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    Take 5 Oil Change NNN Auto Shop Title is generated by Realmo AI

    490 Texas Avenue, Bridge City, TX 77611

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    Single-tenant auto service property with a 20-year NNN lease commencing at close and scheduled annual rent increases.

    Type:Retail
    Property size:
    1,415 SF
    Lot size:
    0.31 Acres
    Price / SF:
    $1,384/SF
    Added:
    May 27, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 6 at 4:22 am

    Property Features for 490 Texas Avenue

    General Information

    Standard status
    Active
    Size
    1,415 SF
    Lot size
    0.31 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    2026

    We can help!

    Listing Contact
    Edward Otocka
    Edward Otocka

    Listing agent Edward Otocka License #NY 10401298466

    Listing office SURMOUNT

    Listing date May 27, 2026

    Source Crexi

    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 SURMOUNT

    HighLights

    • Single‑tenant auto service property at 490 Texas Avenue, Bridge City, TX 77611
    • 20‑year Triple Net (NNN) lease will commence upon close of escrow
    • Approx. 1,415 rentable SF building on an estimated 0.31‑acre parcel
    • Annual rent of $112,624 with scheduled 1.50% annual increases

    Overview

    Surmount presents an exclusive sale offering for a Take 5 Oil Change location at 490 Texas Avenue in Bridge City, Texas. The property includes an estimated 1,415 rentable square feet of building space on an approximately 0.31-acre parcel. The site is operated under a dedicated lease structure, with Take 5 Oil Change subject to a 20-year Triple Net (NNN) lease that is scheduled to commence upon close of escrow.

    The lease terms call for annual rent of $112,624, with scheduled increases of 1.50% annually over the lease term. This configuration is designed for buyers seeking a stabilized NNN profile centered on a single automotive service tenant.

    For investors or NNN buyers evaluating automotive-oriented assets, this offering provides a straightforward, single-tenant structure supported by long-duration contract terms. The property’s size and NNN lease setup may appeal to ownership groups looking to concentrate their underwriting around a defined tenant lease with predictable escalations, subject to the terms of the agreement and lease commencement at close.
    Location Intelligence

    Current Use by Public Records

    Sel-Best Realty Real Estate Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Texas Autoworks Collision Center — 2200 Texas Ave, Bridge City, TX 77611
    • Cruz Tireshop — 2290 Texas Ave, Bridge City, TX 77611
    • Dupuis Tire & Services Center — 2490 Texas Ave, Bridge City, TX 77611
    • Bridge City Automotive — 125 E Vick Ave, Bridge City, TX 77611
    • Excel Automotive — 2615 Texas Ave, Bridge City, TX 77611

    Location Insight

    • Map
    • Local Demand
    City
    Bridge City
    County
    Orange
    State
    Texas
    Longitude
    -93.8460088
    Latitude
    30.0206917

    FAQs

    What type of property is this?
    Auto shop - Single-tenant auto service property with a 20-year NNN lease commencing at close and scheduled annual rent increases.
    Where is this auto shop located?
    The property is located at 490 Texas Avenue Bridge City, TX.
    What is the asking price?
    The asking price for this property is $1,958,677.
    What are key features of this property?
    This property features: Single‑tenant auto service property at 490 Texas Avenue, Bridge City, TX 77611; 20‑year Triple Net (NNN) lease will commence upon close of escrow; Approx. 1,415 rentable SF building on an estimated 0.31‑acre parcel
    (332) 345-4222 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Edward Otocka
    Edward Otocka
    Real Estate License ID: NY 10401298466
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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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