Automotive Shop with Overhead
835 N Magnolia Ave, Luling, TX 78648
For Sale
Contact for pricing
Automotive facility with a covered service bay, office areas, secure storage, and parking configured for 18-wheelers.
Property Size3,883 SF
Lot Size1.34 Acres
Price / SF$0.60
Days on Market50
Property Features for 835 N Magnolia Ave
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Drive-In Doors
Amenities
covered bay
three overhead doors
lockable storage room
two finished out front office spaces
dedicated office/reception area
two bathrooms
Building Details
Year Built
Buildings
Building Size
Listing Agency:
The Ron Brown Company
(361) 575-1446
Listed By:
Homecity Real Estate
(254) 939-3585
Source:
Homecity
Added: Sep 21
Changed: Nov 8
Last Checked: Nov 8 at 5:23AM
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 The Ron Brown Company
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Investment Insights
Based on property information with market context.
This automotive property occupies a 1.34-acre lot and includes a covered bay with three front-facing overhead doors. The building has concrete flooring throughout, two finished front offices with window-unit cooling, and a separate office and reception area. A lockable storage room provides space for parts and inventory, while two bathrooms serve the facility, including one in the main work area and another near the front offices.
The property is positioned along US Highway 183 on the north side of Luling, with an expansive parking area that accommodates 18-wheelers. Built in 1981, the facility was previously used for truck repair and includes a layout suited to automotive service operations.
The property is positioned along US Highway 183 on the north side of Luling, with an expansive parking area that accommodates 18-wheelers. Built in 1981, the facility was previously used for truck repair and includes a layout suited to automotive service operations.
Key Highlights
- 1.34‑acre lot along US Highway 183 in Luling
- Covered bay with three overhead doors facing the front
- Parking area designed to accommodate 18‑wheelers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,750
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,000
$555.0K
Cap Rate 7%
$396,429
$396.4K
Cap Rate 9%
$308,333
$308.3K
Market Conditions
NOI Build-Up for 3,340 SF
Gross rent
$49.7K $14.88/SF
− Vacancy
−$7.0K −$2.10/SF
EGI
$42.7K $12.78/SF
− OpEx
−$14.9K −$4.47/SF
NOI
$27.7K $8.31/SF
Area
Caldwell County, TX
Vacancy
14.10%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,000
Cap Rate 7%
$396,429
Cap Rate 9%
$308,333
Alternative Uses
Best Use
Retail
$840.2K
$735.2K – $980.2K
NOI $58,812 @ 7.0% cap
Second Best
Industrial
$426.9K
$373.6K – $498.1K
NOI $29,884 @ 7.0% cap
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,618 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
3
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78648, TX
8,167
Population
3,563
Households
2.3
Avg Household Size
39
Median Age
11%
College-Educated
75%
High-School Grad
132.9 sq mi
ZIP Area
61
Density / Sq Mi
$56,533
Median Household Income
$30,836
Median Earnings
$1,063
Median Rent
$217,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Automotive — 615 S Magnolia Ave, Luling, TX 78648
- Luling Tire Service — 607 S Magnolia Ave, Luling, TX 78648
- Jorge's Auto & Diesel Repair — 1314 E Pierce St, Luling, TX 78648
- Tire Stop & Road Service — 722 E Pierce St, Luling, TX 78648
- Steele Chevrolet GMC of Luling Service — 1088 E Pierce St, Luling, TX 78648
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive facility with a covered service bay, office areas, secure storage, and parking configured for 18-wheelers.
Where is this auto shop located?
The property is located at 835 N Magnolia Ave Luling, TX.
What are key features of this property?
This property features: 1.34‑acre lot along US Highway 183 in Luling; Covered bay with three overhead doors facing the front; Parking area designed to accommodate 18‑wheelers
