Equipped Commercial Property on
5123 W Orem Dr, Houston, TX 77045
For Sale
Contact for pricing
Turn-key commercial property ideal for automotive, service, or retail.
Property Size3,368 SF
Lot Size0.20 Acres
Price / SF$326.60
Days on Market253
Property Features for 5123 W Orem Dr
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Building Details
Year Renovated
Buildings
Stories
Units
Listing Agency:
Infinity Real Estate Group
Listed By:
Mona Malone · License TX #507230
(832) 264-8934
Source:
Crexi
Added: Mar 5
Changed: Nov 12
Last Checked: Nov 12 at 4:57AM
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 Infinity Real Estate Group
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Investment Insights
Based on property information with market context.
Located in Houston’s Central Southwest area, this commercial property is suitable for automotive, service, or retail use. The single-story building, constructed in 1975 and 1978, with interior updates and remodeling completed in 2024, has a size of 3,368 square feet and sits on an 8,840 square foot lot. It features three service bays with roll-up doors, two separate paint bays also with roll-up doors, a spacious customer waiting area, private offices, and a staff break room. The property includes on-site parking and frontage and visibility on West Orem Drive, with access to Houston markets. Existing equipment, car lifts, a frame machine, and furniture are included in the sale, along with vehicles on the property. Previously used as a car repair and vehicle inspection business, this facility is suitable for owner-operators or investors. The property offers income generation or redevelopment potential in an active, high-demand corridor.
Key Highlights
- Fully equipped, turn‑key facility ideal for automotive, service, or retail use, allowing for immediate operation.
- Includes most existing equipment, car lifts, frame machine, furniture, and vehicles.
- Prime location in Houston’s Central Southwest with excellent frontage and visibility on busy West Orem Drive.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,669
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$913,380
$913.4K
Cap Rate 7%
$652,414
$652.4K
Cap Rate 9%
$507,433
$507.4K
Market Conditions
NOI Build-Up for 3,368 SF
Gross rent
$69.1K $20.52/SF
− Vacancy
−$3.9K −$1.15/SF
EGI
$65.2K $19.37/SF
− OpEx
−$19.6K −$5.81/SF
NOI
$45.7K $13.56/SF
Area
Houston, TX
Vacancy
5.60%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$913,380
Cap Rate 7%
$652,414
Cap Rate 9%
$507,433
Alternative Uses
Best Use
Retail
$652.4K
$570.9K – $761.2K
NOI $45,669 @ 7.0% cap · market cap 4.15%
Second Best
Industrial
$271.3K
$237.4K – $316.5K
NOI $18,990 @ 7.0% cap · market cap 1.73%
Theoretical Best
Office A
$866.1K
$757.8K – $1.01M
NOI $60,624 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 77045, TX
32,411
Population
10,802
Households
3
Avg Household Size
35
Median Age
19%
College-Educated
74%
High-School Grad
11.2 sq mi
ZIP Area
2,894
Density / Sq Mi
$61,166
Median Household Income
$36,811
Median Earnings
$1,260
Median Rent
$163,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Auto shops in Houston
Vacancy Rate% for Retail in Houston, TX
Similar Off Market Nearby
- Solo's Auto Sales — 14444 s post oak rd, houston, tx 77045
- William's Auto Repair — 14444 S Post Oak Rd, Houston, TX 77045
- Urbina Body Shop — 5313 Trafalgar Dr A-1, Houston, TX 77045
- Jet Wrecker Services — 5306 Grapevine St, Houston, TX 77045
- I Fuentes Body Shop — 5313 Trafalgar Dr, Houston, TX 77045
Frequently Asked Questions
What type of property is this?
Auto shop - Turn-key commercial property ideal for automotive, service, or retail.
Where is this auto shop located?
The property is located at 5123 W Orem Dr Houston, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Fully equipped, turn‑key facility ideal for automotive, service, or retail use, allowing for immediate operation.; Includes most existing equipment, **car lifts, frame machine, furniture, and vehicles.**; Prime location in Houston’s Central Southwest with excellent frontage and visibility on busy West Orem Drive.
