Woodway Auto Dealership For
For Sale
Contact for pricing
9900 Woodway Dr, Woodway, TX
Well-maintained auto dealership with spacious outdoor display area.
Property Size3,894 SF
Lot Size0.72 Acres
Price / SF$308.17
Days on Market305
Property Features for 9900 Woodway Dr
General Information
Standard status
Active
Size
3,894 SF
Lot size
0.72 Acres
Property subtype
RETAIL
Listing Agency:
Cromwell Commercial Group
(254) 313-0000
Listed By:
Josh Carter CCIM · License #476150
(254) 313-0000
Source:
Moodyscre
Added: Oct 23, 2025
Changed: Aug 15
Last Checked: Aug 23 at 10:14AM
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 Cromwell Commercial Group
Investment Insights
Based on property information with market context.
This property, located in Woodway, TX, is an established auto dealership featuring well-maintained facilities. The property offers a highly visible location and three points of access. It includes a spacious outdoor display area. The building size is 3,894 square feet.
Key Highlights
- Established auto dealership
- Highly visible location
- Spacious outdoor display area
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
$52,745
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
4.40%
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%
$1,054,900
$1.1M
Cap Rate 7%
$753,500
$753.5K
Cap Rate 9%
$586,056
$586.1K
Market Conditions
NOI Build-Up for 3,894 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
$79.9K $20.52/SF
− Vacancy
−$4.6K −$1.17/SF
EGI
$75.4K $19.35/SF
− OpEx
−$22.6K −$5.81/SF
NOI
$52.7K $13.55/SF
Area
McLennan County, TX
Vacancy
5.70%
Lease Rate
$20.52 /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%
$1,054,900
Cap Rate 7%
$753,500
Cap Rate 9%
$586,056
Alternative Uses
Best Use
Retail
$753.5K
$659.3K – $879.1K
NOI $52,745 @ 7.0% cap · market cap 4.40%
Second Best
Industrial
$283.1K
$247.8K – $330.3K
NOI $19,820 @ 7.0% cap · market cap 1.65%
Theoretical Best
Multifamily LT 5
$48.51M
$42.45M – $56.59M
NOI $3,395,681 @ 7.0% cap · market cap 282.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
- Midway Storage — 9101 Old McGregor Rd, Waco, TX 76712
- Take 5 Oil Change — 201 Hewitt Dr, Woodway, TX 76712
Frequently Asked Questions
What type of property is this?
Auto shop - Well-maintained auto dealership with spacious outdoor display area.
Where is this auto shop located?
The property is located at 9900 Woodway Dr Woodway, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Established auto dealership; Highly visible location; Spacious outdoor display area
