Auto Mechanic Shop
606 W Canton Rd Edinburg, TX 78539
606 W Canton Rd, Edinburg, TX, 78539
$850,000
For Sale
$850,000
Garage mechanic shop with space designed for operating and room to expand.
Property Size3,000 SF
Price / SF$283.33
Days on Market738
Property Features for 606 W Canton Rd
General Information
- Standard status
- Active
- Size
- 3,000 SF
Listing agency
A+ Vision Realty, LLC
(956) 457-4356
Listed by
Tommy Longoria
(956) 533-0727
Source
Exprealty
Added: Jul 15, 2024 Updated: Jul 21 at 1:42PM Checked: Jul 21 at 1:42PM
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 A+ Vision Realty, LLC
Investment Insights
Based on property information with market context.
This property is a garage mechanic shop setup and is ready for a new buyer. The facility includes plenty of room to expand beyond the current shop operation.
The property is offered for sale. The address is 606 W Canton Rd, Edinburg, TX.
With its shop-ready configuration and additional expansion space, the building is suited for buyers looking for a turnkey automotive service environment.
The property is offered for sale. The address is 606 W Canton Rd, Edinburg, TX.
With its shop-ready configuration and additional expansion space, the building is suited for buyers looking for a turnkey automotive service environment.
Key Highlights
- Garage mechanic shop setup, ready for a new buyer
- Space designed for operating with room to expand
Local Financial Insights For Retail
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 | $52.2k | $17.40 |
| − Vacancy | −$4.4k | −$1.48 |
| EGI | $47.8k | $15.92 |
| − OpEx | −$14.3k | −$4.78 |
| NOI | $33.4k | $11.14 |
3,000 SF · lease $17.40/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$477.6K
$417.9K – $557.2K
NOI $33,434 @ 7.0% cap · market cap 3.93%
Second Best
Industrial
$248.4K
$217.4K – $289.9K
NOI $17,391 @ 7.0% cap · market cap 2.05%
Theoretical Best
Office A
$778.4K
$681.1K – $908.2K
NOI $54,490 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Picazo's Upholstery Shop — 1018 w wisconsin rd, edinburg, tx 78539
- J&R Autoservice — 3600 S Closner Blvd, Edinburg, TX 78539
- El Bombon Tire Shop — S Closner Blvd, Edinburg, TX 78539
- Sanchez Mobile Automotive Repair & Diagnostic — 3715 s sugar rd, edinburg, tx 78539
- Tomas Collision Center — 1510 W Wisconsin Rd, Edinburg, TX 78539
FAQs
What type of property is this?
Auto shop - Garage mechanic shop with space designed for operating and room to expand.
Where is this auto shop located?
The property is located at 606 W Canton Rd Edinburg, 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: Garage mechanic shop setup, ready for a new buyer; Space designed for operating with room to expand
