Automotive Property with Highway
New
For Sale
$995,000
9820 E HWY 175, Kemp, TX 75143
Commercial Sale, Kemp, TX
Property Size1,800 SF
Lot Size3.21 Acres
Price / SF$552.78
Days on Market2
Property Features for 9820 E HWY 175
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Kaufman
Standard status
Active
APN
99.0003.0000.0645.01.04.00
Size
1,800 SF
Lot size
3.21 Acres
Taxes and HOA fees
Tax Description
J S ABLES, TRACT 645.01; 3.207 ACRES
Legal Description
J S ABLES, TRACT 645.01; 3.207 ACRES
Building Details
Year built
1951
Listing Agency:
McAtee Realty - Gun Barrel City
(903) 887-5658
Listed By:
Steve McAtee · License #0277418
(214) 232-3100
Added: Aug 28
Last Checked: Aug 29 at 12:06AM
MLS# 113359
Copyright © 2026 Henderson County Board of REALTORS®. 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 automotive-oriented commercial property comprises 3.207 acres with several existing improvements. The site includes a frame home, a 28-by-40-foot steel building, and a small sales office. Property size is listed at 1,800 square feet, while the individual improvements are not otherwise allocated by area. The property was built in 1951 and a survey is available.
Fronting Highway 175 east of Kemp, the tract provides approximately 304 feet of highway frontage. The existing combination of open acreage, multiple structures, and highway access supports continued evaluation for automotive-related commercial use, subject to applicable approvals.
Fronting Highway 175 east of Kemp, the tract provides approximately 304 feet of highway frontage. The existing combination of open acreage, multiple structures, and highway access supports continued evaluation for automotive-related commercial use, subject to applicable approvals.
Key Highlights
- 3.207‑acre commercial property east of Kemp
- Approximately 304 feet of frontage on Highway 175
- Includes a 28x40 steel building
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
$30,034
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
3.02%
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%
$600,680
$600.7K
Cap Rate 7%
$429,057
$429.1K
Cap Rate 9%
$333,711
$333.7K
Market Conditions
NOI Build-Up for 1,800 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
$44.9K $24.96/SF
− Vacancy
−$2.0K −$1.12/SF
EGI
$42.9K $23.84/SF
− OpEx
−$12.9K −$7.15/SF
NOI
$30.0K $16.69/SF
Area
Kaufman County, TX
Vacancy
4.50%
Lease Rate
$24.96 /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%
$600,680
Cap Rate 7%
$429,057
Cap Rate 9%
$333,711
Alternative Uses
Best Use
Retail
$429.1K
$375.4K – $500.6K
NOI $30,034 @ 7.0% cap · market cap 3.02%
Second Best
Industrial
$165.5K
$144.8K – $193.1K
NOI $11,583 @ 7.0% cap · market cap 1.16%
Theoretical Best
Multifamily LT 5
$22.65M
$19.82M – $26.43M
NOI $1,585,767 @ 7.0% cap · market cap 159.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
108
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75143, TX
15,349
Population
7,088
Households
2.2
Avg Household Size
45
Median Age
18%
College-Educated
86%
High-School Grad
181.9 sq mi
ZIP Area
84
Density / Sq Mi
$68,996
Median Household Income
$41,273
Median Earnings
$1,163
Median Rent
$173,200
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.
Similar Off Market Nearby
- U-Haul Neighborhood Dealer — US-175 BUS, Kemp, TX 75143
Frequently Asked Questions
What type of property is this?
Automotive property - Improved commercial acreage includes a frame home, steel building, and separate sales office along a state highway.
Where is this automotive property located?
The property is located at 9820 E HWY 175 Kemp, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 3.207‑acre commercial property east of Kemp; Approximately 304 feet of frontage on Highway 175; Includes a 28x40 steel building
