Auto Body Shop with Live-Work
For Sale
Contact for pricing
7845 Lettie Street, Houston, TX 77075
For sale auto body and paint shop with a fenced yard, high-clearance shop building, and an office/apartment.
Property Size6,000 SF
Lot Size0.77 Acres
Price / SF$123.33
Days on Market151
Property Features for 7845 Lettie Street
General Information
Standard status
Active
Size
6,000 SF
Total Parking Spaces
8
Lot size
0.77 Acres
Property subtype
Office, Industrial
Site & Location
Neighborhood
Greater Hobby Area
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
16 ft
Heavy Power
Yes
Building Details
Construction
metal building
Listing Agency:
My Castle Realty
Listed By:
Gary Bisha · License #TX 0508227
(713) 828-2208
Source:
Crexi
Added: May 28
Changed: Oct 19
Last Checked: Oct 24 at 2:17PM
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 My Castle Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is currently operating as a fully functional auto body and paint shop within a 6,000 SF metal building. The facility includes 3-phase electrical service, two overhead doors, and an approximately 16’ eave height, supporting a range of automotive and light industrial uses. The site also features a spacious 2,000+ SF office/apartment designed for live/work flexibility, with central A/C, a dedicated office area, a full kitchen, and three bedrooms with 1.5 baths.
A fully fenced yard provides added security and includes two gated access points. Additional exterior improvements include a covered 6–8 car carport constructed from shipping containers, along with the shop’s existing automotive-ready setup.
The combination of a high-clearance shop, functional utilities, and an on-site office/apartment configuration makes this a versatile option for an owner-user or an investor seeking a multi-use commercial property.
A fully fenced yard provides added security and includes two gated access points. Additional exterior improvements include a covered 6–8 car carport constructed from shipping containers, along with the shop’s existing automotive-ready setup.
The combination of a high-clearance shop, functional utilities, and an on-site office/apartment configuration makes this a versatile option for an owner-user or an investor seeking a multi-use commercial property.
Key Highlights
- Auto body and paint shop currently operating, with a 6,000 SF metal building for automotive or light industrial use
- Approx. 0.77‑acre fenced lot with two gated access points and a shipping‑container 6–8 car covered carport
- Shop has 3‑phase electrical service, two overhead doors, and 16' eave height for larger vehicles and equipment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,478
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,249,560
$1.2M
Cap Rate 7%
$892,543
$892.5K
Cap Rate 9%
$694,200
$694.2K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$108.0K $18.00/SF
− Vacancy
−$11.9K −$1.98/SF
EGI
$96.1K $16.02/SF
− OpEx
−$33.6K −$5.61/SF
NOI
$62.5K $10.41/SF
Area
Houston, TX
Vacancy
11.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,249,560
Cap Rate 7%
$892,543
Cap Rate 9%
$694,200
Alternative Uses
Best Use
Retail
$1.16M
$1.02M – $1.36M
NOI $81,358 @ 7.0% cap · market cap 10.99%
Second Best
Mixed Use
$1.13M
$990.0K – $1.32M
NOI $79,200 @ 7.0% cap · market cap 10.70%
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M
NOI $108,000 @ 7.0% cap · market cap 14.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
16 ft
Clear height
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77075, TX
38,873
Population
13,267
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
70%
High-School Grad
11.2 sq mi
ZIP Area
3,471
Density / Sq Mi
$71,509
Median Household Income
$34,327
Median Earnings
$1,225
Median Rent
$219,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Houston, TX
Similar Off Market Nearby
- Maaco Auto Body Shop & Painting — 1011 N Main St, Pearland, TX 77581
- A Plus Transmission Specialists — 8381 s sam houston pkwy e, houston, tx 77075
- Hitch Pros Bed liners & Truck Accessories — 7718 Lettie St Ste#A, Houston, TX 77075
- ABC Auto & Hot Rod Heaven — 7845 Lettie St, Houston, TX 77075
- The Mobile Mechanic — 10901 Telephone Rd, Houston, TX 77075
Frequently Asked Questions
What type of property is this?
Auto shop - For sale auto body and paint shop with a fenced yard, high-clearance shop building, and an office/apartment.
Where is this auto shop located?
The property is located at 7845 Lettie Street Houston, TX.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: Auto body and paint shop currently operating, with a 6,000 SF metal building for automotive or light industrial use; Approx. 0.77‑acre fenced lot with two gated access points and a shipping‑container 6–8 car covered carport; Shop has 3‑phase electrical service, two overhead doors, and 16' eave height for larger vehicles and equipment
