200 Daniel Moore Ave Portland, TX 78374
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.