Equipped Auto
For Sale
$850,000
4900 W 4900 W Marshall Ave, Longview, TX 75604
Automotive service property with paved customer parking, office space, and two bathrooms.
Property Size5,225 SF
Lot Size1.00 Acre
Price / SF$162.68
Days on Market181
Property Features for 4900 W 4900 W Marshall Ave
General Information
Standard status
Active
Size
5,225 SF
Lot size
1.00 Acre
Property subtype
General Commercial
Additional Details
Business Included
Yes
Road Access
Yes
Service Bays
3
Amenities
Three roll-up bay doors
Office space
Two bathrooms
New HVAC system installed July 2025
Large nicely paved parking lot
3
Building Details
Year Built
2002
Listing Agency:
Ember Realty
(903) 235-3931
Listed By:
Meredith Smeltzer · License #0685823
(903) 235-3931
Source:
Xome
Added: Mar 3
Changed: Aug 31
Last Checked: Jul 18 at 1:38AM
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 Ember Realty
Investment Insights
Based on property information with market context.
This 5,225-square-foot auto shop occupies 1 acre and includes three roll-up bay doors, office space, and two bathrooms. The building was constructed in 2002 and received a new HVAC system in July 2025. Lifts, tools, and other shop equipment remain with the property, supporting continued automotive service use.
The property is located at 4900 W Marshall Ave in Longview, Texas, along a busy commercial corridor. Concrete access roads and a concrete driveway serve the site, while the paved parking area provides customer parking. Commercial zoning and more than 22 years of continuous operation further define the property’s existing automotive-service profile.
The property is located at 4900 W Marshall Ave in Longview, Texas, along a busy commercial corridor. Concrete access roads and a concrete driveway serve the site, while the paved parking area provides customer parking. Commercial zoning and more than 22 years of continuous operation further define the property’s existing automotive-service profile.
Key Highlights
- 5,225 SF auto shop on 1 acre
- Three roll‑up bay doors
- New HVAC installed July 2025
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
$70,774
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
8.33%
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%
$1,415,480
$1.4M
Cap Rate 7%
$1,011,057
$1.0M
Cap Rate 9%
$786,378
$786.4K
Market Conditions
NOI Build-Up for 5,225 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
$107.2K $20.52/SF
− Vacancy
−$6.1K −$1.17/SF
EGI
$101.1K $19.35/SF
− OpEx
−$30.3K −$5.81/SF
NOI
$70.8K $13.55/SF
Area
Gregg County, TX
Vacancy
5.70%
Lease Rate
$20.52 /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%
$1,415,480
Cap Rate 7%
$1,011,057
Cap Rate 9%
$786,378
Alternative Uses
Best Use
Retail
$1.01M
$884.7K – $1.18M
NOI $70,774 @ 7.0% cap · market cap 8.33%
Second Best
Industrial
$436.0K
$381.5K – $508.7K
NOI $30,521 @ 7.0% cap · market cap 3.59%
Theoretical Best
Hotel Hospitality
$3.94M
$3.44M – $4.59M
NOI $275,488 @ 7.0% cap · market cap 32.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Service bays
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
262
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
6,229 visits/mo
0.3 miles
Demographics for 75604, TX
30,752
Population
13,579
Households
2.3
Avg Household Size
36
Median Age
23%
College-Educated
85%
High-School Grad
44.1 sq mi
ZIP Area
697
Density / Sq Mi
$67,826
Median Household Income
$40,484
Median Earnings
$1,058
Median Rent
$189,900
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 - Automotive service property with paved customer parking, office space, and two bathrooms.
Where is this auto shop located?
The property is located at 4900 W 4900 W Marshall Ave Longview, 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: 5,225 SF auto shop on 1 acre; Three roll‑up bay doors; New HVAC installed July 2025
