Established Automotive Business For Sale

8328 FM2673, Canyon Lake, TX 78133

View on Map

For Sale

Contact for pricing

Operating automotive mechanic shop with real estate and equipment included.

Type:Retail

Property size:

3,040 SF

Lot size:

0.55 Acres

Price / SF:

$213/SF

HighLights

Established automotive mechanic shop (T‑CAR) business, real estate, and equipment included in the sale.
Prime location near FM 3159 and Startz Road intersections.
Over 2400 sqft building featuring 5 bays with front and rear entries and multiple lifts (2‑post and 4‑post).
Includes a Hunter Alignment rack and machine.
Oil distribution and recovery system with multiple tanks (250‑gallon oil, 100‑gallon diesel, 500‑gallon used oil).
Includes a 2007 Grand Junction RV with a current tenant providing rental income.

We can help!

Listing Contact

Mark Hampton

For Sale

Contact for pricing

Operating automotive mechanic shop with real estate and equipment included.

Type:Retail

Property size:

3,040 SF

Lot size:

0.55 Acres

Price / SF:

$213/SF

Added:: Dec 14, 2023
Days on Market:: 907
Last Refresh:: May 12 at 8:58 pm

Property Features for 8328 FM2673

General Information

Standard status: Active
Size: 3,040 SF
Lot size: 0.55 Acres
Property subtype: Retail

We can help!

Listing Contact

Mark Hampton

Listing agent Mark Hampton License #TX 464012

Listing office Keller Williams Realty Heritage

Listing date Dec 14, 2023

Source Crexi

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 Keller Williams Realty Heritage

HighLights

Established automotive mechanic shop (T‑CAR) business, real estate, and equipment included in the sale.
Prime location near FM 3159 and Startz Road intersections.
Over 2400 sqft building featuring 5 bays with front and rear entries and multiple lifts (2‑post and 4‑post).
Includes a Hunter Alignment rack and machine.
Oil distribution and recovery system with multiple tanks (250‑gallon oil, 100‑gallon diesel, 500‑gallon used oil).
Includes a 2007 Grand Junction RV with a current tenant providing rental income.

Overview

The property at 8328 FM 2673, also known as T-Car, is an established automotive mechanic shop situated on 0.552 acres, comprising two lots. The property includes a building of over 2400 square feet. The sale encompasses the business, the real estate, and most of the equipment. Located near the intersections of FM 3159 and Startz Road, the building features five bays with front and rear entries. The bays are equipped with either a 2-post or a 4-post lift. One bay includes a 4-post Hunter Alignment rack and machine. The floor plan incorporates an office area, restroom, and a breakroom. The shop is set up with an oil distribution and recovery system, featuring a 250-gallon oil tank, a 100-gallon diesel oil tank, and a detached building with a 500-gallon used oil recovery system. A 2007 Grand Junction RV is also included, which is currently leased by a tenant.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$60.6k	$19.92
− Vacancy	−$2.4k	−$0.80
EGI	$58.1k	$19.12
− OpEx	−$17.4k	−$5.74
NOI	$40.7k	$13.39

3,040 SF · lease $19.92/SF/yr · vacancy 4.00% · expense 30.00%

Alternative Uses

Best Use

Retail

$581.3K

$508.7K – $678.2K (±1% cap)

NOI $40,694 @ 7.0% cap · market cap 6.26%

Second Best

Industrial

$259.9K

$227.4K – $303.2K (±1% cap)

NOI $18,194 @ 7.0% cap · market cap 2.80%

Theoretical Best

Office A

$775.5K

$678.5K – $904.7K (±1% cap)

NOI $54,282 @ 7.0% cap · market cap 8.35%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Similar Places Nearby

Hillview Garage — 7735 FM2673, Canyon Lake, TX 78133
Quality finish solutions — 2185 Old Sattler Rd, Canyon Lake, TX 78133
Car Locks Canyon Lake TX — 8565 FM2673, Canyon Lake, TX 78133
Jumpstart My Car Canyon Lake TX — 897 lexington pass, canyon lake, tx 78623
Hillview Automotive — 7735 fm2673, canyon lake, tx 78133

Location Insight

Map
Local Demand

City: Canyon Lake
County: Comal
State: Texas
Longitude: -98.2711606
Latitude: 29.8445111

Nearby Similar for Sale

$460,000

3,238 SF

Side-by-Side Duplex Income Property

Two refreshed 3-bedroom units offer current rental income with a second unit ready for occupancy.

19959 Fm 306, Canyon Lake, TX 78133

View Details
$850,000

3,157 SF

Canyon Lake Commercial Building

Commercial building with ample workspace on Startz Road.

10221 Startz Road, Canyon Lake, TX 78133

View Details
$539,000

2,366 SF

Waterfront Property with Lake Access

Canyon Lake waterfront property with remodeled home and lake access.

4343 Morningside Way, Canyon Lake, TX 78133

View Details
$20

5,170 SF

Old Thyme Plaza Retail Space

Commercial retail/office space in Old Thyme Plaza business strip center.

1642 Fm 2673, Canyon Lake, TX 78133

View Details
$369,400

1,732 SF

Unrestricted Mixed-Use Property

Unrestricted property with an existing home, replaced septic, and a recently installed double-sided billboard for flexible use.

8251 Fm 2673, Canyon Lake, TX 78133

View Details
$850,000

640 SF

Canyon Lake Recreational Income Property

2.64-acre property with RV spaces and pickleball courts.

14181 Fm 306 Lot B, Canyon Lake, TX 78133

View Details
$1,299,900

8,982 SF

Canyon Lake Commercial Property For Sale

Commercial property in New Braunfels area, ideal for distribution, logistics.

180 Spring Mountain Drive, Canyon Lake, TX 78133

View Details
$339,000

RV Lots Near Canyon Lake

Income property with RV lots near Canyon Lake access.

9895 FM 2673, Canyon Lake, TX 78133

View Details
$339,000

RV Park Income Property

RV park with full hook-ups and room to expand, positioned for convenient access to local shopping and Canyon Lake recreation.

9895 FM2673, Canyon Lake, TX 78133

View Details
$189,000

1,168 SF

Canyon Lake Multi-Family Unit

Two-bedroom unit with attached garage near local amenities.

306 Dietert, Canyon Lake, TX 78133

View Details
$475,000

4,000 SF

Canyon Lake Standalone Daycare Facility

4,000 SF daycare center with expansion potential in Canyon Lake.

130 Charter Oak Dr, Canyon Lake, TX 78133

View Details
$839,995

Guadalupe Riverfront STR Investment Opportunity

Turnkey short-term rental property on the Guadalupe River.

546 Riverside Path, Canyon Lake, TX 78133

View Details

For sale
Auto shops
TX
Canyon Lake
78133
8328 FM2673

What type of property is this?

Auto shop - Operating automotive mechanic shop with real estate and equipment included.

Where is this auto shop located?

The property is located at 8328 FM2673 Canyon Lake, 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: Established automotive mechanic shop (T‑CAR) business, real estate, and equipment included in the sale.; Prime location near FM 3159 and Startz Road intersections.; Over 2400 sqft building featuring 5 bays with front and rear entries and multiple lifts (2‑post and 4‑post).