Two-Bay Auto Repair
For Sale
$295,000
7800 Alumax Dr, Texarkana, TX 75503
Commercial Sale, Texarkana, TX
Property Size2,400 SF
Lot Size1.00 Acre
Price / SF$122.92
Days on Market72
Property Features for 7800 Alumax Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
10
Subdivision
Stinson Addition
Directions
Take Kings Hwy to Alumax drive, property on north side after RR Tracks
Standard status
Active
Size
2,400 SF
Lot size
1.00 Acre
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas, Wall Furnace
Cooling system
Window Unit(s), Electric
Water source
Public
Amenities
office
full bathroom
drive-through capability
Building Details
Year built
1994
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
Better Homes & Gardens Real Estate Infinity
(903) 306-1454
Listed By:
Teresa Liepman · License #PB00065270
(903) 276-9464
Added: Jul 12
Changed: Sep 16
Last Checked: Sep 21 at 6:06PM
MLS# 205340
Copyright © 2026 Texarkana Board of Realtors. 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.
The 2,400-square-foot automotive repair facility includes an office, full bathroom, and two-bay garage with drive-through functionality. One bay is equipped with a vehicle lift, and an air compressor is also included. The property has operated as an auto repair business for over 30 years, with some equipment potentially negotiable.
Situated on 1 acre, the site provides additional outdoor area associated with the existing operation. The 1994 building features metal siding, a metal roof, and concrete flooring. Public water and public sewer serve the property. Heating is provided by wall furnace and central systems using natural gas, while cooling includes electric and window units.
Situated on 1 acre, the site provides additional outdoor area associated with the existing operation. The 1994 building features metal siding, a metal roof, and concrete flooring. Public water and public sewer serve the property. Heating is provided by wall furnace and central systems using natural gas, while cooling includes electric and window units.
Key Highlights
- 2,400‑square‑foot auto repair facility on 1 acre
- Two‑bay garage with drive‑through capability
- Vehicle lift and air compressor included
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
$12,359
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
4.19%
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%
$247,180
$247.2K
Cap Rate 7%
$176,557
$176.6K
Cap Rate 9%
$137,322
$137.3K
Market Conditions
NOI Build-Up for 2,400 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
$19.3K $8.04/SF
− Vacancy
−$1.6K −$0.68/SF
EGI
$17.7K $7.36/SF
− OpEx
−$5.3K −$2.21/SF
NOI
$12.4K $5.15/SF
Area
Bowie County, TX
Vacancy
8.50%
Lease Rate
$8.04 /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%
$247,180
Cap Rate 7%
$176,557
Cap Rate 9%
$137,322
Alternative Uses
Best Use
Retail
$569.1K
$498.0K – $663.9K
NOI $39,836 @ 7.0% cap · market cap 13.50%
Second Best
Industrial
$176.6K
$154.5K – $206.0K
NOI $12,359 @ 7.0% cap · market cap 4.19%
Theoretical Best
Hotel Hospitality
$1.81M
$1.58M – $2.11M
NOI $126,540 @ 7.0% cap · market cap 42.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75503, TX
25,547
Population
11,464
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
78.5 sq mi
ZIP Area
325
Density / Sq Mi
$67,733
Median Household Income
$43,508
Median Earnings
$1,185
Median Rent
$214,400
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 South region
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Similar Off Market Nearby
- SECA Motorsports — 2021 Brinlee Rd, Nash, TX 75569
- Blue Gorilla Garage — 6905 Alumax Rd, Texarkana, TX 75501
- Stinson Automotive — 7800 Alumax Rd, Texarkana, TX 75501
- Automotive Electronic Solutions LLC. - Texarkana — 7117 Alumax Rd unit D, Nash, TX 75569
- Fat Daddy's Garage — 7750 Hampton Rd, Texarkana, TX 75503
Frequently Asked Questions
What type of property is this?
Auto shop - Drive-through service facility with an office, restroom, vehicle lift, and air compressor for automotive operations.
Where is this auto shop located?
The property is located at 7800 Alumax Dr Texarkana, TX.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 2,400‑square‑foot auto repair facility on 1 acre; Two‑bay garage with drive‑through capability; Vehicle lift and air compressor included
