92%
High-School Grad
77.5 sq mi
ZIP Area
955
Density / Sq Mi
$100,125
Median Household Income
$53,464
Median Earnings
$1,691
Median Rent
$294,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - 4,160 SF auto shop on 1.08 acres.
Where is this auto shop located?
The property is located at 4690 E Fm 1187 Burleson, TX.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Excellent location on FM 1187, providing East‑West access between Mansfield and Burleson.; 4,160 sf building on 1.08 acres.**; Eight total working bays (4 in front, 4 in back).**
