Motorcycle Repair
New
For Sale
$525,000
7000 Airline Dr, Houston, TX 77076
The existing operation occupies a commercial building with a compact footprint suited to automotive service.
Property Size2,560 SF
Lot Size0.17 Acres
Price / SF$205.08
Days on Market2
Property Features for 7000 Airline Dr
General Information
Standard status
Active
Size
2,560 SF
Lot size
0.17 Acres
Property subtype
Special Purpose
Additional Details
Road Access
Yes
Building Details
Building Size
2,560 SF
Year Built
1959
Buildings
1
Listing Agency:
eXp Realty, LLC
Listed By:
Adam Olsen, CCIM · License #TX #0642075
(713) 614-2670
Source:
Thecommercialprofessionals
Added: Sep 30
Last Checked: Oct 1 at 8:03AM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This commercial property in Houston contains an approximately 2,560-square-foot building on an approximately 7,500-square-foot lot. Constructed in 1959, the building is currently used for motorcycle repair.
The property is at 7000 Airline Dr, along an established commercial corridor. Nearby businesses include retail, office, medical, and service uses.
The property is at 7000 Airline Dr, along an established commercial corridor. Nearby businesses include retail, office, medical, and service uses.
Key Highlights
- Approximately 2,560 SF building on an approximately 7,500 SF lot
- Currently operating as a motorcycle repair shop
- Built in 1959
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
$34,713
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
6.61%
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%
$694,260
$694.3K
Cap Rate 7%
$495,900
$495.9K
Cap Rate 9%
$385,700
$385.7K
Market Conditions
NOI Build-Up for 2,560 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
$52.5K $20.52/SF
− Vacancy
−$2.9K −$1.15/SF
EGI
$49.6K $19.37/SF
− OpEx
−$14.9K −$5.81/SF
NOI
$34.7K $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%
$694,260
Cap Rate 7%
$495,900
Cap Rate 9%
$385,700
Alternative Uses
Best Use
Retail
$495.9K
$433.9K – $578.6K
NOI $34,713 @ 7.0% cap · market cap 6.61%
Second Best
Industrial
$206.2K
$180.4K – $240.6K
NOI $14,435 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$658.3K
$576.0K – $768.0K
NOI $46,080 @ 7.0% cap · market cap 8.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
785
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77076, TX
32,349
Population
10,650
Households
3
Avg Household Size
31
Median Age
6%
College-Educated
55%
High-School Grad
4.7 sq mi
ZIP Area
6,883
Density / Sq Mi
$39,895
Median Household Income
$26,809
Median Earnings
$1,151
Median Rent
$147,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
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- Bolting Specialty of Houston — 10210 Fulton St, Houston, TX 77076
- Auto Electric Express LLC — 10103 Bauman Rd, Houston, TX 77076
Frequently Asked Questions
What type of property is this?
Auto shop - The existing operation occupies a commercial building with a compact footprint suited to automotive service.
Where is this auto shop located?
The property is located at 7000 Airline Dr Houston, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Approximately 2,560 SF building on an approximately 7,500 SF lot; Currently operating as a motorcycle repair shop; Built in 1959
