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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

200 Daniel Moore Ave Portland, TX 78374

4,500 SF 0.61 ac lot Built 2002
Property ID
Property summary
AI-generated overview

This established auto repair business in Portland, Texas (Corpus Christi metro area) presents a compelling owner-user investment opportunity. The 4,500 square foot, two-story building sits on a 0.613-acre lot zoned C-G "General Commercial," offering flexibility for future expansion or repurposing. Built in 2002, the property boasts eight bays with seven lifts, an alignment machine, and ample parking. The current operation includes a reception area, office space, and storage. The business enjoys a prime location near major intersections, surrounded by dense commercial and residential areas, ensuring high visibility and consistent traffic. With a 100% occupancy rate and a strong history of profitability, the business generated a Pro-Forma NOI of $225,000 in 2022, and a projected NOI of $250,000 for 2025. The current owner is retiring, presenting a unique chance to acquire a turnkey operation with significant upside potential. Opportunities for growth include expanding operating hours, increasing the currently below-market labor rate, implementing marketing strategies, and exploring potential expansions such as adding car wash or detailing services. The asking price is $1,650,000, with seller financing considered. The property's strong location, established customer base, and potential for growth make it an attractive investment. The business has shown consistent revenue growth, with a 31% increase in revenue year-to-date in 2023 compared to 2022. This is a rare opportunity to acquire a profitable, established business with significant growth potential in a desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2002
Total area 4,500 SF
Lot 0.61 ac (26,702 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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