Equipped Automotive Service
For Sale
$3,500,000
6167 US Highway 380, Bridgeport, TX 76426
CommercialSale, Bridgeport, TX
Property Size11,200 SF
Lot Size0.90 Acres
Price / SF$312.50
Days on Market49
Property Features for 6167 US Highway 380
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Garage, Oversize, Off Street, Carport, Parking Lot
Subdivision
RS Goode
Lot features
Cleared, Rolling Slope, Few Trees
Directions
From US Highway 380 and US Highway 287, drive west on Highway 380. Make a U-Turn onto US Highway 380, Your destination will be on the right.
Standard status
Active
APN
759834
Size
11,200 SF
Lot size
0.90 Acres
Taxes and HOA fees
Tax Description
RS GOODE
Tax Annual Amount
6629
Legal Description
RS GOODE
Utilities
Heating system
Electric (Heating)
Cooling system
Electric
Building Details
Year built
2002
Floors in Building
2
Number of units
1
Flooring type
Concrete, Carpet
Building materials
AluminumSiding, MetalSiding, Concrete
Roof type
Metal
Listing Agency:
CENTURY 21 Judge Fite Co.- Decatur · Century 21 Real Estate
(940) 969-0123
Listed By:
Thomas Gibson · License #0496389
(214) 920-9611
Added: Jul 16
Changed: Aug 30
Last Checked: Sep 2 at 12:06AM
MLS# 21038507
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 11,200-square-foot automotive service center was built in 2002 and is configured for a broad range of repair and maintenance work. The facility includes multiple service bays, storage areas, customer parking, and all shop tools and equipment included in the sale. Existing capabilities support radiator service, general and major repairs, tires, mufflers and exhaust, brakes, suspension, air conditioning, tune-ups, diagnostics, and preventive maintenance.
The property is located at 6167 US Highway 380 in Bridgeport, Texas, with approximately 448 feet of highway access. Parking features include a parking lot, oversize parking, a carport, a garage, and off-street parking. Concrete and metal construction materials, concrete flooring, electric heating and cooling, and a metal roof complete the physical improvements.
The property is located at 6167 US Highway 380 in Bridgeport, Texas, with approximately 448 feet of highway access. Parking features include a parking lot, oversize parking, a carport, a garage, and off-street parking. Concrete and metal construction materials, concrete flooring, electric heating and cooling, and a metal roof complete the physical improvements.
Key Highlights
- 11,200‑square‑foot automotive service center built in 2002
- Approximately 448 feet of access along US Highway 380
- All shop tools and equipment included in the sale
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
$185,902
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
5.31%
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%
$3,718,040
$3.7M
Cap Rate 7%
$2,655,743
$2.7M
Cap Rate 9%
$2,065,578
$2.1M
Market Conditions
NOI Build-Up for 11,200 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
$279.6K $24.96/SF
− Vacancy
−$14.0K −$1.25/SF
EGI
$265.6K $23.71/SF
− OpEx
−$79.7K −$7.11/SF
NOI
$185.9K $16.60/SF
Area
Wise County, TX
Vacancy
5.00%
Lease Rate
$24.96 /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%
$3,718,040
Cap Rate 7%
$2,655,743
Cap Rate 9%
$2,065,578
Alternative Uses
Best Use
Retail
$2.66M
$2.32M – $3.10M
NOI $185,902 @ 7.0% cap · market cap 5.31%
Second Best
Industrial
$851.0K
$744.6K – $992.8K
NOI $59,567 @ 7.0% cap · market cap 1.70%
Theoretical Best
Hotel Hospitality
$8.44M
$7.38M – $9.84M
NOI $590,520 @ 7.0% cap · market cap 16.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76426, TX
11,727
Population
4,435
Households
2.6
Avg Household Size
39
Median Age
23%
College-Educated
82%
High-School Grad
130.9 sq mi
ZIP Area
90
Density / Sq Mi
$84,759
Median Household Income
$40,995
Median Earnings
$1,172
Median Rent
$257,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- J&A Automobile Services, Inc — 6167 US-380, Bridgeport, TX 76426
Frequently Asked Questions
What type of property is this?
Auto shop - Established automotive facility with shop equipment, multiple service bays, storage, and customer parking along U.S. Highway 380.
Where is this auto shop located?
The property is located at 6167 US Highway 380 Bridgeport, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 11,200‑square‑foot automotive service center built in 2002; Approximately 448 feet of access along US Highway 380; All shop tools and equipment included in the sale
