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    OFF-MARKET
    Auto shops

    2745 Wagon Trl Rd, Pearland, TX 77584-1540

    1,500 SF 0.21 ac lot Built 1980
    Entity Owned 7-yr Hold Absentee Owner Free & Clear
    Property ID
    US82-4276387
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 4,600 square foot Class C retail auto shop located at 2745 Wagon Trail Rd, Pearland, TX 77584. The property boasts a strong 3.88% cap rate, generating a net operating income (NOI) of $27,000 annually, with a 100% occupancy rate. Built in 1980 and renovated in 2019, this single-story building sits on a 0.21-acre lot and includes 16 parking spaces. The property features three units and is zoned for commercial use. The asking price is $695,000, translating to $151.09 per square foot. The long-term tenant is planning to renew their lease, providing consistent cash flow. Further income potential exists through the repair and update of an additional structure on the property. Conveniently located off Wagon Trail Road, with direct access to FM 518, this property offers significant upside potential in the heart of East Pearland. The Brazoria County location and the property's four buildings add to its appeal. This is a rare opportunity to acquire a well-maintained, cash-flowing commercial property with significant growth potential. The property's APN is 2340-0002-000.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1980
    Total area 1,500 SF
    Lot 0.21 ac (9,148 SF)
    APN 2340-0002-000
    UPID US82-4276387
    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
    • All out Mechanic & tire shop Auto Repair Shop
    • BNC Transmissions & Auto Auto Repair Shop
    • J&P Solutions Paint and Car Detail Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Longbow Properties LLC · 7 yrs held
    Longbow Properties LLC
    since 2018
    3 recorded transactions
    2019
    2018
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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