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Auto Shop with Expansion Pad
For Sale
$1,299,000

9718 State Highway 276, Royse City, TX 75189

CommercialSale, Royse City, TX

Property Size3,200 SF
Lot Size2.00 Acres
Price / SF$405.94
Days on Market146

Property Features for 9718 State Highway 276

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Real Commercial
Subdivision Honeycreek Acres
Lot features Acreage
Directions Hwy 276 East to Rockwall Hunt County Line. Property is on the Northside of Hwy 276.
Standard status Active
APN 18264
Lot size 2.00 Acres

Utilities

Sewer type Aerobic Septic
Heating system Electric (Heating)
Cooling system Electric

Building Details

Year built 2009
Floors in Building 1
Number of units 1
Flooring type Tile, Concrete
Building materials MetalSiding
Roof type Metal
Listing Agency: Monument Realty
Listed By: Rick Johnson · License #0617656
Added: May 15 Changed: Sep 30 Last Checked: Oct 7 at 3:06PM
MLS# 21267100

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This auto shop at 9718 State Highway 276 includes a 3,200-square-foot metal building constructed in 2009. The existing facility is configured for auto repair and features concrete and tile flooring, electric heating and cooling, and a metal roof. A substantial concrete pad behind the building provides an improved area for a future structure or additional site use.

The property encompasses 2 acres in Royse City, near the Rockwall County line. Access is along State Highway 276, where the site records a daily traffic count of 13,594 vehicles according to TxDOT. An aerobic septic system serves the property.

Key Highlights

  • 3,200‑square‑foot metal building constructed in 2009
  • Operating auto repair facility on 2 acres
  • Large concrete pad behind the existing building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$53,115
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,062,300 $1.1M
Cap Rate 7%
$758,786 $758.8K
Cap Rate 9%
$590,167 $590.2K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$79.9K $24.96/SF
− Vacancy
−$4.0K −$1.25/SF
EGI
$75.9K $23.71/SF
− OpEx
−$22.8K −$7.11/SF
NOI
$53.1K $16.60/SF
Area
Rockwall County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,062,300
Cap Rate 7%
$758,786
Cap Rate 9%
$590,167

Alternative Uses

Best Use
Retail
$758.8K
$663.9K – $885.3K (±1% cap)
NOI $53,115 @ 7.0% cap · market cap 4.09%
Second Best
Industrial
$238.1K
$208.4K – $277.8K (±1% cap)
NOI $16,670 @ 7.0% cap · market cap 1.28%
Theoretical Best
Hotel Hospitality
$2.41M
$2.11M – $2.81M (±1% cap)
NOI $168,720 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Building Supply Electrical Service Auto Parts Store Storage Facility Furniture & Home Goods Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13,594 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

57
Businesses Nearby
Well-served
Demand for This Use

Demographics for 75189, TX

37,777
Population
15,331
Households
2.5
Avg Household Size
34
Median Age
30%
College-Educated
93%
High-School Grad
109.9 sq mi
ZIP Area
344
Density / Sq Mi
$118,105
Median Household Income
$56,979
Median Earnings
$2,133
Median Rent
$336,000
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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Swift Auto Care — 9718 tx-276, royse city, tx 75189
  • Swift Auto Repair and Towing — 9718 TX-276, Royse City, TX 75189
  • Swift Towing — 9718 TX-276 #2, Royse City, TX 75189
  • A.C.E Tire shop — 6491 TX-276, Royse City, TX 75189
  • Southwest Car Care — 6443 TX-276, Royse City, TX 75189

Frequently Asked Questions

What type of property is this?
Auto shop - Operating auto repair facility with a concrete rear pad and aerobic septic system.
Where is this auto shop located?
The property is located at 9718 State Highway 276 Royse City, TX.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 3,200‑square‑foot metal building constructed in 2009; Operating auto repair facility on 2 acres; Large concrete pad behind the existing building
More about this property
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