Automotive Retail
For Sale
Contact for pricing
5817 Antoine Drive, Houston, TX 77091
Former auto parts building with an open layout, one 10'x10' overhead door, and on-site parking.
Property Size6,100 SF
Lot Size0.66 Acres
Price / SF$261.48
Days on Market104
Property Features for 5817 Antoine Drive
General Information
Standard status
Active
Size
6,100 SF
Total Parking Spaces
30
Lot size
0.66 Acres
Property subtype
Retail
Investment Type
Owner/User
Building Details
Buildings
1
Listing Agency:
Davis Commercial a Real Estate Company
Listed By:
Lisa Rimkus · License #TX 727915
Source:
Crexi
Added: May 27
Changed: Sep 4
Last Checked: Sep 4 at 11:22AM
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 Davis Commercial a Real Estate Company
Investment Insights
Based on property information with market context.
This property is a 6,100 square foot former Advanced Auto Parts building built for an automotive retail operation. The interior offers an open floor plan and includes one 10'x10' overhead door for convenient drive-in access. The building sits on 28,615 square feet of land and includes 30 parking spaces.
The property is located on Antoine Drive, just off W. Tidwell Road in Houston, Texas. The offering notes no restrictions and includes a Certificate of Occupancy.
As configured, the space is suited to a straightforward, open-plan use with a loading access point via the overhead door, supported by ample parking on site.
The property is located on Antoine Drive, just off W. Tidwell Road in Houston, Texas. The offering notes no restrictions and includes a Certificate of Occupancy.
As configured, the space is suited to a straightforward, open-plan use with a loading access point via the overhead door, supported by ample parking on site.
Key Highlights
- 6,100 SF former Advanced Auto Parts building with an open floor plan
- One 10' x 10' overhead door for convenient loading
- 28,615 SF lot size with 30 on‑site parking spaces
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
$82,714
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
5.19%
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%
$1,654,280
$1.7M
Cap Rate 7%
$1,181,629
$1.2M
Cap Rate 9%
$919,044
$919.0K
Market Conditions
NOI Build-Up for 6,100 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
$125.2K $20.52/SF
− Vacancy
−$7.0K −$1.15/SF
EGI
$118.2K $19.37/SF
− OpEx
−$35.4K −$5.81/SF
NOI
$82.7K $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 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%
$1,654,280
Cap Rate 7%
$1,181,629
Cap Rate 9%
$919,044
Alternative Uses
Best Use
Retail
$1.18M
$1.03M – $1.38M
NOI $82,714 @ 7.0% cap · market cap 5.19%
Second Best
Industrial
$491.4K
$429.9K – $573.3K
NOI $34,395 @ 7.0% cap · market cap 2.16%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,800 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77091, TX
28,020
Population
12,501
Households
2.2
Avg Household Size
34
Median Age
19%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
3,946
Density / Sq Mi
$35,737
Median Household Income
$28,906
Median Earnings
$1,061
Median Rent
$223,700
Median Home Value
Market
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
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- J&R Automotive & A/C LLC. — 6131 Pinemont Dr Suite F, Houston, TX 77092
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Frequently Asked Questions
What type of property is this?
Auto shop - Former auto parts building with an open layout, one 10'x10' overhead door, and on-site parking.
Where is this auto shop located?
The property is located at 5817 Antoine Drive Houston, TX.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 6,100 SF former Advanced Auto Parts building with an open floor plan; One 10' x 10' overhead door for convenient loading; 28,615 SF lot size with 30 on‑site parking spaces
