Automotive Shop and
700 South Interstate Highway 45 Ennis, TX 75119
700 South Interstate Highway 45, Ennis, TX, 75119
$349,000
For Sale
$349,000
Commercial Sale, Other - Ennis, TX
Property Size2,540 SF
Lot Size0.21 Acres
Price / SF$137.40
Days on Market158
Property Features for 700 South Interstate Highway 45
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 0.21 Acres
Building Details
- Year built
- 1986
- Architectural style
- Other
Listing Agency
NextHome Property Advisors
(972) 246-8297
641 Highlander Ave., TX
Listed by
Dillon Newman · License #822700,PersonLicenseNumber
(972) 679-5886
Added: Feb 9 Checked: Jul 17 at 2:06 am
MLS# 21175114
Listing URL
Copyright © 2026 NextHome, 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 commercial property includes a well-built shop and workshop/warehouse totaling 2,540 sq ft, supported by robust metal construction. The building features two bay doors, spacious work areas with durable concrete flooring, a fully finished office space, and two bathrooms. Central heating and cooling are in place to support year-round operations.
The site is situated directly off I-45 with high-visibility frontage along one of Ennis’s growth corridors, providing immediate exposure to daily commuters. The property is located just steps from the Buc-ee’s travel center, and the remarks estimate 7,800+ vehicles passing daily.
The owner currently operates a business on-site and is prepared to vacate upon an accepted offer. Owner financing is available, and the listing notes the possibility to discuss an adjacent one-acre parcel with the seller.
The site is situated directly off I-45 with high-visibility frontage along one of Ennis’s growth corridors, providing immediate exposure to daily commuters. The property is located just steps from the Buc-ee’s travel center, and the remarks estimate 7,800+ vehicles passing daily.
The owner currently operates a business on-site and is prepared to vacate upon an accepted offer. Owner financing is available, and the listing notes the possibility to discuss an adjacent one-acre parcel with the seller.
Key Highlights
- 2,540 SF metal shop and workshop warehouse built in 1986 with 2 bay doors
- Approximately 0.25 acres with commercial frontage on S Interstate Highway 45
- Fully finished office space plus 2 bathrooms and durable concrete flooring
Local Financial Insights For Warehouse
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 | $22.9k | $9.00 |
| − Vacancy | −$2.1k | −$0.82 |
| EGI | $20.8k | $8.18 |
| − OpEx | −$3.1k | −$1.23 |
| NOI | $17.7k | $6.95 |
2,540 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%
Alternative Uses
Best Use
Office B
$607.0K
$531.1K – $708.1K
NOI $42,487 @ 7.0% cap · market cap 12.17%
Second Best
Retail
$602.3K
$527.0K – $702.7K
NOI $42,160 @ 7.0% cap · market cap 12.08%
Theoretical Best
Multifamily LT 5
$27.72M
$24.25M – $32.33M
NOI $1,940,091 @ 7.0% cap · market cap 555.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Well-built 2,540 sq ft shop with two bay doors, finished office, central HVAC, and concrete work areas on 0.21 acres.
Where is this flex space located?
The property is located at 700 South Interstate Highway 45 Ennis, TX.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 2,540 SF metal shop and workshop warehouse built in 1986 with 2 bay doors; Approximately 0.25 acres with commercial frontage on S Interstate Highway 45; Fully finished office space plus 2 bathrooms and durable concrete flooring
