Established Auto Repair
For Sale
$650,000
702 Roosevelt, San Antonio, TX 78210
Existing auto repair operation with potential for fleet vehicle servicing and storage.
Property Size2,716 SF
Price / SF$239.32
Days on Market10
Property Features for 702 Roosevelt
General Information
Standard status
Active
Size
2,716 SF
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Year Built
1955
Listing Agency:
Texas Premier Realty
(210) 844-8683
Listed By:
James Englishbee · License #0680117
Source:
Drialtor
Added: Aug 23
Changed: Aug 29
Last Checked: Aug 30 at 9:00PM
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 Texas Premier Realty
Investment Insights
Based on property information with market context.
This 2,716-square-foot auto repair property was built in 1955 and is associated with an established automotive service business. The existing operation provides a starting point for a buyer seeking to continue auto repair activity, while the layout may also accommodate storage and servicing for a fleet of small or midsized vehicles.
The property is located at 702 Roosevelt in San Antonio, with access to I-10 and I-37. It is also near the former Lone Star Brewery site, which the source identifies as a possible future redevelopment area. Owner financing is available to qualified buyers.
The property is located at 702 Roosevelt in San Antonio, with access to I-10 and I-37. It is also near the former Lone Star Brewery site, which the source identifies as a possible future redevelopment area. Owner financing is available to qualified buyers.
Key Highlights
- 2,716‑square‑foot auto repair property
- Established automotive service business with existing customers
- Built in 1955
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
$36,357
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
5.59%
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%
$727,140
$727.1K
Cap Rate 7%
$519,386
$519.4K
Cap Rate 9%
$403,967
$404.0K
Market Conditions
NOI Build-Up for 2,716 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
$54.1K $19.92/SF
− Vacancy
−$2.2K −$0.80/SF
EGI
$51.9K $19.12/SF
− OpEx
−$15.6K −$5.74/SF
NOI
$36.4K $13.39/SF
Area
San Antonio, TX
Vacancy
4.00%
Lease Rate
$19.92 /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%
$727,140
Cap Rate 7%
$519,386
Cap Rate 9%
$403,967
Alternative Uses
Best Use
Retail
$519.4K
$454.5K – $606.0K
NOI $36,357 @ 7.0% cap · market cap 5.59%
Second Best
Industrial
$222.0K
$194.2K – $259.0K
NOI $15,537 @ 7.0% cap · market cap 2.39%
Theoretical Best
Office A
$692.8K
$606.2K – $808.3K
NOI $48,496 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78210, TX
33,010
Population
14,410
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
76%
High-School Grad
7.3 sq mi
ZIP Area
4,522
Density / Sq Mi
$51,990
Median Household Income
$33,271
Median Earnings
$1,119
Median Rent
$172,700
Median Home Value
Market
Vacancy Rate% for Retail in San Antonio, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Inline Dent Repair — 407 cosgrove st, san antonio, tx 78210
- Ems Mechanic & Tire Shop — 2302 S Gevers St, San Antonio, TX 78210
- Fast Tire Repair — 2302 S Gevers St, San Antonio, TX 78210
- Auto Magic of Texas — 1737 S Hackberry St, San Antonio, TX 78210
- Bear Auto Repair — 1621 S Hackberry St, San Antonio, TX 78210
Frequently Asked Questions
What type of property is this?
Auto shop - Existing auto repair operation with potential for fleet vehicle servicing and storage.
Where is this auto shop located?
The property is located at 702 Roosevelt San Antonio, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,716‑square‑foot auto repair property; Established automotive service business with existing customers; Built in 1955
