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Turn-Key Auto Body Repair Facility

621 S 2nd St Killeen, TX 76541

621 S 2nd St, Killeen, TX, 76541
$750,000
For Sale
$750,000

Fully equipped collision repair and paint shop with office, paint booth, wash bay, and roll-up doors for immediate operation.

Property Size6,700 SF
Lot Size0.48 Acres
Price / SF$111.94
Days on Market119

Property Features for 621 S 2nd St

General Information

Standard status
Active
Size
6,700 SF
Lot size
0.48 Acres
Listing Agency Coldwell Banker Apex, Realtors
Listed by Jean Shine · License #0282773
Source Exprealty
Added: Mar 25 Updated: Jul 10 at 3:59 pm Checked: Jul 19 at 7:35 am

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 Coldwell Banker Apex, Realtors


Investment Insights

Based on property information with market context.

This turn-key auto body facility is built and equipped for complete collision repair and refinishing, with shop improvements and professional-grade equipment included in the sale. The property features a purpose-built 14½’ x 24’ paint booth, paint mixing room, and wash bay, supported by compressed air distribution and multiple heating and air filtration systems. Operational access is provided by eight roll-up doors, and the shop infrastructure is paired with conveyable frame machines, welders, compressors, and paint systems.

A metal-frame building totaling approximately 6,700± SF sits on a 0.48-acre lot (±), with on-site parking and vehicle circulation designed to support daily production workflows. A 440 SF office area is included, with three private offices suitable for estimating, administration, and customer-facing needs. The property is located at 621 S 2nd St in Killeen, serving the Fort Hood trade area.

The layout, existing build-out, and included equipment support an owner-operator looking to begin operations with minimal downtime. It also suits an expanding automotive business seeking long-term occupancy control, with administrative space already integrated for day-to-day management. The listing notes that the combined replacement cost of land, specialized automotive improvements, and equipment materially exceeds the asking price, based on the seller’s estimate.

Key Highlights

  • Fully equipped collision repair and paint shop with extensive included equipment and real estate in the sale
  • 6,700± SF metal‑frame building on a 0.48‑acre lot, designed for vehicle circulation and on‑site parking
  • Purpose‑built paint booth (14½' x 24') plus paint mixing room and wash bay

Local 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 $64.3k $9.60
− Vacancy −$3.9k −$0.58
EGI $60.5k $9.02
− OpEx −$18.1k −$2.71
NOI $42.3k $6.32
6,700 SF · lease $9.60/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.14M
$996.2K – $1.33M (±1% cap)
NOI $79,692 @ 7.0% cap · market cap 10.63%
Second Best
Industrial
$604.6K
$529.0K – $705.4K (±1% cap)
NOI $42,323 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $112,650 @ 7.0% cap · market cap 15.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Complete Paint & Body ... Auto Repair Shop

Suggested Use

Dental Office Building Supply (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Florist Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Motor Genie — 1702 Florence Rd, Killeen, TX 76541
  • Alfarero Body Shop — 1702 Florence Rd, Killeen, TX 76541
  • Oscar's Continued — 619 Wolf St, Killeen, TX 76541
  • AMERICA DENT REPAIR — 1705 Florence Rd, Killeen, TX 76541
  • R & D Next Level Customs — 1704 Florence Rd, Killeen, TX 76541

FAQs

What type of property is this?
Auto shop - Fully equipped collision repair and paint shop with office, paint booth, wash bay, and roll-up doors for immediate operation.
Where is this auto shop located?
The property is located at 621 S 2nd St Killeen, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Fully equipped collision repair and paint shop with extensive included equipment and real estate in the sale; 6,700± SF metal‑frame building on a 0.48‑acre lot, designed for vehicle circulation and on‑site parking; Purpose‑built paint booth (14½' x 24') plus paint mixing room and wash bay
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