Freestanding Auto Shop with Service
For Sale
$299,000
4801 Interstate 20 W, Clyde, TX 79510
Metal commercial building with reception space, multiple service bays, and an RV hookup along the I-20 frontage road.
Property Size3,000 SF
Price / SF$99.67
Days on Market30
Property Features for 4801 Interstate 20 W
General Information
Standard status
Active
Size
3,000 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
front office
RV hookup
Building Details
Year Built
1980
Buildings
1
Construction
metal
Listing Agency:
McCullar Properties Group LLC
(325) 665-4037
Listed By:
Josh Rader · License #0661281
Source:
Yourdavisteam
Added: Aug 2
Changed: Aug 29
Last Checked: Aug 30 at 8:32PM
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 McCullar Properties Group LLC
Investment Insights
Based on property information with market context.
This 3,000-square-foot metal auto shop, built in 1980, combines a front office or reception area with multiple service bays and substantial workspace. The configuration supports automotive and mechanical operations, with potential for light industrial use as described in the property information. An RV hookup is also included, and existing shop contents and equipment may be acquired separately.
The property is positioned on the westbound frontage road of Interstate 20 in Clyde, Texas, providing direct frontage-road access and exposure to interstate traffic. Its setting is within an area described as experiencing commercial expansion, including data center development and a multi-slip RV park under construction nearby.
The property is positioned on the westbound frontage road of Interstate 20 in Clyde, Texas, providing direct frontage-road access and exposure to interstate traffic. Its setting is within an area described as experiencing commercial expansion, including data center development and a multi-slip RV park under construction nearby.
Key Highlights
- 3,000 SF metal auto shop built in 1980
- Located on the I‑20 westbound frontage road in Clyde, TX
- Front office or reception area with multiple service bays
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,502
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$510,040
$510.0K
Cap Rate 7%
$364,314
$364.3K
Cap Rate 9%
$283,356
$283.4K
Market Conditions
NOI Build-Up for 3,000 SF
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.
Gross rent
$39.6K $13.20/SF
− Vacancy
−$3.2K −$1.06/SF
EGI
$36.4K $12.14/SF
− OpEx
−$10.9K −$3.64/SF
NOI
$25.5K $8.50/SF
Area
Callahan County, TX
Vacancy
8.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$510,040
Cap Rate 7%
$364,314
Cap Rate 9%
$283,356
Alternative Uses
Best Use
Retail
$364.3K
$318.8K – $425.0K
NOI $25,502 @ 7.0% cap · market cap 8.53%
Second Best
Industrial
$290.7K
$254.4K – $339.2K
NOI $20,349 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$669.8K
$586.1K – $781.4K
NOI $46,886 @ 7.0% cap · market cap 15.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79510, TX
7,985
Population
3,552
Households
2.2
Avg Household Size
43
Median Age
23%
College-Educated
95%
High-School Grad
255.0 sq mi
ZIP Area
31
Density / Sq Mi
$71,032
Median Household Income
$36,810
Median Earnings
$913
Median Rent
$154,200
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.
Similar Off Market Nearby
- Craig's Automotive Repair — 4801 IH 20 W, Clyde, TX 79510
- Ricks Truck and Trailer repair — clyde, tx 79510
Frequently Asked Questions
What type of property is this?
Auto shop - Metal commercial building with reception space, multiple service bays, and an RV hookup along the I-20 frontage road.
Where is this auto shop located?
The property is located at 4801 Interstate 20 W Clyde, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 3,000 SF metal auto shop built in 1980; Located on the I‑20 westbound frontage road in Clyde, TX; Front office or reception area with multiple service bays
