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Property profile & analytics
FOR SALE
Auto shops

416 E Kennedale Pkwy Kennedale, TX 76060

3,612 SF 0.44 ac lot Built 1981
Individually Owned 9-yr Hold Free & Clear
Property ID
US82-0520181
Property summary
AI-generated overview

This exceptional 3,612-square-foot industrial building, situated on a 0.44-acre lot at 416 E. Kennedale Parkway in Kennedale, Texas, presents a compelling investment opportunity. Priced at $1,050,000, the property boasts a prime location just half a mile from the Kennedale Town Center, providing excellent visibility and accessibility. Its strategic positioning near major highways I-20 and I-820 ensures high traffic volume, exceeding 10,000 vehicles daily. Currently configured and grandfathered for auto body shop use, with existing leases securing income until mid-2026, the property offers immediate return on investment. However, its versatile design allows for adaptive reuse in various commercial applications, including retail, restaurant, or office spaces. Substantial renovations completed in 2016 encompass upgraded electrical systems, remodeled bathrooms, and improved office areas, ensuring the property meets modern standards. The building features seven bays and ample parking, further enhancing its functionality. The property benefits from a robust local market, characterized by a 7.75% annual population growth and a median household income of $117,293. Proximity to established businesses such as Advance Auto Parts and Texaco adds to its appeal. This combination of strong lease income, prime location, and significant growth potential makes this property an attractive investment for discerning buyers.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1981
Total area 3,612 SF
Lot 0.44 ac (19,371 SF)
APN 2930--32R
UPID US82-0520181
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
  • ARIRANG WINDOW TINTING Auto Repair Shop
  • Prestige Collision Center LLC Auto Repair Shop
  • Euroasian Auto Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Joong Lee · 9 yrs held
Joong Lee
since 2016
5 recorded transactions
2016
Price N/A
2016
Price N/A
2015
Price N/A
2010
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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