Two-Bay Auto Detail
5705 Wellesley Ave Fort Worth, TX 76107
For Sale
Contact for pricing
Former mechanic shop currently operating as a two-bay detail shop with access via Horne Street.
Property Size1,014 SF
Price / SF$172.58
Days on Market16
Property Features for 5705 Wellesley Ave
General Information
- Standard status
- Active
- Size
- 1,014 SF
- Property subtype
- RETAIL
Listing Agency:
Team & Vasseur Commercial Real Estate
(214) 586-8584
Listed By:
Philip Samples · License #553590
Source:
Moodyscre
Added: Jul 9
Changed: Jul 23
Last Checked: Jul 23 at 2:30AM
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 Team & Vasseur Commercial Real Estate
Investment Insights
Based on property information with market context.
5705 Wellesley Avenue is a functional two-bay auto shop currently operating as an auto detail shop. The property has been used as a mechanic shop and is offered with flexibility for other uses in accordance with the CB-TF zoning designation (contact the City of Fort Worth Zoning for more information).
The site is positioned south of Camp Bowie and I-30, with immediate access from Horne Street. It is located at the intersection of Horne Street and Wellesley Avenue, in an area characterized by retail and office uses.
For buyers or tenants seeking an automotive-oriented, accessible facility, this property’s configuration supports service and light garage-style operations within the constraints of the applicable zoning.
The site is positioned south of Camp Bowie and I-30, with immediate access from Horne Street. It is located at the intersection of Horne Street and Wellesley Avenue, in an area characterized by retail and office uses.
For buyers or tenants seeking an automotive-oriented, accessible facility, this property’s configuration supports service and light garage-style operations within the constraints of the applicable zoning.
Key Highlights
- Former mechanic shop currently operating as a two‑bay detail shop
- Access via Horne Street with immediate connectivity to Camp Bowie and I‑30
- Located at the intersection of Horne Street and Wellesley Avenue (5705 Wellesley Avenue)
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 | $10.1k | $9.96 |
| − Vacancy | −$959 | −$0.95 |
| EGI | $9.1k | $9.01 |
| − OpEx | −$2.7k | −$2.70 |
| NOI | $6.4k | $6.31 |
1,014 SF · lease $9.96/SF/yr · vacancy 9.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$232.8K
$203.7K – $271.7K
NOI $16,299 @ 7.0% cap · market cap 9.31%
Second Best
Industrial
$91.4K
$80.0K – $106.6K
NOI $6,398 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$368.3K
$322.3K – $429.7K
NOI $25,784 @ 7.0% cap · market cap 14.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
A Touch of Class Auto ...
Car Wash
Similar Off Market Nearby
- Rust Oil Corporation — 6300 Ridglea Pl # 904, Fort Worth, TX 76116, United States
- HUBBS 24hr mobile Diesel Repair — 5713 Farnsworth Ave, Fort Worth, TX 76107
- Marquez Mobile Auto — 5433 Farnsworth Ave, Fort Worth, TX 76107
- Marquez Mobile Auto — Farnsworth Ave, Fort Worth, TX 76107
- Allegro Auto Glass — 5528 fletcher ave, fort worth, tx 76107
FAQs
What type of property is this?
Auto shop - Former mechanic shop currently operating as a two-bay detail shop with access via Horne Street.
Where is this auto shop located?
The property is located at 5705 Wellesley Ave Fort Worth, TX.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Former mechanic shop currently operating as a two‑bay detail shop; Access via Horne Street with immediate connectivity to Camp Bowie and I‑30; Located at the intersection of Horne Street and Wellesley Avenue (5705 Wellesley Avenue)
