Auto Shop and Repair
New
For Sale
$525,000
8632 San Marino Ave, Dallas, TX 75217
Highway access improvements would require approval from the city or TXDOT.
Property Size2,000 SF
Price / SF$262.50
Days on Market6
Property Features for 8632 San Marino Ave
General Information
Standard status
Active
Size
2,000 SF
Building Details
Year Built
1990
Listing Agency:
Sebastian Realty
(214) 673-1740
Listed By:
Clarence Sebastian · License #0461005
Source:
Thebryandavisgroup
Added: Aug 25
Changed: Aug 29
Last Checked: Aug 28 at 7:04AM
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 Sebastian Realty
Investment Insights
Based on property information with market context.
The property is currently used as an auto shop and repair facility and dates to 1990. The seller is in the process of clearing the property, which may affect the final site condition at closing.
There is no existing entrance cut-out from C F Hawn Fwy. Constructing access would require approval from the city or TXDOT. The property may also be repurposed for other commercial ventures under its existing zoning.
There is no existing entrance cut-out from C F Hawn Fwy. Constructing access would require approval from the city or TXDOT. The property may also be repurposed for other commercial ventures under its existing zoning.
Key Highlights
- Current use as an auto shop and repair facility
- Built in 1990
- No existing entrance cut‑out from C F Hawn Fwy
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
$32,181
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
6.13%
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%
$643,620
$643.6K
Cap Rate 7%
$459,729
$459.7K
Cap Rate 9%
$357,567
$357.6K
Market Conditions
NOI Build-Up for 2,000 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
$48.2K $24.12/SF
− Vacancy
−$2.3K −$1.13/SF
EGI
$46.0K $22.99/SF
− OpEx
−$13.8K −$6.90/SF
NOI
$32.2K $16.09/SF
Area
ZIP 75217
Vacancy
4.70%
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%
$643,620
Cap Rate 7%
$459,729
Cap Rate 9%
$357,567
Alternative Uses
Best Use
Retail
$459.7K
$402.3K – $536.4K
NOI $32,181 @ 7.0% cap · market cap 6.13%
Second Best
Industrial
$180.3K
$157.7K – $210.3K
NOI $12,619 @ 7.0% cap · market cap 2.40%
Theoretical Best
Office A
$2.19M
$1.92M – $2.55M
NOI $153,238 @ 7.0% cap · market cap 29.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75217, TX
85,330
Population
25,534
Households
3.3
Avg Household Size
30
Median Age
6%
College-Educated
60%
High-School Grad
27.8 sq mi
ZIP Area
3,069
Density / Sq Mi
$52,987
Median Household Income
$35,106
Median Earnings
$1,189
Median Rent
$164,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Near Towing — 615 S St Augustine Dr Suite A, Dallas, TX 75217
Frequently Asked Questions
What type of property is this?
Auto shop - Highway access improvements would require approval from the city or TXDOT.
Where is this auto shop located?
The property is located at 8632 San Marino Ave Dallas, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Current use as an auto shop and repair facility; Built in 1990; No existing entrance cut‑out from C F Hawn Fwy
