Eight-Bay Auto
For Sale
$895,000
4690 E Fm 1187, Burleson, TX 76028
Automotive facility with enclosed rear storage, secured yard space, and dedicated office and restroom areas.
Property Size4,160 SF
Lot Size1.08 Acres
Price / SF$215.14
Days on Market63
Property Features for 4690 E Fm 1187
General Information
Standard status
Active
Size
4,160 SF
Lot size
1.08 Acres
Additional Details
Fenced Yard
Yes
Service Bays
8
Amenities
office
bathroom
Building Details
Year Built
2013
Buildings
1
Listing Agency:
Callaway Real Estate
Listed By:
Kenedie Southard · License #0842834
(817) 915-3015
Source:
Christenberrygroup
Added: Aug 12
Changed: Oct 8
Last Checked: Oct 7 at 3:43PM
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.
Built in 2013, this automotive facility at 4690 E FM 1187 includes 4,160 square feet on 1.08 acres. The layout provides an office, bathroom, four service bays along the front, and four additional bays at the rear. Ample parking supports daily operations, while the rear portion of the site is enclosed with a lockable gate.
The property is positioned on FM 1187 between Mansfield and Burleson, providing east-west connectivity across the southern Metroplex. Five lifts and an air compressor are available for separate purchase, offering additional equipment options for an automotive operator.
The property is positioned on FM 1187 between Mansfield and Burleson, providing east-west connectivity across the southern Metroplex. Five lifts and an air compressor are available for separate purchase, offering additional equipment options for an automotive operator.
Key Highlights
- 4,160 SF building on 1.08 acres
- Eight working bays arranged across the front and rear of the building
- Office and bathroom included in the building layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,049
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,380,980
$1.4M
Cap Rate 7%
$986,414
$986.4K
Cap Rate 9%
$767,211
$767.2K
Market Conditions
NOI Build-Up for 4,160 SF
Gross rent
$103.8K $24.96/SF
− Vacancy
−$5.2K −$1.25/SF
EGI
$98.6K $23.71/SF
− OpEx
−$29.6K −$7.11/SF
NOI
$69.0K $16.60/SF
Area
Johnson County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,380,980
Cap Rate 7%
$986,414
Cap Rate 9%
$767,211
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.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
8
Service bays
Yes
Fenced yard
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Auto shop - Automotive facility with enclosed rear storage, secured yard space, and dedicated office and restroom areas.
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: 4,160 SF building on 1.08 acres; Eight working bays arranged across the front and rear of the building; Office and bathroom included in the building layout
