Auto Shop with RV-Height
47855 State Highway 100, Laguna Heights, TX 78578
For Sale
$850,000
The sale includes an operating automotive service business alongside its equipped service facility.
Property Size3,378 SF
Price / SF$251.63
Days on Market17
Property Features for 47855 State Highway 100
General Information
Standard status
Size
Tenancy & Operations
Currently Operating
Real Estate Included
Additional Details
Business Included
Automotive Uses
Taxes and HOA fees
Annual Taxes
Listing Agency:
Gallo Realty
Listed By:
Amy-Noelle Gallo · License #TREC#0694031
(956) 929-5185
Source:
Exprealty
Added: Oct 21
Changed: Nov 6
Last Checked: Nov 6 at 2:01PM
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 Gallo Realty
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Investment Insights
Based on property information with market context.
This 3,378-square-foot automotive service property is offered with the operating business, Coastal Auto Services, which has served customers since 1990. The facility has two RV-height garage doors and four additional service doors. Equipment includes a Hunter lift, a Road Force wheel balancer, and individual brake testers.
Key Highlights
- Operating automotive service business and property offered together
- 3,378‑square‑foot automotive service facility
- Two RV‑height garage doors and four additional service doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,143
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,860
$642.9K
Cap Rate 7%
$459,186
$459.2K
Cap Rate 9%
$357,144
$357.1K
Market Conditions
NOI Build-Up for 3,378 SF
Gross rent
$48.6K $14.40/SF
− Vacancy
−$2.7K −$0.81/SF
EGI
$45.9K $13.59/SF
− OpEx
−$13.8K −$4.08/SF
NOI
$32.1K $9.52/SF
Area
Cameron County, TX
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,860
Cap Rate 7%
$459,186
Cap Rate 9%
$357,144
Alternative Uses
Best Use
Retail
$459.2K
$401.8K – $535.7K
NOI $32,143 @ 7.0% cap · market cap 3.78%
Second Best
Industrial
$225.8K
$197.6K – $263.4K
NOI $15,804 @ 7.0% cap · market cap 1.86%
Theoretical Best
Healthcare Medical
$581.6K
$508.9K – $678.6K
NOI $40,714 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78578, TX
10,076
Population
6,391
Households
1.6
Avg Household Size
45
Median Age
24%
College-Educated
83%
High-School Grad
57.0 sq mi
ZIP Area
177
Density / Sq Mi
$52,041
Median Household Income
$36,896
Median Earnings
$763
Median Rent
$193,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Auto shops in Cameron County, TX
Properties on Market for Auto shops in Cameron County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Auto shop - The sale includes an operating automotive service business alongside its equipped service facility.
Where is this auto shop located?
The property is located at 47855 State Highway 100 Laguna Heights, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Operating automotive service business and property offered together; 3,378‑square‑foot automotive service facility; Two RV‑height garage doors and four additional service doors
