8-Bay Auto
New
For Sale
$2,000,000
8212 White Settlement Road, White Settlement, TX 76108
Separate work areas, office amenities, and two vehicle entrances support a range of automotive service operations.
Property Size2,384 SF
Lot Size1.30 Acres
Price / SF$505.18
Days on Market3
Property Features for 8212 White Settlement Road
General Information
Standard status
Active
Size
2,384 SF
Lot size
1.30 Acres
Property subtype
Business
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Service Bays
8
Amenities
office space
break room
restrooms
Building Details
Building Size
2,384 SF
Year Built
1957
Buildings
2
Listing Agency:
Signature Real Estate Group
Listed By:
Abraham Mercado · License #0726890
(682) 551-8954
Source:
Baerealty
Added: Oct 1
Last Checked: Oct 1 at 2:00PM
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 Signature Real Estate Group
Investment Insights
Based on property information with market context.
This auto shop property includes 3,959 square feet of covered work area across three structures on 1.3 acres. The 1,384-square-foot main building has office space, a break room, two restrooms, and two bay doors. Behind it, a 35' x 45' covered carport provides 1,575 square feet and three work bays. A detached 20' x 50' shop adds 1,000 square feet and three bay doors. Altogether, the property has eight work bays and two separate entrances for vehicle circulation.
The property is on White Settlement Road in White Settlement, Texas, with access to Loop 820. Front parking and additional parking are noted on site.
The property is on White Settlement Road in White Settlement, Texas, with access to Loop 820. Front parking and additional parking are noted on site.
Key Highlights
- 1.3 acres with 3,959 square feet of covered shop and work area
- Eight work bays across the main building, carport, and detached shop
- Main building: 1,384 square feet, office, break room, two restrooms, and two bay doors
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
$63,635
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
3.18%
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%
$1,272,700
$1.3M
Cap Rate 7%
$909,071
$909.1K
Cap Rate 9%
$707,056
$707.1K
Market Conditions
NOI Build-Up for 3,959 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
$95.5K $24.12/SF
− Vacancy
−$4.6K −$1.16/SF
EGI
$90.9K $22.96/SF
− OpEx
−$27.3K −$6.89/SF
NOI
$63.6K $16.07/SF
Area
ZIP 76108
Vacancy
4.80%
Lease Rate
$24.12 /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%
$1,272,700
Cap Rate 7%
$909,071
Cap Rate 9%
$707,056
Alternative Uses
Best Use
Retail
$909.1K
$795.4K – $1.06M
NOI $63,635 @ 7.0% cap · market cap 3.18%
Second Best
Industrial
$322.5K
$282.2K – $376.2K
NOI $22,572 @ 7.0% cap · market cap 1.13%
Theoretical Best
Office A
$1.05M
$914.5K – $1.22M
NOI $73,162 @ 7.0% cap · market cap 3.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
8
Service bays
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76108, TX
46,170
Population
18,031
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
89%
High-School Grad
43.1 sq mi
ZIP Area
1,071
Density / Sq Mi
$78,471
Median Household Income
$44,235
Median Earnings
$1,418
Median Rent
$238,800
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
- DPF Systems — 863 S Cherry Ln, Fort Worth, TX 76108
- Clements Automotive — 863 S Cherry Ln, White Settlement, TX 76108
- Superior Towing — 7804 Tacoma Dr, White Settlement, TX 76108
- Glory automotive — Grant Cir, White Settlement, TX 76108
- Tilden Car Care — 428 S Las Vegas Trail, White Settlement, TX 76108
Frequently Asked Questions
What type of property is this?
Auto shop - Separate work areas, office amenities, and two vehicle entrances support a range of automotive service operations.
Where is this auto shop located?
The property is located at 8212 White Settlement Road White Settlement, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 1.3 acres with 3,959 square feet of covered shop and work area; Eight work bays across the main building, carport, and detached shop; Main building: 1,384 square feet, office, break room, two restrooms, and two bay doors
