Auto Shop with Paint
For Sale
Contact for pricing
5320 W Parkway St, Groves, TX 77619
Heated downdraft booths and a dedicated mixing room support collision repair and refinishing operations.
Property Size9,600 SF
Lot Size0.43 Acres
Price / SF$125
Days on Market166
Property Features for 5320 W Parkway St
General Information
Standard status
Active
Size
9,600 SF
Lot size
0.43 Acres
Property subtype
INDUSTRIAL
Additional Details
Utilities to Site
Yes
Amenities
downdraft paint booths
sealed mixing room
fiber-reinforced concrete slab
overhead doors
3-phase power
natural gas
Building Details
Buildings
1
Listing Agency:
RE/MAX ONE
(409) 673-3513
Listed By:
Ryan Harrington · License #0558472
(409) 673-3513
Source:
Moodyscre
Added: Feb 19
Changed: Aug 3
Last Checked: Aug 3 at 5:25AM
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 RE/MAX ONE
Investment Insights
Based on property information with market context.
This auto shop comprises +/-9,600 SF on roughly 0.429 of an acre and is configured for collision repair and vehicle refinishing. The layout includes a reception area, private office, two restrooms, two shop areas, a sealed mixing room, and two fully heated downdraft paint booths. Fiber-reinforced concrete slab construction serves the work areas.
Access is provided by five 14-foot overhead doors, two 10-foot overhead doors, and a 10-foot interior door connecting the shop areas. The facility is equipped with 3-phase power and natural gas. Located at 5320 W Parkway St in Groves, Texas, the property offers an established physical setup for automotive repair and refinishing use.
Access is provided by five 14-foot overhead doors, two 10-foot overhead doors, and a 10-foot interior door connecting the shop areas. The facility is equipped with 3-phase power and natural gas. Located at 5320 W Parkway St in Groves, Texas, the property offers an established physical setup for automotive repair and refinishing use.
Key Highlights
- +/-9,600 SF facility on roughly 0.429 of an acre
- Two fully heated downdraft paint booths
- Sealed mixing room for refinishing operations
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.5k | $7.76 |
| − Vacancy | −$4.7k | −$0.49 |
| EGI | $69.8k | $7.27 |
| − OpEx | −$20.9k | −$2.18 |
| NOI | $48.9k | $5.09 |
9,600 SF · lease $7.76/SF/yr · vacancy 6.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.19M
$1.92M – $2.56M
NOI $153,334 @ 7.0% cap · market cap 12.78%
Second Best
Industrial
$698.0K
$610.8K – $814.4K
NOI $48,862 @ 7.0% cap · market cap 4.07%
Theoretical Best
Multifamily LT 5
$107.86M
$94.38M – $125.84M
NOI $7,550,202 @ 7.0% cap · market cap 629.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
311
Businesses Nearby
13k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
9,071 visits/mo
0.5 miles
Mobil
Shops & Services
2,539 visits/mo
0.4 miles
Enterprise Rent-A-Car
Shops & Services
1,008 visits/mo
0.2 miles
Demographics for 77619, TX
17,349
Population
6,885
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
87%
High-School Grad
5.4 sq mi
ZIP Area
3,213
Density / Sq Mi
$70,485
Median Household Income
$43,314
Median Earnings
$1,247
Median Rent
$153,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Firestone Complete Auto Care — 3500 Twin City Hwy, Groves, TX 77619
- Corona Speed Shop — 000059239, Groves, TX 77619
- Modica Bros Tire & Wheel Center — 3348 Twin City Hwy, Groves, TX 77619
- Chuck's Transmissions — 4300 Sheppard Ave, Port Arthur, TX 77642
- Manceaux's Automatic Transmission Service — 4300 Sheppard Ave, Port Arthur, TX 77642
Frequently Asked Questions
What type of property is this?
Auto shop - Heated downdraft booths and a dedicated mixing room support collision repair and refinishing operations.
Where is this auto shop located?
The property is located at 5320 W Parkway St Groves, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: +/-9,600 SF facility on roughly 0.429 of an acre; Two fully heated downdraft paint booths; Sealed mixing room for refinishing operations
